The administration of president Mauricio Macri overcame a first hurdle in the Argentine congress to have its debt normalization bill approved, which should help bring to an end years of litigation with the holdout funds and open access to global money markets in normal conditions.
Beijing made a formal complaint to Argentina and expressed 'great concern' regarding the incident in which a Chinese flagged jigger caught red-handed fishing in the country's EEZ was fired at and sank on Tuesday. Chinese authorities also requested an “immediate inquest” into the procedure of the Argentine Coast Guard in the sinking of the vessel Lu Yuan Yu10.
The Organization of American States (OAS) and the Government of the Dominican Republic signed formal agreements by which the hemispheric institution will send an Electoral Observation Mission (EOM) to the general elections of May 15, which will be headed by the former President of Colombia, Andrés Pastrana.
Minister of State Rt Hon Hugo Swire MP blogs on the importance of the Commonwealth following his visit to New Zealand and Canada.Sometimes the Commonwealth is seen as a relic of the past. I argue passionately that it is nothing of the sort. The test is always the same – would we invent the Commonwealth today? The answer is that we would. It is an important organisation for the present and the future.
Argentina's coast guard has sunk a Chinese flagged jigger that was fishing illegally within its territorial waters, the coast guard said on Tuesday, marking a first test for relations between President Mauricio Macri and Beijing.In a high-seas chase, a coast guard vessel pursued the fishing vessel Lu Yan Yuan Yu 010 toward international waters, firing warning shots across the Chinese boat's bow as it attempted to raise the crew by radio.
Former Brazilian leader Lula da Silva has accepted a key ministerial role in President Dilma Rousseff's government, leading media in Sao Paulo have reported. Members of the governing Workers' Party say his appointment will strengthen her beleaguered administration. In becoming a minister, Lula will also have some legal protection. Allegedly the two are to meet on Tuesday in Brasilia.
Indonesian authorities on Monday bombed the last major ship internationally wanted for years of illegally taking toothfish from southern waters, reiterating a strong message to would-be poachers who enter the country's waters.
People of the Commonwealth should support those in need and others who feel excluded, the Queen said in her annual message to the association, which is focused on inclusivity. She said helping those less fortunate would be a way of embodying this year's Commonwealth theme of inclusivity.
By Joshua Peck - The number of cruise passengers visiting the Falkland Islands is projected to increase for the third season in a row. Each tourist season, lasting from October to March, sees numerous cruise vessels arrive in the Falklands, with passengers typically disembarking for a single day onshore. The last cruise vessel for the current season is scheduled to arrive on 31st March.
February’s inflation in Argentina reached 4.8% and has accumulated 33.9% in the last twelve months, according to the so called congressional inflation index released laast week. But Finance minister Alfonso Prat-Gay from Chile anticipated that consumer prices will fall to nearly 1% during the second quarter.