Britain should bring forward orders for a new generation of navy frigates to help BAE Systems bridge a production hiatus that’s threatening its warship-making capabilities and 6.000 engineering jobs, the Unite union revealed.
The world faces the “urgent challenge” of creating 600 million productive jobs over the next decade in order to generate sustainable growth and maintain social cohesion, according to the annual report on global employment by the International Labour Organization (ILO).
YPF SA shares fell the most in 20 months after newspaper Pagina/12 said Argentine officials discussed a takeover of the country’s biggest oil producer, following a controversy with the oil industry over alleged fuel-price fixing and lack of investment which doubled the country’s fuel imports bill to 9.4 billion dollars in 2011.
Six South American countries are sharing for the first time in history information on defence expenditure which is seen as a first concrete step to leave behind border disputes and ensure peace in the region, said delegates from Chile, Ecuador and Unasur, Union of South American Nations.
President Cristina Fernandez has more power than Juan Domingo Peron “ever had” and Peronism in Argentina is guarantee of governance, according to Carlos Corach a former Interior minister from former President Carlos Menem administration and a respected solicitor and political analyst.
Argentina is “a good problem” for Brazil, said President Dilma Rousseff’s Foreign policy advisor Marco Aurelio Garcia ahead of another trade dispute when Argentina begins applying a new imports’ scheme that has been equally criticized by local and Brazilian manufacturers.
Last Friday it was announced that Keith Padgett, Financial Director for the Falkland Islands Government, has been appointed interim Chief Executive of the Islands until a replacement is appointed for outgoing CE, Tim Thorogood.
Uruguay’s ruling catch-all coalition, Broad Front, has a 44% support well ahead of any of the two main opposition parties, according to the latest public opinion poll released in Montevideo by Equipos Mori.
Venezuelan President Hugo Chavez has called for a presidential summit of the Bolivarian Alliance of the Peoples of our America, ALBA, for next February 5 in Caracas when it is expected Chavez will insist in the creation of an economic block.
Spain’s unemployment total has passed the five million mark, with the jobless rate shooting up from 21.5% to 22.8%, which represents something like one out of four workers don’t have a job.