
An international investigation published by the Spanish newspaper El Confidencial, with an extensive interactive report, describes how the expansion of Asian fishing fleets in international waters —mainly Chinese— has transformed the global market for frozen squid, with a direct impact on the European fleet and consequences for fishing in the South Atlantic, one of the main sources of income for the Falklands.

Argentine President Javier Milei will prioritize his domestic agenda in the coming days and will not travel to the United States for that country's Independence Day celebrations on July 4, official sources confirmed. The decision comes amid a reshaping of his cabinet following the departure of his cabinet chief, Manuel Adorni, and marks the second time in a matter of days that the president has set aside an international commitment to focus on domestic matters.

Argentina's country risk closed this week at 421 basis points, its lowest level in eight years, amid a strong recovery in dollar-denominated sovereign bonds driven by recent improvements in the country's credit rating. The indicator, compiled by the bank JP Morgan, reflects the premium Argentina must pay to borrow in dollars over US debt, considered risk-free.

The confirmation of right-wing Keiko Fujimori's victory in Peru's presidential runoff drew a wave of congratulations from leaders across the region, who framed the result within the shift to the right underway in several Latin American countries. With Fujimori's arrival in power, the right will add a new government, alongside those of Argentina, Ecuador, Chile, Paraguay and El Salvador, and the recent victory of Abelardo de la Espriella in Colombia.

Argentina's Economy Ministry on Monday completed the placement of the Bonar 2028 (AO28), a dollar-denominated bond under local law, raising most of the funds needed to face a maturity of around $4.2 billion with private debt holders due on July 9. In the second round of the auction, the Finance Secretariat awarded $100 million, thereby reaching the authorized cap of $2 billion for that instrument.

Argentina's request to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has reopened a question over its sovereignty claim to the Falklands, since the United Kingdom is a full member of that agreement. If it goes ahead, it would be the first trade pact of this magnitude, since the 1982 war, in which Argentina would share partner status with London outside traditional multilateral frameworks such as the United Nations or the World Trade Organization.

Argentine President Javier Milei will take part on Monday and Tuesday in the Mercosur summit of heads of state in Asunción, a meeting whose trade agenda —led by the agreement with the European Union— will coexist with open political tensions with Brazil that threaten to overshadow the bloc's progress. Paraguay's Foreign Minister, Rubén Ramírez, confirmed the presence of seven leaders, among them the presidents of Chile, José Antonio Kast, and Ecuador, Daniel Noboa.

The resignation of Manuel Adorni as cabinet chief of the Argentine government represents an attempt by President Javier Milei to close a political crisis that dominated the public agenda for more than four months, though analysts warn that the impact on the government's credibility will persist as the judicial investigation into the former official's alleged illicit enrichment advances. Adorni, who denies any act of corruption, submitted his resignation on Saturday in a letter released on the social network X.

The Falkland Islands Government has called on Canada to use the General Assembly of the Organization of American States (OAS), held this week in Panama, to publicly support the Islanders' right to self-determination. Last week, two members of the archipelago's Legislative Assembly traveled to Ottawa to meet with Global Affairs officials, members of parliament and senators, in search of support.

The internal distribution of export quotas under the trade agreement between Mercosur and the European Union will dominate much of the debate at the bloc's summit of heads of state, to be held on June 30 in Asunción, where Paraguay will hand over the six-month presidency to Uruguay. The meeting coincides with the 35th anniversary of the Treaty of Asunción, the bloc's founding charter.