Spanish Prime Minister Mariano Rajoy drew a line under the diplomatic bag incident at the Gibraltar border following a conversation with his British counterpart, David Cameron. The two men spoke on the side lines of an EU summit in Vilnius, Lithuania, although their conversation centered mostly on Scotland and Catalonia, according to Spanish reports. “This (incident) has been resolved” said the Spanish president.
The Falkland Islands government said on Friday that Argentina's latest illegal attempt to undermine the Islands economy is in direct contradiction with its alleged claim that it wants to establish a dialogue and is yet another effort to disrupt the lives of 3.000 people who want to live in peace and with good neighborly relations.
Hooded far right extremists disrupted an academic event in the Spanish port of Algeciras at which Gibraltar Chief Minister Fabian Picardo was due to have delivered a speech on cross-border cooperation Thursday night. They were joined by a group of fishermen from La Linea and Algeciras standing next to a banner that read “Picardo Fascista”.
United Nations independent expert urged authorities in Argentina to undertake an audit of its external debt to improve transparency, and to intensify efforts to improve social conditions for their people.
Argentina, Chile and Brazil have been elected to be members of the International Maritime Organization Council for the 2014/15 biennium by the IMO assembly, which is meeting in London.
Corruption is not new in Brazil nor does it surprise public opinion but the magnitude of such extended practice is only coming to light with a recent study from the powerful manufacturing lobby, FIESP (Federation of Industries of Sao Paulo State) which states that the average annual cost of corruption in the country is between 1.38% and 2.3% of GDP, which the World Bank in 2012 estimated at 2.3 trillion dollars.
Brazil's state-owned telecom provider Telebras signed a 560m dollar contract to deliver a satellite for secure communications on Thursday, following months of outrage over revelations of US cyber spying. A statement said a joint venture between Telebras and Embraer would deliver the geostationary satellite for strategic communications by late 2016.
Premier Oil expects to raise at least £100 million in a bond offer scheduled to close on 6 December. The FTSE 250 oil and gas company, with interests in the Falkland Islands, the North Sea, and South-East Asia, said its 5% sterling bonds auction has already built a book value of at least £100 million.
Uruguayan president Jose Mujica again questioned Argentine president Cristina Fernandez administration trade policies which he said take us back 'to the sixties, when everybody locked in', and in effect deny Mercosur and harm other members.
Mercosur must have greater integration, act with an only voice and operate as a block, advised former French president Nicholas Sarkozy at a business conference in Buenos Aires, where he also underlined that without the European Union, France or Germany could have disappeared from the world map