Germany's finance minister has warned Cyprus that its crisis-stricken banks may never be able to reopen if it rejects the terms of a bailout. Wolfgang Schaeuble said major Cypriot banks were insolvent if there are no emergency funds.
The UK has appointed ambassador to Paraguay as part of the current government’s plan to recover lost ground in Latinamerica. The British embassy in Asunción was closed in 2005 and has since had a non resident ambassador based in Buenos Aires.
Sailors onboard the South Atlantic patrol Royal Navy HMS Argyll saved the life of a Japanese fisherman who had suffered a serious head injury off the coast of Africa. Approximately 20 miles off the Cape Verde coast she received news that a fisherman onboard the trawler Wakashio Maru No 82 had been seriously hurt in an accident 24 hours earlier.
By Jimmy Burns (*) - This is the same President that has viewed Jorge Bergoglio as an opponent when he served as Cardinal Archbishop of Buenos Aires and has allowed her allies in the Argentine media to try and wreck his reputation by claiming, unjustly, he was complicit in the military regime’s dirty war.
The Organization of American States Secretary General Jose Miguel Insulza is sceptical about a possible mediation from Pope Francis between Argentina and the UK over the Falklands/Malvinas sovereignty dispute as was requested by President Cristina Fernandez.
Iranian Foreign Affairs minister Ali Akbar Salehi criticized Interpol for having stated that the existing red notices (international arrest warrants) on six Iranians suspected of involvement in the terrorist attack on a Buenos Aires Jewish organization remain active.
Muslim and Western nations late Friday overcame deep divisions to agree a landmark United Nations declaration setting out a code of conduct for combating violence against women and girls. Iran, Libya, Sudan and other Muslim nations ended threats to block the declaration and agreed to language stating that violence against women could not be justified by any custom, tradition or religious consideration.
Finance ministers from the Euro-zone have asked Cyprus to reduce the burden on small investors from a proposed levy on savings, linked to a bailout. Plans for a one-off tax of 6.75% on savings up to 100,000 Euros have outraged Cypriots.
Argentina’s tax agency formally accused the local unit of British banking giant HSBC Holdings Plc. of conspiracy to hide bank accounts, thereby helping private companies evade tax payments and launder money.
The United Kingdom played down the request made by Argentine President Cristina Fernández to Pope Francis to intervene in the Falklands/Malvinas Islands sovereignty dispute and recalled the recent referendum with an overwhelming support from Islanders to remain a British overseas territory.