After a day of fury and discussions with cabinet members, advisors and experts, Argentine president Cristina Fernandez will be sending a government delegation to New York to meet Judge Thomas Griesa and the hedge funds holdouts' solicitors and begin, hopefully, a round of negotiations to reach a settlement on the bonds litigation.
Spain's new king, Felipe VI, was sworn on Thursday in a relatively modest ceremony which monarchists hope will usher in a new era of popularity for the troubled royal household.
Uruguay has released a draft map of four ultra-deepwater and seven shallow-water blocks in the Punta del Este-Atlantic basin that will be on offer in the country’s third oil and gas bid round next year, officials said in Moscow this week, according to the oil and gas site Upstream.
The following piece by Charles Lane published in the The Washington Post offers an interesting debate about future bailouts and sovereign debt restructuring, following on Argentina's case.
Colombia and Brazil's presidents Juan Manuel Santos and Dilma Rousseff met in Brasilia to address regional and bilateral affairs and the possibility of closer links between the Pacific Alliance and Mercosur, which are naturally complementary and do not compete among themselves.
Uruguay's president Jose Mujica delivered a message from Barak Obama to Cuba's Raul Castro proposing the opening of dialogue to discuss the blockade, reported the Montevideo media on Thursday. The occasion was the recent G77 summit held in Bolivia.
Payment of bond service due on June 30 in New York has been made impossible by Wednesday's lifting of a stay by a U.S. federal court, Argentina's economy ministry said on Wednesday, in a move that appeared to push the country closer to default.
An Argentine prosecutor who was suspended for 'ill performance' in his investigation into the dealings of one of President Cristina Fernandez close business associates, received a massive support Wednesday evening from demonstrators who marched in downtown Buenos Aires to the Attorney General's Office.
The US Federal Reserve has cut its growth forecast for 2014 because of the harsh winter weather. The central bank is now predicting growth of between 2.1% and 2.3% for this year, down from its March forecast of 2.8% to 3%.
At least 85 hooligans mostly Chileans were given 72 hours to abandon Brazil following their arrests for having broken into the Maracaná stadium and destroyed most of the press centre. The incidents happened minutes before the Chile-Spain match in Rio do Janeiro on Wednesday when the South American team knocked out the reigning Cup kings.