Stories for November 17th 2012
Argentina asked a US judge late Friday night to maintain his order blocking payment on defaulted sovereign bonds to holdout investors until lingering questions are settled in a higher court's appeals process.
UK has dismissed a comment by Spain’s Foreign Minister suggesting that Britain and Spain were poised to reach a bilateral solution to the fishing dispute. Jose Manuel Garcia-Margallo said Spain was open to dialogue and that he and his British counterpart, William Hague, “talk a lot” about many issues, including Gibraltar
An agreement among Greece's international creditors on reducing its large debt pile should be rooted in reality and not in wishful thinking, the head of the International Monetary Fund said ahead of a tense meeting with European leaders.
US foreign policy is being reoriented to promote American economic interests after Washington was tied down by two wars in the past decade, Secretary of State Hillary Clinton said on Saturday.
Mercosur condemned the “disproportionate use of force” in Gaza and called on Israel and Palestinians for an immediate cease fire of the conflict that has already left al least forty people killed, mostly civilians.
Spain and Portugal sought help from their former Latin American colonies to rescue them from economic crisis through a new wave of trade and investment across the Atlantic Ocean.
A top official from St Helena will be visiting the Falkland Islands next month to explore ways that the governments of the two British Overseas Territories can collaborate and looking ahead to when the mid Atlantic volcanic island will have an international airport.
Argentine farmers will increase soy planting by almost 4% following a year of bad global crop weather. In the first soybean area estimate of the 2012/13 season, the Argentine Agriculture Ministry said 19.4 million hectares will be sown in the weeks ahead compared to 18.7 million hectares in 2011/12.
Argentina announced on Friday that the International Tribunal for the Law of the Sea proposed November 29 and 30 as the days to hold the hearings between Argentina and Ghana over the seizure of the ARA Libertad Frigate at Ghana's Tema Port.
The Argentine Navy said that repair works in the corvette ARA Espora, which has been stranded in South Africa for over five weeks “are 65% completed” and denied there were any debts pending with the German company that is responsible for the maintenance of the MEKO class corvettes as was reported earlier in the Buenos Aires press.