Argentine president Mauricio Macri is scheduled to receive in a week's time the European Union head of foreign affairs, Federica Mogherini who is expected to announce that all is ready to begin, next April, formal negotiations for the long-delayed trade and cooperation agreement between Mercosur and the EU.
Oil exploration efforts have intensified following the discovery of commercial quantities of oil in Guyana’s Maritime Zone. Esso Exploration and Production Guyana Ltd. (EEPGL) has commenced a meteorological and oceanographic survey in the Stabroek Block, scheduled to be completed during May 2018.
Citibank is planning to sell the consumer banking operations it has run for a century in Argentina, Brazil and Colombia as South America’s three biggest economies suffer a major downturn. The New York-based bank said in a statement that its decision was prompted by a desire to allocate resources where it can generate the best returns.
President Evo Morales of Bolivia has narrowly lost a referendum to allow him to stand for a fourth term in office, exit polls suggest. One poll suggests 52.3% voted against the proposal to amend the constitution, while another suggests it was 51%. However, Morales's deputy has predicted Bolivia's first head of state of indigenous origin could still win, as official results trickle in.
United States President Barack Obama will make a historic visit to Cuba within the next month, the culmination of his efforts to end a half-century of tensions between Havana and Washington, ABC and CNN reported late Wednesday.
CONCACAF (Central America, North America and Caribbean Football Confederation) deputy general secretary Jurgen Mainka says the purpose of this week’s meeting in Miami was to discuss FIFA and CONCACAF reforms, not to decide on which FIFA presidential candidate the regional confederation will support.
One of the world's largest and most iconic cruise vessels called at Ushuaia, extreme south of Argentina, on Thursday following an absence of over ten years. Given the size of the 'Queen Mary 2', she anchored in the bay and those passengers of the 2.600 on board who decided to land were brought ashore in tenders.
Rockhopper Exploration which has a joint venture agreement with Premier Oil offshore the Falkland Islands, described the oil exploration campaign now terminated as a 'huge success' and underlines the postponement of the Chatham well drilling will have no impact on the Field Development Plan for the Sea Lion oil discovery development.
The Falkland Islands government and Premier Oil have announced on Friday the ocean rig 'Eirik Raude' contract termination, which in practical terms puts an end to the current exploratory campaign and the scheduled drilling of the Chatham well. Nevertheless both sides underlined the success of the now terminated campaign with the oil discoveries at the Zebedee and Isobel Deep prospects in the North Falkland basin and look forward to continue working in the near future.
By Uki Goñi -
”Because here nobody is better than anybody else.” The phrase, one of this small South American country’s most cherished sayings, dates back to the 19th century and is often repeated by its thinkers, presidents and everyday citizens. As a simple expression of the democratic spirit, it sums up how Uruguayans feel about their homeland.