Spain's official population fell last year for the first time since the 1940s as immigrants fled a five-year on-and-off recession that has sent unemployment soaring. The number of residents fell by 206,000 to 47.1 million, the National Statistics Institute said on Monday.
Ralph Lauren Corp. has agreed to pay 1.6 million dollars to the US Securities and Exchange Commission, SEC, after finding that its subsidiary in Argentina repeatedly bribed customs officials, federal authorities announced Monday.
Britain’s Prince Harry will take part in a race to the South Pole with a team of wounded British servicemen and women it was announced over the weekend. The 28-year-old will take on teams from the United States and the Commonwealth in the 335km Walking With The Wounded South Pole Allied Challenge in November and December this year.
With the intention of boosting exports to Arab nations, the Argentine and Brazilian chambers of commerce have established an Arab-South American Commerce Federation it was reported in Buenos Aires.
Argentina’s Rafael Grossi has resigned as assistant director-general of the Vienna-based International Atomic Energy Agency (IAEA), sparking speculation as to whether his exit might be linked to Argentina’s agreement earlier this year with Iran.
Punta Arenas in the extreme south of Chile will be hosting until next Thursday the four-day annual meeting of the International Association of Antarctica Tour Operators, IAATO which has a confirmed attendance of over a hundred representatives from the industry.
The leader of Italy's anti-establishment 5-Star Movement, Beppe Grillo, criticised the re-election of President Giorgio Napolitano as a desperate attempt to retain power by a discredited establishment.
Britain's credit standing took a further blow when Fitch Ratings became the second major international agency to strip the country of its top-notch credit rating. The move is an embarrassment for the Conservative-led government which promised to protect the country's rating when it took power in 2010, and will heighten the debate about whether austerity is still the right approach.
Gibraltar will commemorate, not celebrate the 300 year old Treaty of Utrecht this year, Chief Minister Fabian Picardo, told members of the Fabian Society in London earlier this week. The treaty refers to the cession in perpetuity by Spain to the British Crown of Gibraltar in 1713 under Article X of the agreement which put an end to the War of Spanish Succession (1701/1714)
Two US hedge funds suing Argentina for full payment on defaulted bonds rejected on Friday, President Cristina Fernandez government offer to settle the suit with a deal that would give them approximately 25% of what they were seeking.