News has recently arrived in the Falkland Islands of the death of former Governor, Mr. Ernest Gordon (Toby) Lewis. OBE, CMG, in London, at the age of 88.
An Argentine judge has ordered the arrest of former President Isabel Peron over the disappearance of a leftist activist while she ruled between 1974 and 1976.
The Bank of England raised Thursday UK interest rates to 5.25% from 5% in an effort to curb inflation and surprising analysts who were expecting the decision for next month.
The European Central Bank balancing growth against inflation held its key interest rate steady at 3.5% Thursday but is expected to keep a close eye on prices and economic momentum ahead of a possible increase in March.
Hundreds of bank clients in the Argentine city of Gualeguaychú suffered the effects of the ongoing battle of this city against the construction of pulp mills in neighboring Uruguay when bills with the inscription Oust Botnia were retained by cashiers.
United States on Thursday called on Brazil to exercise influence over its peers in the G-20 group of developing nations and try to achieve a breakthrough in the stalled Doha global trade talks.
An Indian rocket carrying an Argentine satellite as well as three others was launched to space Wednesday placing all four successfully in orbit.
Bolivian President Evo Morales renewed his pledge to nationalize his country's mining industry, saying he would complete the task this year.
The Office of the U.S. Trade Representative (USTR) announced this week that Chile has been elevated from its Watch List to its Priority Watch List for alleged failure to comply with U.S. standards for intellectual property rights protection. The USTR cited the software and pharmaceutical industries in Chile as presenting the greatest threats to American business interests.
Oil plunged Thursday to its lowest level price since May 2005, below 52 US dollars a barrel, following the continued steep rise in heating oil stocks in United States and a resumption of crude pumping top Europe by Russia.