In what promises to be a week of surprises as the Argentine government unfolds measures to contain the price of the US dollar, this Monday the peso held relatively stable after last week's sharp devaluation. While the official rate remained unchanged at 8.01 Pesos for a greenback, in the parallel market it climbed to 12.15 Pesos.
Brazil's current account ended 2013 at its widest deficit in 12 years amid a weakened foreign trade balance, heavy outgoing service payments, overseas profit remittances and an overall lack of confidence in the country's economic policies.
Argentine President Cristina Fernández used her personal Twitter account to blast figures in the banking and financial industries, which according to the head of state used speculative practices to send Argentina into default in 2001.
Mike Summers Member of the Legislative Assembly of the Falkland Islands will visit New Zealand and Australia this week as part of a regional tour where he will present the Falklands as a modern, thriving democracy and address the Falkland Islanders right to self determination. There are long-standing links between the countries, and this tour hopes to build upon existing relationships.
Unemployment among teens and young adults represents a huge global problem, says Muhtar Kent, CEO of Coca-Cola. In the United States, teenage unemployment totaled 20.2 percent in December and if the situation isn't addressed, the results could be devastating, the social peace and fabric of the world is in danger.
By Tim Cole - This week the CELAC Summit will be held in Havana and the Cuban government will be in charge of finalizing the language in the Summit declarations. Inevitably there will be one on the Falkland Islands and I suspect it will ignore the referendum held on the Islands last year when 99.8% voted in favor of the Islands remaining an Overseas Territory of the United Kingdom.
Three members of the UK Parliament will be arriving in the Falkland Islands next week for a short visit. Conservative party members Guy Opperman and Mark Menzies are accompanied by Labor Party member Yvonne Fovargue and arrive on January 30, departing on February 4.
Belize and Guatemala agreed at the headquarters of the Organization of American States on a Road Map and Plan of Action, which has as its main objective the strengthening of the bilateral relationship between the two countries during 2014 in order to make concrete the holding of popular consultations to enable the consideration of the territorial dispute before the International Court of Justice (ICJ).
The Spanish Government has “not taken any step back” in relation to its Gibraltar policy “but it has taken many steps forward”, the country’s foreign minister Jose Manuel Garcia Margallo has declared. Despite the issue having dropped profile in the news since recent weeks, it is an issue “permanently” on the Spanish agenda, the Spanish official told Onda Cero radio.
Venezuela decreed a new price control law that sets limits on company profits and establishes prison terms for those charged with hoarding or over-charging, part of populist President Nicolas Maduro's efforts to tame inflation.