The British Government is understood to be supporting a local Gibraltar–Campo (Spain) fishermen resolution to the recent spate of exchanges over fishing rights in British Gibraltar territorial Waters.
Venezuelan President Hugo Chavez will return to Cuba to begin radiation treatment for cancer on Sunday, but said he was in ‘good shape’ and would be back home in several days.
The amount spent to protect the Falkland Islands is to fall according to reports in the British media however the Ministry of Defense attributes the changes to ‘accounting policy’ and insists it has the capacity to repel any Argentine aggression of the Islands.
Uruguay’s economic growth slowed more than economists forecast in the fourth quarter as a refinery closure and the start of a drought trimmed a nine-year expansion; nevertheless the Central Bank said overall expansion in the twelve months of 2011 was “very good” in the current global context and just short of government’s target.
President Cristina Fernandez has finally declassified a scathing review of the mistakes made by Argentina's military junta in going to war with Britain in 1982 trying to recover the Falkland Islands.
Chinese manufacturing slumped for a fifth month in March and the Euro zone economy is showing new signs of wilting, according to surveys revealed this week that pointed to weakening global demand.
Cabinet Chief Oscar Valdes said that he is sure Peru and UK will be able to overcome a diplomatic rift caused by Lima’s last minute cancellation of a visit to the port of Callao this week of Britain’s HMS Montrose, a navy frigate that has been patrolling the South Atlantic and the Falkland Islands.
Argentina is having serious trade problems and Brazil “in a mature way” must try and help solve them said a top official from President Dilma Rousseff administration, who anticipated he would be travelling to Buenos Aires in coming weeks.
The US administration of President Barack Obama is loosing its patience with Argentina and in coming days is expected to finalize special tariff benefits for certain Argentine exports.
The United States has nominated a public health expert of South Korean origin as its candidate for the World Bank presidency, a job emerging market economies are contesting for the first time.