Fitch ratings on the last day of October downgraded Argentina's Par bonds issued under Foreign Law to 'D' from 'C', after the country failed to complete an interest payment, raising the risk that creditors could demand that its cash-strapped government immediately repay all of its debt.
The Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR) has again failed to agree to protect key areas in the Ross Sea and East Antarctica at its annual meeting in Hobart due to blocking by China and Russia. The partners of the Antarctic Ocean Alliance (AOA) said that this failure to reach consensus for the fourth time calls into question CCAMLR’s ability to deliver on its conservation commitments.
The BBC has refused to apologize to Argentina over a Top Gear special filmed in the country. The show's stars and crew had to abandon filming last month amid angry protests over a car number-plate that appeared to refer to the Falkland Islands War.