Petrobras will begin selling off huge “pre-salt” oil fields to raise cash for the desperate Brazilian national oil company, according to new legislation passed by Congress. Politicians in the lower house had fought against the bill, but lawmakers succeeded in pushing the bill through during a late-night session, and the vote stood at 251-22 by the end of the night.
The index of the leading shares of the Buenos Aires stock market returned to adjust results in 3.51% and accumulated thus four rounds of losses for a total drop of 9,25% sice Monday. The Merval started the week with 17,257.56 points and dropped Friday to 15,659.74 points, with significant decreases except for Tenaris, which managed to stay away from the trend of US-based businesses thanks to a positive balancesheet produced last week.
U.S. Secretary of State John Kerry traveled to Antarctica Friday, in preparation for an international climate-change conference to be held in Marrakesh next week, at a time the world foresees different environmental policies under Trump.
McDonald's is suing the city of Florence for €18m after it was blocked from opening a restaurant on one of the Italian city's most historic plazas. The fast-food giant had its plans for an outlet on the Piazza del Duomo rejected by Florence's mayor in June and the decision was upheld in July by a technical panel in charge of preserving the city's ancient heart.
The chair of the Argentine Episcopal Conference (CEA) Monsignor Jose Maria Arancedo renewed his call to the leadership of the country, political, social, unions and business, to leave aside special interests and act responsibly for the good of the country, at a very difficult moment so that we can all enjoy Christmas in Peace
Delta Air Lines will operate three daily flights to Havana, one from Miami, one from New York and one from Atlanta, it was announced Friday - No fly zone (sort of) around Trump Tower in NYC
Aerolíneas Argentinas announced Friday a series of adjustments to its operations which will increase the seating capacity by 10% for peak summer season destinations - DAP starts flying between Ushuaia and Punta Arenas - The neverending story of Bolivia's haunted airport.
In 1918 at the eleventh hour of the eleventh day of the eleventh month the First World War Armistice was signed in a railway carriage stationed in the Forest of Compiègne in Northern France by military personnel representing France, Germany and Britain. Today, 98 years later, that moment was commemorated across the United Kingdom and by the Forces around the world.
Chilean privately owned DAP Airways inaugurated this week the link between Punta Arenas, extreme south of Chile and Ushuaia, capital of Argentine Tierra del Fuego, a flexible commercial service that includes two weekly flights during the summer season and with the main purpose of increasing connectivity in the region and favoring tourism.
Brazil's attorney general on Friday offered a joking retort to former President Lula da Silva's remark that the corruption allegations he faces are due to a diabolical pact among different institutions, saying he is not a religious person. What I can say is that I'm not religious, Rodrigo Janot joked to reporters when asked about Lula's comments. Janot, who gave a press conference to review anti-corruption investigations this year, added that Lula was free to express his opinion.