Moody’s raises Uruguay’s credit rating to Ba1, one level below investment grade
The Central bank reduced debt by extending maturities and decreasing share of foreign currency denominated bonds Uruguay’s credit-rating outlook was raised on Thursday to positive by Moody’s Investors Service, which cited the government’s commitment to keeping its budget deficit in check.
Argentina promises soft credits for farmers to help address drought consequences
Buzzi said the President should be as concerned about the crisis in the farming sector as she is of the Malvinas Islands The Argentine government agreed with the main farmers’ organizations to grant credits equivalent to 530 million dollars to help combat the drought that affects a large portion of the country and is extensive to neighbouring countries of the Southern Cone.
Falklands’ oil industry says first round of exploration was “hugely successful”
The second round of oil exploration in the Falklands has started with the arrival of the Leiv Eiriksson rig Falklands’ oil industry sources said the round of oil exploration began in 2010 with the “Ocean Guardian” rig and just concluded, involving Rockhopper Exploration and Desire Petroleum, was “hugely successful” with several major oil and gas discoveries.
Alicia Castro is Argentina’s ambassador to London; last posting was Venezuela
A former unionist and lawmaker Ms Castro will hold a crucial post at a very special moment Argentine President Cristina Fernández appointed Alicia Castro, 62, as ambassador to the United Kingdom, and the British government has accepted her credentials, the Foreign Ministry announced on Thursday.
US was aware of Argentine military “systematic plan to steal babies born in captivity”
The administration of US President Ronald Reagan was aware of the “planned” stealing of babies born in captivity from jailed political prisoners, during the Argentine military dictatorship (1976/1983), since there was a “clear decision” to hand them to families considered faithful and reliable to the regime, said a former top US official.
Rousseff signals clear difference with Lula da Silva in coming visit to Cuba
Brazil issued a tourist visa to a dissident Cuban blogger a few days before President Dilma Rousseff is scheduled to travel to the Castro family island in a visit being dominated by human rights concerns.
Petrobras admits oil leak off the coast of southern Brazil
Transpetro, a subsidiary of Brazil's state-run energy giant Petrobras, said Thursday it had detected an oil leak off the coast of Rio Grande do Sul state but did not know how much had spilled.
Foreign Office has not discussed Gibraltar with new Spanish government
Foreign Office Ministers have not discussed Gibraltar with the new Spanish Government, a Foreign Office spokesman said on Wednesday.
Scottish independence debate rattles across Europe fearing breakaway movements
British diplomats are working behind the scenes to dampen down concern in Europe that Scotland's independence debate could trigger breakaway movements across the continent, reports the Herald Scotland.
Proposing financial transaction tax now is “simply madness”, says PM Cameron
United Kingdom’s Prime Minister David Cameron urged the European Union to take a “bold and decisive action” to curb the economic crisis hovering over the Euro Zone and also described the plan for a financial transaction tax as “simply madness”.
Greenpeace claims CFK is ‘ill-advised’ regarding Malvinas environmental claims
The Argentine chapter of Greenpeace suggested President Cristina Fernandez, CFK, is ‘ill-advised’ when she claimed on Wednesday no environmental group has criticized what is “going on in Malvinas” in direct reference to oil exploration and fisheries in the Falklands.
Argentine Senate and House of Commons absorbed by Falklands’ debate
A new round of exchanges on the Falklands/Malvinas dispute took place on Thursday when an Argentine Senate Committee unanimously voted in favour of debating a declaration bill “strongly repudiating” British Prime Minister David Cameron’s “colonialist” statements, while a British minister accused Argentina of “sabre-rattling.”
Soros says German-driven austerity plans could splinter the European Union
Billionaire investor George Soros said that German-driven austerity plans in Europe risk creating tensions that could splinter the region as it struggles with a debt crisis entering its third year.
HMS Protector reaches Antarctica, visits Uruguayan and Argentine bases
HMS Protector, the Royal Navy's new ice patrol ship, has arrived in Antarctica for the first time after her long sail south from Portsmouth. Her arrival, via Montevideo in Uruguay, coincided with the centenary of the Royal Navy's Captain Scott reaching the South Pole.
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