Argentine president Cristina Kirchner targeted the UK for “threatening” to come “to militarize and invade our Malvinas Islands” following the announcement that an additional 150 British soldiers are been sent to the Falklands and PM David Cameron recent warnings on support of the Islands.
By Anka Mulder - Over the next decade, it is estimated by the World Economic Forum (WEF) that the global economy will need to create some 600 million new jobs to preserve social cohesion, and ensure sustainable growth. In the midst of ongoing economic fragility across much of the world, this poses a monumental challenge, and will thus be one of the topics discussed at WEF annual meeting in Davos later this month.
US crude oil production is expected to rise by the largest amount on record in 2013, the Energy Information Administration said, and is set to soar by almost a quarter over the next two years.
Rockhopper Exploration which discovered oil offshore the Falkland Islands in 2010 at its Sea Lion prospect is planning a minimum of three exploration and appraisal wells on its North Falkland Basin acreage in 2014 including Sea Lion satellites Casper, Casper South, and Beverley.
The unemployment rate across the troubled Euro zone hit 11.8% in November, up from 11.7% in October, with the number of people out of work in the 17-nation single currency area now nudging 19 million. Spain again recorded the highest with 26.6% and 57% for the under-25s.
With rising economic strains on one side and ever more environmental concerns on the other, the world could soon find itself in the perfect global storm, the World Economic Forum warned in a report on Tuesday.
US agricultural giant Monsanto Tuesday posted a large increase in quarterly earnings on strong results in corn seed sales in the US and Latin America and better sales of pesticides. The St Louis-based corporation said net income for the first quarter was 339 million dollars, up from 126 million a year earlier.
The frigate ARA Libertad is already in Argentine waters and is scheduled to arrive Wednesday to the port of Mar del Plata, escorted by dozens of yachts and other vessels, to a huge reception ceremony headed by President Cristina Fernandez, ministers and top officials.
The head of the World Animal Health Organization (OIE) called on countries that are banning Brazilian beef imports, following a case of mad cow disease last month, to lift restrictions as soon as possible, saying they were not justified.
Spain is to toughen its stance over Gibraltar in the long-running dispute over sovereignty following a year that has seen an increase in diplomatic tensions, according to reports in the UK daily The Telegraph.