Argentine president Cristina Fernandez de Kirchner said that Britain’s stance of declaring sovereignty over the Falklands/Malvinas sovereignty “non-negotiable” is a “mistake” dictated by “unilateral practices” that have created insecurity in the world.
Spain’s Popular Party opposition has complained after a Spanish ministry issued guidelines to maritime rescue services that appear to acknowledge British Gibraltar territorial waters.
United Kingdom consumer price inflation unexpectedly jumped to a 17-month high in April, 3.7%, driven by big rises in tax on alcohol and tobacco as well as higher prices for women's clothing and food, data showed.
The Peruvian economy expanded 8.76% in the first quarter of 2010 compared to the same period a year ago, the highest rate in the last 17 months, according to the head of the country’s Statistics Office, Renán Quispe.
Peruvian president Alan Garcia criticized spiralling military expenditure in South America, a fact he linked to the recently created Union of South American Nations, Unasur.
European Union finance ministers have agreed to introduce tougher regulation of the hedge fund industry. Ministers overrode objections by the new UK government and the City of London, where 80% of European funds are based.
Chilean President Sebastian Piñera and Peruvian President Alan Garcia Perez met Sunday in the lead up to the European Union, Latin American, and Caribbean Summit in Madrid. The meeting represented a big step forward in improving the current rocky relations between Chile and Peru.
The Royal Navy survey ship HMS Scott returned to Devonport this week after six months on deployment in the southern hemisphere. The deep-water survey ship deployed on 26 October 2009 replaced stricken HMS Endurance in Ice patrol duties.
Foreign Office Minister Jeremy Browne has said there “cannot be negotiation on sovereignty unless and until the Falkland Islanders so wish,” following a statement by the Argentinean President.
The Euro fell to its lowest since April 2006 even as European finance ministers sought to dissipate concern that spending cuts to combat the region’s debt crisis won’t cause a double dip in the economy.