Peru's Interior And Defence Ministers Resign

LIMA, May 11 (BERNAMA-NNN-AGENCIES) - Peru's two cabinet members resigned Thursday under threat of being censured by Congress for the recent death of eight police officers in a clash with rebels.

Peru's defense and interior ministers resign

Two top Peruvian officials resigned Thursday amid a growing public outcry over clashes between government forces and Shining Path rebels.

Argentina nationalizes oil company YPF

BUENOS AIRES (Reuters) - Argentina's Congress nationalized the country's biggest oil company, YPF, by an overwhelming lower house vote on Thursday that underscored broad popular support for a measure that threatens to scare off foreign investment. The Chamber of Deputies voted 207-32 in favor of expropriating YPF, clearing the way for President Cristina Fernandez to sign the bill into law

Argentine Congress easily approves YPF takeover

Argentina's takeover of its formerly state-owned energy company from Spanish shareholders won easy approval from legislators Thursday night.

Hitting Argentina for Oil Seizure Can Hurt U.S. Interests

Argentina’s Lower House voted on Thursday to approve the expropriation of 51 percent of YPF SA, the country’s largest oil company.

Argentina's YPF takeover heads for final approval

BUENOS AIRES (Reuters) - The nationalization of Argentina's biggest oil company was headed toward final congressional approval on Thursday, reflecting broad domestic support for a measure that has rattled private investors. President Cristina Fernandez, a combative career politician who has tightened state control of the economy, unveiled the plan to seize a majority stake in YPF from Spain's ...

Peru Is Latest Developing Nation to Adopt Climate Change Initiative

LIMA (Reuters) - Peru became the latest developing country to enact a domestic climate change initiative in the absence of a binding global pact, adopting a resolution on Thursday to lower carbon emissions in its fast-growing economy. As one of the world's most geographically diverse places, Peru said it is already feeling the effects of a changing climate, such as melting tropical glaciers in ...

Peru Destroys 4 Tons Of Illicit Drugs

LIMA, April 27 (Bernama) -- Authorities on Thursday destroyed more than four tons of drugs at the National Police (PNP)'s Direction of Special Operations here, Xinhua news agency reported.

Britain tightens Argentina military exports

Britain announced a clampdown Thursday on the sale of goods to Argentina's armed forces following an escalation in the row over the disputed Falkland Islands.

Argentine Senate approves of YPF takeover

Argentina's Senate on early Thursday approved the forced takeover of the YPF oil company from Spain's Repsol.