International

• Tuesday, April 24th 2012 - 03:57 UTC

  YPF nationalization bill does not contemplate compensations, says Kirchnerite Senator

  

  Senator from the Argentine ruling majority and former cabinet chief, Aníbal Fernández assured that the government “will pay the real price for the expropriation of YPF and not what Repsol’s chairman (Antonio Brufau) wants.”

• Tuesday, April 24th 2012 - 01:51 UTC

  Colombia offers to mediate in the YPF conflict between Argentina and Spain

  

  Colombia is available to mediate between Spain and Argentina to find a solution to the dispute over the seizure of YPF from Repsol, said Colombian Vice-president Angelino Garzón.

• Tuesday, April 24th 2012 - 01:45 UTC

  London property boom: Asians bought 51% of new luxury homes

  

  Investors from China and Southeast Asia bought one in every two new homes in central London last year as the number of wealthy individuals in the region swells, Jones Lang LaSalle Inc., said.

• Tuesday, April 24th 2012 - 01:23 UTC

  Spain’s Repsol threatens companies investing in seized YPF with legal actions

  

  Spain’s main oil corporation Repsol warned it could take legal action against companies that invest in YPF after Argentina seized control of the Spanish company's energy unit last week.

• Tuesday, April 24th 2012 - 01:09 UTC

  Setback for Spain: EU confirms trade talks with Mercosur, including Argentina

  

  A member of the European Union assured it is not possible to negotiate an agreement between the EU and Mercosur without Argentina, as the Spanish Government planned after the country’s decision to expropriate YPF.

• Tuesday, April 24th 2012 - 00:52 UTC

  Spain back in recession and already high unemployment expected to increase

  

  Spain's jobs-scarce economy plunged back into recession in the first quarter of 2012 as employment slumped even further, the Bank of Spain said on Monday. Barely two years after emerging from the last downturn Spain slid into recession again with two consecutive quarters of economic contraction the central bank said in a report.

• Tuesday, April 24th 2012 - 00:48 UTC

  Extreme right-wing National Front kingmaker of next French president

  

  French President Nicolas Sarkozy appealed directly to far right voters on Monday with pledges to get tough on immigration and security, after a record showing in a first round election by the National Front made them potential kingmakers.

• Monday, April 23rd 2012 - 09:40 UTC

  IMF governing panel calls for more action from Euro zone to prevent recession

  

  Europe was pressed by other world powers to take strong measures to fix its debt-heavy economy and restore growth to a level that would lift the cloud hanging over the fragile global recovery.

• Monday, April 23rd 2012 - 09:28 UTC

  Washington Post suggests replacing Argentina with Chile at the G20

  

  As has happened with other leading world opinion makers such as the Financial Times and The Wall Street Journal, that have condemned the seizure by the administration of President Cristina Fernandez of a majority share in the Spanish Repsol owned YPF, The Washington Post has also been extremely critical of the Argentine leader.

• Monday, April 23rd 2012 - 09:21 UTC

  Brazil helped Soviet support operation for Argentina during the Falklands conflict

  

  Brazil collaborated during the 1982 Falkland Islands conflict in an operation mounted by the Soviets to supply Argentina with spares, arms, munitions and other requirements according to the Rio do Janeiro newspaper O’Globo based on disclosed documents from the National Security Council and the Ministry of Foreign Affairs.