
Oil reached its highest price in more than two years in London as violence escalated in Libya given growing concerns supplies could be disrupted as turmoil spreads through the Middle East and North Africa.

Repsol-YPF planned exploration for hydrocarbons in the Malvinas basin, off Tierra del Fuego has suffered a major public relations setback following on the Buenos Aires press revelation that the two vessels contracted for the job not only are UK flagged but also have links with the current oil exploration round in Falkland Islands’ waters.

The G20 have reached a deal on indicators to detect economic imbalances, the French presidency said, after the meeting ended in Paris. The world's leading economies agreed on a compromise after frank, sometimes tense negotiations, French Finance Minister Christine Lagarde said.

The following article from Mr. Andres Cisneros is a reply to “Unilateral Facts II” (MP Feb. 12th) by Dr. Graham Pascoe and Peter Pepper. The first piece of this enriching exchange (Unilateral Facts) from Dr. Pascoe and Mr. Pepper was published in the BA Herald January 21st and a first reply from Mr. Cisneros (Unilateral Facts, indeed), Feb 6th in MP.

Considered one of the most ambitious trade and investment incursions to Asia, a delegation of Uruguayan business people headed by Vice-president Danilo Astori begins Saturday a seven-day official visit to India.

The US State Department released a press statement detailing the content of the cargo seized by Argentine authorities in the US Air Force plane case, and said that despite a “discrepancy regarding the serial number of one of the weapons, the quantity and type of weapon was consistent with the official manifest” provided to Argentine officials.

Negotiators have failed to agree targets to reduce global economic imbalances on the first day of the two-day G20 meeting in Paris. The countries want to better coordinate economic policies to avoid a repeat of the 2008 global financial crisis.

A same sex couple, members of Argentina’s Federal Police and with the same rank, promised eternal love at a simple, warm and joyful ceremony in Buenos Aires City downtown Tribunals’ palace.

Argentina and Brazil agreed Friday to set up a Monitoring Committee in order to exclude Brazilian products from being affected by the imports non-automatic licence system announced this week by the administration of President Cristina Fernandez de Kirchner.

The chairman of the Uruguayan Chamber of Industry, Washington Burghi, warned that Argentina’s decision to restrict imports could be “the beginning of the end” for the Mercosur. However Argentine ambassador in Montevideo said decisions are targeted against Asian imports with the purpose of defending Argentine jobs.