Spain and Portugal sought help from their former Latin American colonies to rescue them from economic crisis through a new wave of trade and investment across the Atlantic Ocean.
A top official from St Helena will be visiting the Falkland Islands next month to explore ways that the governments of the two British Overseas Territories can collaborate and looking ahead to when the mid Atlantic volcanic island will have an international airport.
Argentine farmers will increase soy planting by almost 4% following a year of bad global crop weather. In the first soybean area estimate of the 2012/13 season, the Argentine Agriculture Ministry said 19.4 million hectares will be sown in the weeks ahead compared to 18.7 million hectares in 2011/12.
Argentina announced on Friday that the International Tribunal for the Law of the Sea proposed November 29 and 30 as the days to hold the hearings between Argentina and Ghana over the seizure of the ARA Libertad Frigate at Ghana's Tema Port.
The Argentine Navy said that repair works in the corvette ARA Espora, which has been stranded in South Africa for over five weeks “are 65% completed” and denied there were any debts pending with the German company that is responsible for the maintenance of the MEKO class corvettes as was reported earlier in the Buenos Aires press.
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.