
British Foreign Secretary Ed Miliband said on Tuesday that the people of the Falkland Islands “have a right to develop their natural resources as they see fit”, as he announced on X the British government’s measures to protect companies and individuals from Argentine sanctions.

The British government said on Tuesday that any provisional measures ordered by the International Tribunal for the Law of the Sea are binding and that the United Kingdom complies with its international obligations, on the same day Argentina asked that tribunal to halt the Sea Lion oil project in Falklands waters. In parallel, London announced it will use its protection of trading interests legislation to shield British companies from Argentine sanctions.

The International Monetary Fund has lowered its 2026 growth forecast for Latin America and the Caribbean to 2.3%, a tenth of a point less than in July, and sharply cut Argentina’s, from 3.5% to 2.1%. Chile and Uruguay are also among the region’s largest downward revisions, according to the World Economic Outlook presented on Monday in Bangkok, during the annual meetings of the Fund and the World Bank.

Iguazú National Park, in Argentina’s Misiones province, closed access to the falls’ walkways on Monday because of an exceptional rise in the Iguazú River, whose flow exceeded 12,000 cubic metres per second. The flood is part of an episode of heavy rainfall linked to El Niño that has also caused the Uruguay River to burst its banks, with evacuations on both sides.

Pope Leo XIV will undergo surgery in Rome this week to remove a lung nodule detected at an early stage, less than a month before the start of his first tour of South America, which will take him to Uruguay, Argentina and Peru from November 6 to 17. The Vatican has announced no changes to the trip.

The citizenship-by-investment programme launched by Javier Milei’s government, which allows foreigners to obtain Argentine nationality in exchange for a US$350,000 contribution to the Treasury or the purchase of a US$800,000 bond, faces challenges from constitutional lawyers and from the opposition, which is trying to block it in Congress.

The sanctions Argentina has imposed on companies involved in the Sea Lion oil project north of the Falklands target specific entities rather than entire corporate groups, so the subsidiary currently operating the field is not automatically covered, according to a legal analysis by specialist site Diplomacy & Law.

The two-week deadline Argentina gave the United Kingdom to halt the Sea Lion oil project in the North Falklands basin expires around October 12. Its expiry will not in itself suspend the project or establish a British breach of the United Nations Convention on the Law of the Sea, according to a legal analysis published by specialist site Diplomacy & Law.

Lionel Messi played his last match for Argentina on Tuesday, a friendly against Benin that ended 3-0 at Buenos Aires' Monumental stadium before more than 80,000 spectators. At 39, he closes a 21-year international career while consolidating a fortune that Forbes estimates at US$1.1 billion.

British Airways will operate a daily non-stop flight between London Heathrow and Buenos Aires from March 28, 2027, continuing on to Santiago, Chile. A direct route between the British and Argentine capitals has not operated since October 2023.