He is one of the last people Gibraltar – less still the Falkland Islands – would have hoped to have seen nominated. Jorge Argüello, Permanent Representative of Argentina to the United Nations, is the new chairman of the Fourth Committee, the Special Political and Decolonization Committee. He is set to be addressed in a fortnight's time by both Chief Minister Peter Caruana and Opposition Leader Joe Bossano.
The United Nations, which currently deploys some 110,000 personnel in 18 peace operations worldwide at a price tag of 7.2 billion US dollars, remains the most cost-effective option for global peacekeeping, the senior official leading those efforts said this week.
Gordon Brown has pledged to clean up the financial system following the rescue of Britain's biggest mortgage lender HBOS by Lloyds TSB. The prime minister said he had taken quick action to maintain the stability of the financial system.
United States officials said they will hammer out a comprehensive plan to ease what has become a global financial crisis. US Treasury Secretary Henry Paulson said after meeting members of Congress that legislation would be required to help rid US banks of their bad assets.
Argentina's Army Commander General Roberto Bendini has lost his job for alleged corruption actions which took place between 2003 and 2004. When the judicial probe and indictment were announced on Thursday, the General presented his request for early retirement to Defence Secretary Nilda Garré.
Headlines: Yomping and rocking for life; Accounting blunder leaves Landholdings short of cash; Happy birthday Clyde.
Bill Gates remains the richest man in the United States with 57 billion US dollars in assets despite losing his crown to Warren Buffett for a few months earlier this year according to the latest The Forbes 400 billionaires.
Latinamerica is well positioned to face risks in the event of a global financial recession, according to the World Bank vicepresident for Latinamerica and the Caribbean, Pamela Cox who this week visited Uruguay.
Russia will send a high-level delegation to the OPEC meeting in Algeria on December Energy Minister Sergei Shatko said on Friday.
Spain will try to persuade jobless legal immigrants to leave by offering to pay them a lump sum and then provide unemployment benefits in their home countries plus the promise of not returning to Spain for three years, the government said on Friday.