
Argentina is planning to issue an estimated 15bn dollars in bonds, with which to pay the bondholders involved in years of litigation, and thus abandon its default situation which impedes it from having access to global money markets. The news was released by the Argentine Ministry of Finance.

The pound hit its lowest level against the dollar in almost seven years on concerns about a possible UK exit from the European Union. At one stage the pound was down as much as 2.4% at $1.4058, its lowest level since March 2009, before later recovering.

British Prime Minister David Cameron will face MPs later as he presents his case for the UK remaining within a reformed European Union. The PM will outline details of last week's deal with EU leaders, which paved the way for him to call a referendum on EU membership on 23 June.

Foreign minister Susana Malcorra said that analyzing the different scenarios in the UK regarding the Falklands/Malvinas sovereignty dispute, there is a horizon of possibility for Argentina to have a dialogue on the issue.

The Argentine government expressed its 'concern' to the UK over Defense minister Michael Fallon's visit to the Falkland Islands where he spent time with the military at MPA and met with Falklands elected government authorities and members of the community, according to media reports in Buenos Aires.

Pope Francis suggested that using artificial contraception may be morally acceptable in fighting the Zika virus. But the Argentine pontiff, speaking to reporters as he flew back to Rome from an exhausting visit to Mexico, categorically ruled out abortion as a response to Zika, comparing the practice to a “Mafia” killing.

Buenos Aires daily La Nacion dedicated its main Friday editorial to the Falklands/Malvinas dispute, (A change in the policy towards Malvinas), underlining the new Argentine government's position promoting bilateral relations on all issues with the UK, but never forgetting the 'deep difference' over the Islands.

Prime Minister David Cameron hailed on Friday a landmark special status deal for Britain in the EU, and pledged to campaign heart and soul to stay in the block in a historic referendum scheduled for June.

The judge presiding over a long-running battle between Argentina and a group of New York hedge funds said on Friday that he would lift an injunction that had locked Argentina out of international markets, if certain conditions are met.

The Executive Board of the International Monetary Fund (IMF) on Friday selected Christine Lagarde to serve as IMF Managing Director for a second five-year term starting on July 5, 2016. The Board’s decision was taken by consensus.