Argentina ratified Tuesday its ‘imprescriptible” sovereignty rights over the Malvinas, South Georgia, South Sandwich Islands and adjoining maritime spaces and blasted the UK for not abiding by UN resolutions calling for bilateral talks.
Denmark has assumed the presidency of the European Union as the 27-member bloc continues efforts to tackle the crisis ravaging the continent. Prime Minister Helle Thorning-Schmidt has said Denmark aspires to strengthen the EU in a difficult time.
Brazil is moving into an ‘era of prosperity’ characterized by ‘income distribution and a notorious drop in inequalities” said President Dilma Rousseff in her first 2012 radio edition of ‘Enjoying coffee with the President’, where she also dared to use the word ‘protection’ in reference to jobs and the domestic market.
Brazil's 2011 trade surplus soared 47.8% to nearly 30 billion dollars, compared with the previous year, the highest since 2007, with record exports and imports, official data showed Monday.
Uruguay’s trade deficit soared to 549 million dollars in 2011 because of an increase in imports of 23.6%, far ahead of exports rise, 18.1%, according to the Uruguayan government foreign trade institute Uruguay XXI.
Venezuela's PDVSA said on Monday it will pay Exxon Mobil Corp 255 million dollars in compensation for nationalized assets, which is less than a third of what the US oil giant said it was awarded by an arbitration panel.
After spending New Year’s Eve with her family, Argentine President Cristina Fernández returned to Buenos Aires Monday midday from El Calafate, Santa Cruz province, less than 48 hours before she undergoes surgery for a thyroid gland carcinoma.
The UK BAE Systems has signed a deal with the Brazilian Navy to supply it with three patrol vessels. The contract is worth £133m.
The fire that broke out in the Chilean Patagonia Torres del Paine national park forest is under control due to the effort of hundreds of fire-fighters and improved climatic conditions, Chilean President Sebastián Piñera announced Monday afternoon.
The Israeli citizen accused of having caused the fire denied his involvement.
Uruguayan president Jose Mujica said he promotes good relations with the entire world but he is well aware of the significance of neighbouring Argentina for the Uruguayan economy and that “we must jump into the stirrup of Brazil”.