
The Belgian Supreme Court threw out an attempt by hedge funds to seize Argentina’s diplomatic accounts in that country, according to a release on Monday from the Argentine Foreign ministry.

The board of directors of the International Monetary Fund will again meet at the end of January to debate Argentina’s improvement in the quality of its official economic index, IMF spokesman announced on Monday.

The Argentine Foreign Ministry announced on Monday that President Cristina Fernández has decided to appoint Cecilia Nahón as Argentine ambassador to the United States, replacing Jorge Arguello in Washington DC.

Brazil ranks near the bottom among fourteen emerging powers in terms of competitiveness, due to high capital and labor costs as well as inadequate infrastructure, according to a study commissioned by the National Confederation of Industry (CNI) and published by the Folha de Sao Paulo daily.

“Once more we fulfill our promise, the Frigate is coming back,” was the first statement given by President Cristina Fernández over the ruling of the UN's International Tribunal for the Law of the Sea to release the ARA Libertad frigate.

The Ghanaian government indicated on Sunday that it will review the recent ruling by the International Court for the Law of the Sea ordering the African nation to release the Argentine Navy Libertad frigate, which remains impounded there since October 2.

The third phase of explosive ordnance and landmine clearance in the Falkland Islands is scheduled to begin next January and extend until March 2013 and is programmed to concentrate in the surrounding of the capital Stanley.

Argentina slapped a 30 million Peso (6 million dollars) fine on a local subsidiary of global banking giant HSBC for failing to report suspicious transactions, authorities here said Sunday.

Chinese authorities quarantined two containers holding corn from Argentina, after detecting genetically modified strains that had not been approved beforehand, alleged the Chinese buyer.

Argentina made payments of over 3.5 billion dollars on Friday in GDP-linked bonds which refer to the 2005 and 2010 rescheduling agreed with creditors who originally held 2001/02 defaulted sovereign bonds. At the same bank the Central bank revealed that international reserves have fallen to its lowest since 2007.