Argentine Defence minister Nilda Garré announced on Monday that the funds to begin repairs on the Navy's ice breaker Almirante Irizar, ravaged by fire last April, have been made available following the completion of a survey on the extent of the damages suffered.
Argentine president Cristina Fernandez de Kirchner called on all Latinamerican countries to ratify their commitment to peace in the eve of her long planned Wednesday trip to Venezuela, which together with Ecuador have militarized their borders following an incursion by Colombian forces in Ecuadorian territory to kill a FARC rebel leader.
The killing of Raul Reyes, spokesperson and second in command of the Colombian FARC guerrillas, during an incursion by Colombian troops in Ecuador, is a serious blow to the possibilities of a humanitarian exchange and to a political solution to the conflict said the rebel group in a message released on Tuesday.
Mining giant BHP Billiton is talking to an important group of banks for a record 55 billion US dollars loan to back its hostile bid for rival Rio Tinto, it was revealed on Tuesday by banking sources.
The chairman of the US Federal Reserve, Ben Bernanke, has said more should be done to prevent homeowners facing foreclosures unnecessarily. Bernanke warned there had been a 50% rise in foreclosures in 2007 to one and a half million, and this is expected to worsen as mortgage repayments rise.
The Fed chairman told a meeting of US bankers that the situation called for a vigorous response. This would help communities and the wider economy, he said.
Country members from the Organization of American States, OAS, were unable to reach a statement on the Ecuador/Colombia incident forcing the Permanent Council to suspend the emergency session until mid day Wednesday.
Falkland Islands Holdings PLC (FIH) said it has acquired art logistics and storage company Momart International Ltd for £10.27 million, of which £ 7.78 million is payable in cash and the remaining through the issue of 582,666 shares.
The Permanent Council of the Organization of American States (OAS) on Wednesday approved a resolution stating Colombia violated Ecuador's sovereignty with a cross-border raid to kill a leftist rebel over the weekend.
A farm worker has become the first person diagnosed in Argentina with yellow fever in forty years since the recent outbreak of the mosquito-transmitted disease in neighboring Paraguay, Brazil and Bolivia, confirmed Argentine Health ministry authorities.
Starting this week Chile's Center for Cetacean Conservation is sponsoring the first celebration of the Week of the Blue Whale in Ancud, on island of Chiloé. The event is part of an international program in which over 400 coastal communities around the world mark the seasonal visits of various whale species.