A jump in fuel prices pushed the United States March retail prices index to its highest in twelve months, 0.6%. However the good news is that core inflation which excludes energy and food costs rose by 0.1%, down from 0.2% in February and 0.3% in January.
South American leaders meeting in Venezuela for the first regional energy summit agreed on Tuesday a declaration that includes traditional and alternative fuels, such as ethanol, plus the creation of the South American Energy Council to follow up hemispheric energy related agreements.
More than twenty Malvinas war veterans from the Argentine northern province of Corrientes with the support from the local Human Rights Office have gone to court claiming human rights abuses and even killings by their own officers during the armed 1982 conflict between Argentina and Great Britain.
The British pound hit a 14-year high of 1.9938 against the dollar, with many experts believing it will break through the 2 dollars benchmark in the next few days.
The New York Times has called for the dismissal of World Bank President Paul Wolfowitz who is entangled in a scandal over securing a huge pay raise awarded to a close female friend.
Argentine icebreaker Almirante Irizar which caught fire last Tuesday in the South Atlantic remained on Monday anchored 140 miles off Puerto Madryn waiting for an improvement in weather conditions so she can be towed to Puerto Belgrano.
The Falkland Islands Fisheries Department has been preparing its case for the continued allowance of controlled trawling on the high seas.
Venezuelan president Hugo Chavez apologized on Sunday to Chilean leader Michelle Bachelet following his harsh criticism of the Chilean Senate, bunch of fascists for having sponsored a statement against the arbitrary closure of a Venezuelan opposition broadcasting and television station.
Ecuadorian President Rafael Correa achieved a solid political victory following the landslide support in Sunday's referendum to call a constitutional assembly with full powers to review the chart and set the foundations for a new model of country.
With receptive tourism agencies in Stanley reporting excellent results for the 2006/7 season just finished and a higher than normal level of advance bookings, it looks as if the 25th anniversary of the Falklands War is having a positive effect on local tourism.