Argentina's newly nominated President finally announced what had been anticipated for months, a moratorium in the country's massive 132 billion US dollars debt, averting a political and institutional crisis that threatened to plunge Argentina in disarray.
Argentina's Mercosur partners expressed their solidarity with the incoming government but privately are following events closely, not only because of the effects of the moratorium in financial global markets, but since the situation is still, politically unresolved.
The British Prime Minister Tony Blair, has told the population of the Falkland Islands that the forthcoming 20th anniversary of the Falklands War should be approached, 'in the spirit of some reconciliation' (with Argentina).