British Airways announced it is exploring a potential merger with the Australian flag-carrier Qantas Airways. However BA warned there was no guarantee that any transaction will be forthcoming.
Argentine top model Vanesa Carbone cat-walked topless in front of the Japanese embassy in Santiago de Chile to protest Japan's indiscriminate whale hunting and the use of animal skins in human clothing.
Uruguay's economic team announced on Wednesday the government's estimates for the next twelve months admitting that the world recession will reach the country but growth rate in 2009 will be in the range of 3%, above the average of the last fifty years.
Argentina announced an 80 million US dollars support plan for the fishing industry to help pre finance exports with a special credit line from Banco Nacion which acts as a development bank.
The Panamanian flagged cruise vessel Ciudad de Ushuaia, with 122 people on board, called for help Thursday after getting stuck in the ice, suffering a fuel leak and letting in a minimal amount of water, the Argentine Navy said in Buenos Aires.
The new British ambassador in Argentina presented her credentials on Wednesday to Foreign Affairs minister Jorge Taiana and simultaneously published an open letter in the embassy's site saying how privileged she was to be in Buenos Aires underscoring the many coincidences between UK and Argentina. Her message included an implicit message on Falklands there are differences of policy and opinion between the UK and Argentina on some important matters.
The five species of breeding penguins in the Falkland Islands will soon be winging their way through letter boxes, appearing on a new issue of postage stamps – Breeding Penguins – which were released this week by the Falkland Islands Post Office.
The Bank of England cut interest rates on Thursday by one percentage point, from 3% to 2% - the lowest level since 1951. The move, which followed a dramatic cut in November, has been welcomed by many commentators who said the cut should help the slowing economy.
United Kingdom's Home Secretary Jacqui Smith has defended the decision to call in the police to investigate leaks from the Home Office. In a Commons statement, Mrs Smith again insisted she had no prior knowledge that Tory frontbencher Damian Green was about to be arrested in connection with the inquiry.
European Central Bank President Jean Claude Trichet said on Thursday cutting interest rates too low or too fast could leave policy makers with few options to respond to a deepening recession.