The US Supreme Court heard arguments on Monday in the case of a British company embroiled in a legal battle with Argentina, with justices mulling the question of whether an arbitration tribunal has jurisdiction to punish a sovereign state in favor of a private company.
Argentine Lower House passed last week a bill creating a commemorative coin as a tribute to Latin America's first Pope. Lawmaker Oscar Cachi Martinez first proposed the measure in April, and it garnered approval from congressional committees during November. The next step is for the bill to the considered by the Senate.
In an attempt to stop the drain of Argentina Central Bank international reserves, the government of President Cristina Fernandez has decided to take the 20% income tax advance to 35% for all credit and debit card purchases made abroad. The move will also involve the purchase of dollars for Argentines travelling abroad with the US currency climbing now to 8.322 pesos.
Voter turnout in Chile's extreme north and south fell far short of national average, and candidates will look further afield for votes in upcoming elections December 15. As Chile’s presidential candidates turn their heads to the country’s far-flung regions, a report by La Tercera demonstrates the particularly high rates of abstention in rural areas in both the extreme north and south.
A delegation of political advisors from the Brazilian Congress is currently in the Falkland Islands. The group is accompanied by Andrew Ford First Secretary FCO Brasilia.
A book by John Fowler on what it was like to live through the Falkland Islands 1982 war from an Islander’s view has been made available in Argentina Translated from its British version ‘1982 and all that’ which has been available on Amazon for Kindle for some time, ‘1982: Difficult Days in the Falklands’ is soon to be available in Spanish thanks to the publishing house Winograd.
Mexico's government owned oil company Pemex is getting closer to an understanding with YPF after playing a crucial role in brokering a deal between Argentina and Spain regarding the April 2012 seizure from Repsol of a majority stake in YPF. Pemex apparently is interested in having a share at the Vaca Muerta oil and gas shale deposits in Patagonian Neuquén.
Argentina's cabinet chief on Monday hit back at the United States reacting to comments from the White House on the Argentine central bank reserves saying he was worried about the US and UK debt levels, the US debt reaches over 100% of GDP.
Argentina thanked Commonwealth member Guyana for its strong support in the Malvinas Islands question and underlined the excellent bilateral relations in all fields, during the official visit of Foreign minister Carolyn Rodrigues-Birkett to Buenos Aires.
Panama Foreign minister Fernando Núñez Fábrega underlined his country's traditional and committed support for Argentina's sovereignty claims over the Malvinas and other South Atlantic Islands and their adjoining maritime spaces, an issue that was discussed during this week's visit to Buenos Aires, a special guest of his peer Hector Timerman.