Rating agency Moody's changed to negative the rating outlook on 30 rated Argentine financial institutions on Thursday. Moody's cut the outlook to negative from stable, as a reflection of the outlook change on the country announced last week.Moody's rates Argentina at B3, six levels into junk territory.
The Falkland Islands Government (FIG) have announced a new price control mechanism to regulate the prices of regulated retail services provided by Cable & Wireless South Atlantic under their exclusive licence to the general public and businesses in the Falklands
Venezuela will hike the amount of oil it is sending to India's Reliance Industries and signed a new 15-year supply contract with the company, Oil Minister Rafael Ramirez announced this week.
Venezuela’s Bolivarian Armed Forces, FANB, said they are committed to respect “the decision of the people” in the coming presidential election of 7 October but at the same time demanded respect for the institution.
Paraguayan president Federico Franco accused the Venezuelan regime of Hugo Chavez of ‘direct and malicious’ involvement in his country’s affairs in support of a ‘terrorist and criminal’ gang, the Popular Army of Paraguay, EPP, which has committed kidnappings, assaults and killings.
Chilean president Sebastián Piñera promulgated on Wednesday the education review bill which besides increasing funding by a billion dollars reduces from 6% to 2% the interest rate on loans for students to finance their university fees.
British Prime Minister David Cameron arrived in Brazil on Thursday to promote UK business and capitalise on the success of the summer Olympic games. Cameron first stop was Sao Paulo where he arrived with a 58-strong business delegation and opened a new £60m JCB factory.
There can be no negotiations on the sovereignty of the Falkland Islands unless and until such time as the Islanders so wish was the official reply from the UK to remarks made by Argentine president Cristina Fernandez during her speech on Tuesday before the UN General Assembly.