Argentina’s Ambassador to the United States, Jorge Argüello, assured on Monday that “Argentina will not pay the price for the financial irrationality of the North, and under no circumstances will tolerate the vulture funds’ blackmailing.”
The Argentine government will appeal on Monday the New York federal court ruling from Thomas Griesa which orders the country to pay 1.3billion dollars to the investment funds which held out from the (2005 and 2010) restructuring of the 2002 defaulted sovereign debt.
The Falklands referendum on March 10/11 is designed to simply ask the people of the Islands to state clearly their wishes regarding their political status, and this is supported by democratic practice, the UN guiding principle of self determination and even by Ban Ki-moon in recent reports in the Argentine press, said lawmaker Dick Sawle.
Following a six-year battle Chinese shoemaker giant Aokang Group Co Ltd won a lawsuit against the European Union's anti-dumping duties. The shoemaking has encouraged other Chinese manufacturers to challenge similar “unfair policies”.
Brazilian president Dilma Rousseff moved quickly and with no consideration for political allies ordered the dismissal on Saturday of all government officials allegedly involved in a bribery ring, including the country's deputy attorney general.
For the first time since 2002 Argentina is forecasted to end the tourism year with a negative balance totalling 2.3 billion dollars compared to a positive one of 304 million dollars in 2011, according to consultants Ecolatina.
Separatists in Spain's Catalonia won regional elections on Sunday but failed to get a resounding mandate for a referendum on independence, which had threatened to pile political uncertainty on top of Spain's economic woes.
A Brazilian magistrate described the wave of killings in Sao Paulo city as a ‘civil war’ between organized crime and unsupported police forces to which the local population is closing its eyes.
By Lord Hunt & Terry Townshend - We have learnt to expect surprises at UN climate change summits. At Durban, a year ago, there was the unexpected, but welcome, agreement to begin negotiations on a new legally binding instrument involving all major emitters of greenhouse gases, to be finalised by 2015, and to take effect in 2020.
Unasur special envoy Salomon Lerner said he returns to Peru with “a good impression” of the Paraguayan electoral process and the overall situation of the country.