International

Sunday, April 15th 2012 - 21:56 UTC
YPF dispute in calmer waters: Argentina yields and Repsol CEO calls for dialogue

The CEO from Spain’s main oil corporation Repsol, Antonio Brufau said that there should be no speeches or attempts to impose, but rather more dialogue, in direct reference to the ongoing conflict with the Argentine government over the possible takeover of the YPF branch.
Sunday, April 15th 2012 - 16:03 UTC
China allows wider flotation margin for the Yuan against the US dollar

China will allow the Yuan to trade in a wider daily range against the US dollar from Monday, taking another major step to further liberalise its exchange rate regime and make its currency more market oriented.
Sunday, April 15th 2012 - 16:01 UTC
Rousseff blasts rich countries “monetary flooding”: marks difference between defending and protecting

Brazilian president Dilma Rousseff staunchly defended Latin American integration as she took part of the CEO forum at the 6th Summit of the Americas in Cartagena de Indias, Colombia. She blasted rich countries over their so called “monetary flooding” because it attempts against the industrialization of emerging nations.
Sunday, April 15th 2012 - 15:59 UTC
US security personnel prostitution scandal eclipses much of the Summit of the Americas

A prostitution scandal involving US security personnel in Colombia and an unprecedented regional push to end the isolation of Cuba threatened to eclipse President Barack Obama's charm offensive to Latin America.
Sunday, April 15th 2012 - 05:31 UTC
Spain feels conflict with Argentina over YPF “seems to be getting back on course”

In the last 48 hours “things seem to be getting back on course” said on Saturday Spain’s Minister of Industry Jose Manuel Soria in reference to the ongoing conflict with the Argentine government over the possible take over of YPF, the Argentine affiliate of Spain’s Repsol.
Saturday, April 14th 2012 - 06:48 UTC
YPF dispute: Argentina runs the risk of becoming an ‘international pariah” warns Spain

Spanish officials warned Argentina on Friday that the country risks becoming “an international pariah” if it follows through on its threats to take control of Spanish-owned energy company Repsol's majority stake in its YPF unit.
Saturday, April 14th 2012 - 06:38 UTC
UK team to survey wreck of RFA tanker sunk by WWII German U-boat in St Helena

UK Defence Equipment and Support (DE&S) team is heading to the South Atlantic island of St Helena to survey the wreck of a tanker sunk by a German U-boat in World War Two.
Saturday, April 14th 2012 - 06:32 UTC
“Argentina: shame on you”; Editorial from Canada’s Globe and Mail

Argentine President Cristina Fernandez de Kirchner has said it is “absurd” for the British government, which has enjoyed sovereignty over the Falkland Islands for 180 years, to maintain its claim from an ocean away “when these Islands are part of our maritime platform.” Applying the logic of Ms. Kirchner, Canada should be stoking international tensions in an effort to annex Saint-Pierre and Miquelon. And perhaps Greenland.
Saturday, April 14th 2012 - 06:17 UTC
Ocampo drops out from World Bank bid; gives full support to Nigerian candidate

Former Colombian finance minister Jose Antonio Ocampo ended his bid to become World Bank president on Friday, leaving two candidates in an unprecedented challenge to US control of the global development institution.
Friday, April 13th 2012 - 07:30 UTC
Obama will not yield on drugs decriminalization and Cuba policies

US President Barack Obama arrives Friday night in Colombia for the sixth Summit of the Americas where he is expected to hang tough on Washington's anti-narcotics and Cuba policies, positions ever-more unpopular in a region drifting away from US dominance.