On the eve of the 176th anniversary of the illegitimate occupation of the Islas Malvinas by the United Kingdom (January 3rd.) the administration of President Cristina Fernandez de Kirchner issued a statement emphasizing Argentina's sovereignty claims over the South Atlantic archipelago and described as unjustified the British negative to address the question.
In spite of a record year of exports, Brazil's 2008 trade surplus reached 24.7 billion US dollars which is a significant 38% descent compared to the previous year when it totalled more than 40 billion US dollars.