New York judge Thomas Griesa on Wednesday barred Euroclear, the giant Belgium-based financial clearing and settlement house, from processing any debt payments by Argentina. In the newest step tightening Buenos Aires' avenues for avoiding paying off hedge funds on their bonds, Griesa forbade Euroclear from processing any payments received from any source in respect to Argentine bonds.
The Falkland Islands elected Legislative Assembly welcomed the statement of Secretary of Defense before the House of Commons and said it was reassuring that the UK government remains committed to the defense of the Islands, and equally significant the strong support received by the secretary from members of Parliament.
The Falkland Islands has released two new documents, the Islands State of the Economy and on income needed to comfortably cover all of a household's expenses. The Falklands enjoys one of the highest standards of living in the Americas with low inflation and virtually full employment.
Hundreds turned out in the western German town of Haltern am See to mourn 16 students and two teachers lost in Tuesday’s Germanwings crash in the French Alps. The Airbus A320 crashed en route to Dusseldorf from Barcelona, likely killing all 150 on board, in what would be the worst air accident on French soil in three decades. Spain declared three days of national mourning.
Germanwings tragedy in which 150 people were killed happened strikingly close to another French Alps air disaster, more than half a century ago. The air crash in 1953 unfolded only one kilometer away in the rocky summits of the mountain range of very difficult access.
The Obama administration has again invited Brazil's President Dilma Rousseff for a state visit to Washington, a diplomatic breakthrough that both sides hope will lead over time to greater trade between the two biggest economies in the Americas.
The New York Court of Appeals has decided to push back its decision on Argentina for another week, as the Cristina Fernandez administration seeks to overturn the contempt ruling imposed by judge Thomas Griesa in the ongoing conflict against holdout investors.
The Falkland Islands economy has witnessed impressive, although volatile, growth in recent years with unemployment rates low enough to be the envy of most countries in the world and the government is free of debt, according to the latest State of the Economy released by the Falklands Policy Unit.
Human rights, political and social organizations commemorated on Tuesday 24 March the 29th anniversary of the military dictatorship that killed anywhere from 9.000 to 30,000 people, marking the beginning of one the darkest period in Argentina's modern history.
The government of President Cristina Fernandez accused the United Kingdom of using an alleged Argentine threat to the Falkland/Malvinas Islands in order to boost its military budget, while also claiming that the archipelago has been turned into an electoral campaign issue.