Britain has irritated Argentina by announcing a new constitution that shares more powers with the people of the Falkland Islands and enshrines the right to self-determination.
US president-elect Barack Obama, vowed on Friday to confront the current economic crisis head on in his first news conference since his victory in Tuesday's election.
Argentina's lower house approved President Cristina Fernandez de Kirchner's controversial plan to nationalize an estimated 30 billion US dollars in private pensions, a proposal that raised concern of a default and has further divided the ruling party.
The Falkland Islands Government (FIG) welcomed the new Constitution for the Islands which provides enhanced local democracy and internal self-government and enshrines the right of self-determination.
Brazil's Lula da Silva on Saturday demanded that major reforms of the international financial system include strong input from large emerging nations and said the collapse of modern banking structures is victimizing the world's poor.
Headlines: Top dog Leo in drugs bust; New Constitution approved by Her Majesty the Queen; Fuel prices not set to fall.
US President-elect Barack Obama needs to act swiftly to solve the economic crisis said Brazilian leader Lula da Silva speaking Thursday before the country's Economic Development Council in Brasilia.
US President-elect Barack Obama has appointed a team of high-level advisers including billionaire investor Warren Buffett and Google chief executive Eric Schmidt to guide his thoughts on the economy ahead of taking office on January 20.
Royal Navy warship HMS Iron Duke on deployment in the South Atlantic is scheduled to arrive Friday in the Falkland Islands capital, Port Stanley to participate in the Islands Remembrance Service to be held on Sunday.
Argentina sharply criticised on Thursday Britain's approval of a new constitution for the disputed Falkland Islands, saying it had lodged a formal complaint with London for which is had summoned UK's Chargé d'Affairs in Buenos Aires.