Argentina’s government could at any stage now force Spanish seafood group Pescanova to divest its squid fishing operation based in the Falkland Islands, as it is reportedly breaching fishing legislation, said Spanish media.
Spanish oil company Repsol has ended its operations in Argentina, two years after the government seized its assets. Last month the Argentine congress gave final approval to pay 5bn dollars in compensation for Repsol's stake in Argentine oil firm YPF.
A roundtable on soccer organized by the Argentine Embassy in London in the wake of World Cup, Argentina Ambassador, Alicia Castro, highlighted the “cultural links between Argentine and British people” and said “soccer is one of the strongest”.
The Falklands Islands reaffirmed its right to self determination supported by the UN charter and different resolutions going back to 1960, and at the same time accused Argentina of doing its utmost to damage the Islands economy.
European Parliament lawmakers Marian Harkin and Pat The Cope Gallagher have issued strong warnings of soundings coming from Europe of a potential Mercosur trade deal, particularly European Commission President Barroso intention of having the agreement signed before he steps down from office.
One of the Pope's closest collaborator, Argentine Monsignor Guillermo Karcher has affirmed that the alleged letter from Pope Francis to President Cristina Fernández revealed earlier on Thursday by the government is a fake.
A major gas deal between Russia and China was finally sealed this week when Russian President Vladimir Putin was on a two day visit to China on May 20-21 and met with President Xi Jinping. In the lead up to Putin's arrival, the two sides have been working on putting the finishing touches on a 30-year contract for a gas deal a decade in the making, and Russian officials have suggested that the deal will be completed by Putin's arrival.
The former chairman of the Federal Reserve Ben Bernanke, who during eight years piloted the world’s largest economy through the worst financial and economic crisis since the Depression of last century, is now reaping the fruits of his success.
President Dilma Rousseff has “guaranteed” Brazil's airports will be prepared to welcome visitors for the World Cup, which starts on June 12 in São Paulo. Rousseff made the comments on her weekly ''Breakfast with the President'' national radio program following criticism that a number of airports which were promised to be completed for the key football tournament remain unfinished.
More people than ever before rely on fisheries and aquaculture for food and as a source of income, but harmful practices and poor management threaten the sector’s sustainability, says a new report published by FAO.