Argentina President Cristina Fernandez de Kirchner, CFK, cancelled a trip to China and called for a congressional committee to meet in an attempt to defuse the controversy over her plans to use Central bank reserves to pay for debts.
A Scottish Falklands’ veteran is to recreate the paratroops' famous march to Port Stanley in a bid to raise funds for an armed forces charity. Ex-para Tony Banks, who is from Dundee and has built up a £60m care home business, wants to raise more than £10,000 for Combat Stress.
Bolivian president Evo Morales will be inaugurated Friday before Congress for a second mandate (2010/2015) after having achieved an overwhelming victory in December elections (64% of the vote) ensuring him majority control of both houses.
World stock markets have fallen sharply in response to far-reaching plans by US President Barack Obama to curb the activities of the biggest US banks. The Dow Jones closed down 2%, its worst fall since October, while Japan's Nikkei closed at a three-week low.
Oil company Repsol YPF is studying the impact on its hydrocarbon reserves accounting as a consequence of a change in Bolivian law, but has not made a decision on whether to lower its reserves, a spokesman for Spanish firm confirmed this week in Madrid.