The British Government has filed a legal challenge against the European Commission’s decision to re-list Spain’s controversial nature site in Gibraltar waters. Britain had already announced that it would take the step and the case was filed with the European Court of Justice last Thursday, just a day before the March 5 deadline.
Exploratory oil drilling, which began last month in waters north of the Falkland Islands (whose sovereignty remains contested by the United Kingdom and Argentina) has upped the tension level in the region, the security information provider Jane's has noted.
Brazil’s Finance minister Guido Mantega discarded any “left turn” or leaning towards the left with the country’s economic policy in the event of a victory by the incumbent candidate and cabinet chief Dilma Rousseff.
Around 10,000 volunteers in 400 locations across Chile united to raise funds for the earthquake stricken country over the weekend.
The Latinamerican economy is poised to expand 3% or more in 2010, the year that will signal the beginning of recovery for the region according to the Inter American Development Bank, (IDB), President Luis Alberto Moreno.
Ousted former Honduras President Manuel Zelaya has been appointed Head of a Political Council of Venezuelan energy consortium Petrocaribe which allows Caribbean and Central American nations to buy oil at a discount from Venezuela.
Argentine government officials reiterated over the weekend that despite efforts from the opposition to stop the Government, it would service the public debt with the Central Bank foreign reserves.
Brazil is preparing a package of incentive but this time to promote exports which suffered significantly last year because of the global slowdown, announced Finance minister Guido Mantega in an inteview with Folha de Sao Paulo.
Most Chileans are unhappy with their government's response to the catastrophic earthquake and squarely blame President Michelle Bachelet for shortcomings, according to a poll published over the weekend.
Encouraging news from the United States labour market: employers shed fewer jobs than expected in February, cutting 36,000 jobs. This was better than the 50,000 analysts had been expecting.