The BBC agreed to pay 185,000 pounds to a former treasurer of Britain's Conservative Party wrongly accused of child sex abuse as a result of one of its reports. The settlement came as media reports said one of the BBC's former stars had been arrested as part of an ongoing police investigation into sex crimes centred on the publicly funded broadcaster.
There was a marked escalation in the dispute over Gibraltar’s territorial waters as Britain and Spain both hardened their diplomatic stance in the wake of recent incursions.
More bad publicity for Argentina’s official Stats office, Indec: not only are the institution’s releases on inflation taken lightly or ignored by a majority of Argentines and openly questioned by the International Monetary Fund, now the head of the office was caught driving under the influence of alcohol.
Spanish President Mariano Rajoy stated that he “would have liked” his Argentine counterpart, President Cristina Fernández to have attended the XXIIth Ibero-American summit, starting Friday in Cádiz.
The XXII Ibero-American summit which takes off Friday in the city of Cadiz will be focused on the Euro zone crisis and the need to boost investments in Latin America of which Spain can become the “vertebrate axis” said Spanish Foreign minister Jose García Margallo.
Visiting Chilean president Sabastian Piñera and PM David Cameron reaffirmed the two countries long standing close relations, pledged to increase trade and acknowledged their views on the Falkland Islands and the coming referendum during a meeting on Thursday at 10 Downing Street.
The United Kingdom will continue to increase engagement with Latin America pledged Foreign Office Minister Hugo Swire during the official opening Thursday of the UK new embassy in El Salvador.
Falkland Islands fishing company Georgia Seafoods joined Scottish and English seafood producers to exhibit as part of the UK pavilion at the China Fisheries & Seafood Exposition held in Dalian, China last week.
By Hector Timerman - Foreign Minister Héctor Timerman underlined Argentina’s struggle against paying ‘vulture funds’ in an article written for US newspaper Huffington Post about how Latin American and Africa are affected by these funds.
BP Plc agreed on Thursday to plead guilty to a raft of charges in the deadly Gulf of Mexico spill and pay a record 4.5 billion dollars including the biggest criminal fine in United States history. Three BP employees were also charged, two of them with manslaughter.