Argentina agreed to compensate five companies that won rulings over investment disputes as the country looks for the World Bank to approve 3 billion dollars in loans. The companies agreed to accept payment in dollar bonds and to reduce the principal amount of their awards by 25%, the Argentine economy ministry said Friday in a statement.
Saudi Arabia, in a display of anger at the failure of the international community to end the war in Syria and act on other Middle East issues, said it would not take up its seat on the United Nations Security Council.
Milan court ruled that former Prime Minister Silvio Berlusconi should be barred from holding public office for two years following a conviction for tax fraud. But, since Berlusconi is a senator, the court's decision will have no immediate effect and his expulsion from the Senate will depend on a separate vote in the upper house of parliament, expected to take place next month.
Leaders of the Argentine business sector find “positive” that possibilities of Cristina Fernández re-re-election are fading, said FIAT Argentina CEO Cristiano Ratazzi who also questioned the so-called Kirchner development-inclusion model.
“There are no relations, diplomatic relations (between Argentina and Uruguay) are managed by Zanini and me” confessed Uruguayan ambassador in Buenos Aires Guillermo Pomi to Argentine opposition lawmaker Elisa Carrió.
In a new initiative the Government of South Georgia and South Sandwich Islands (GSGSSI) has published their first Annual Report. The report, which is designed to keep people informed about Government activities on and off the island, was published on this website on September 2nd and has been distributed to stakeholders, according to the latest South Georgia Newsletter edition.
United Kingdom and Uruguay have signed in London a Tax Information Exchange Agreement, TIEA. The Agreement will come into effect as soon as each government has completed the necessary procedures to give effect to it under its domestic laws.
“God willing” Argentine president Cristina Fernandez will be back in full strength anticipated Buenos Aires province governor Daniel Scioli on Thursday unveiling the secrecy that surrounds the head of state since she underwent surgery a week ago to extract a cranium blood clot and has been recovering at the Olivos presidential residency.
The United Kingdom government set out its approach and policy on the Arctic in a paper released on Thursday and titled: Arctic Policy Framework - Adapting To Change: UK policy towards the Arctic.
Preparations are under way in the Falkland Islands for a General Election to be held on November 7 this year and 4.30pm on October 17th marks the last moments for would be Members of the Islands Legislative Council to announce their candidacy. This year the list of candidates will be subject to particular scrutiny.