Colombian President Juan Manuel Santos said he has agreed with his Nicaraguan counterpart, Daniel Ortega, to establish lines of communication to resolve through diplomatic channels the maritime dispute between the two countries.
The Paraguayan congress was strongly supported at the Latinamerican Parliament, Parlatino, which during the XXVIII ordinary session voted against an Argentine motion to have it suspended.
The Union for South American Nations (Unasur) agreed to limit the actions of ‘special situation funds’ (hedge funds or ‘vulture funds’) and categorically rejected a referendum that will take in place in the Falkland Islands in March to decide the political status of the archipelago, during the summit that took place in Lima.
Paraguay complained bitterly Unasur (Union of South American Nations) decision to confirm the suspension of the country from the group until next April 2013 when elections are scheduled. The decision was described as a ‘systematic persecution’ and ‘interventionism’ of Paraguay, which is contrary to basic principles enshrined in the UN charter.
Moody's Ratings agency announced it has downgraded the European Stability Mechanism (ESM) and European Financial Stability Facility (EFSF) from Aaa to Aa1, with negative outlook on each.
President Dilma Rousseff vetoed on Friday parts of a controversial oil royalties bill that pit Brazil's oil-producing states against the rest of the country in a battle over future oil wealth.
Brazil on Friday reported slower than expected economic growth in the third quarter putting more pressure on President Dilma Rousseff to make deeper structural reforms and adding to fears that the global slowdown is reaching big emerging markets.
Latinamerican countries most of which recognize Palestine as a free and sovereign state, helped this week with their votes to elevate the status of the Palestine Authority to “non member observer” which was approved this week by an overwhelming majority of the UN General Assembly.
Prime Minister David Cameron rejected the idea of a law to regulate the British press risking a split in his government after an inquiry advised legal backing for a watchdog to police the sometimes outrageous conduct of newspapers
Despite claims by the Argentine media that the Bahamas flagged cruise vessel “Seabourn Sojourn” had no plans to visit Falklands the 431 passengers on board have enjoyed a wide range of tours around the Islands after they anchored in Port William, just outside of Stanley Harbour on Friday at 9am.