DBRS rating agency from Canada upgraded on Wednesday its ratings on Argentina's long-term foreign and local currency securities to B from B (low). The trends have been revised to Stable.
The head of the Argentine Industrial Union (UIA), José Ignacio de Mendiguren, warned on Wednesday that Argentina “is starting to be affected” by the global financial crisis, furthering that the country “is not protected” against the situation.
The International Monetary Fund could buy Spanish or Italian bonds alongside the Euro zone bailout fund if needed, to help boost investor confidence in those countries, the IMF Europe head Antonio Borges said on Wednesday.
Britain will protect the people of the disputed Falkland Islands for as long as they want to remain British citizens, Defence Secretary Liam Fox said on Wednesday speaking at the annual conference of the ruling Conservative Party.
Brazil's ministry for women has called for a TV advertising campaign showing supermodel Gisele Bundchen in just her underwear and high heels to be banned
Last week Chile’s Institute of Public Health (ISP), together with Metropolitan Regional Health Secretary Rosa Oyarce, began taking samples from irrigation channels in western Santiago in relation to a recent upturn in cases of typhoid fever.
Student leaders, the opposition and several judges expressed outrage this week after Chilean President Sebastián Piñera proposed on Sunday to reform the Penal Code to impose harsher punishments on those involved in the occupation of schools and universities, newspaper La Tercera reported.
Palestinian Authority president Mahmud Abbas flew to Europe on Tuesday to kick off a week-long tour which will also take him to Latin America to shore up support for his UN membership bid.
Juan B Yoffre, an Argentine journalist, businessman and politician (he was Intelligence chief for two years with former President Carlos Menem) has written a book “1982” on the Falklands/Malvinas conflict where he reveals how the idea of the military invasion was secretly elaborated and implemented.
Venezuelan president Hugo Chavez seems to be fully active recovering the initiative impetus of his pre-chemotherapy treatment. On Monday he was on national television in a meeting with a business delegation from Byelorussia. Last Saturday he was seen giving away home appliances and in the evening chairing a cabinet meeting.