As the UK applies pressure on Mercosur countries so they allow the entry to vessels flying the Malvinas flag, Argentine ruling Victory Front lawmaker Carlos Kunkel said on Wednesday that Argentina “must be politically persistent while maintaining a constant defence” on its claims over the sovereignty of the islands.
The European Central Bank should ramp up its buying of troubled Euro zone debt to support Italy and prevent a “cataclysmic” collapse of the Euro, David Riley the head of sovereign ratings for Fitch, said on Wednesday.
Mitt Romney cemented his status as the Republican presidential front-runner on Tuesday with a win in the New Hampshire primary that left rivals fighting for a chance to derail his march to the nomination as the race moves south.
Argentine President Cristina Fernández is recovering much faster than anticipated from her thyroid surgery and on Wednesday actively discussed a range of government issues with Vice-President Amado Boudou and Cabinet Chief Juan Manuel Abal Medina, amongst others.
Greece is nearing an agreement with private-sector bond holders on a debt swap crucial to a second bailout package for Athens, the European Union's top economic official said on Tuesday.
The fleet of vertical take-off Harrier aircraft, a crucial weapon in the 1982 Falkland Islands conflict has been sold to support the US Marine Corps in a deal worth £110m, reports the British press.
Argentina will impose new restrictions on consumer goods’ imports, according to a resolution from the Revenue Office published this week in the Official Gazette and effective next February first.
Spanish president Mariano Rajoy said that Latin America is a “top priority” of his administration’s foreign policy and his target is to have the “best possible” relations with the Ibero-American community.
European Union governments agreed Tuesday to bring forward a meeting of foreign ministers expected to decide on an oil embargo on Iran by one week to January 23. In its statement confirming the date, the EU said the decision to bring it forward from January 30 was taken to avoid a scheduling clash with a summit of EU leaders set for that day.
A leading Brazilian economist Edmar Bacha, one of the architects behind the 1994 Plan Real to stabilize Latin America’s largest economy said the country was at risk of becoming entirely dependent on natural resources exports and urged greater savings to invest in diversification.