
Following on an initiative from the standing Bureau of the United Nations Special Committee on Decolonization, Argentina's Secretary Related to Malvinas and other South Atlantic Islands Affairs, Daniel Filmus held a meeting with its members on Tuesday at UN headquarters in New York.

The Brazilian government is determined to advance with negotiations for a trade agreement between Mercosur and the European Union even if it means leaving Argentina for a second phase of the process, according to sources from Itamaraty, the country's foreign ministry, reported in the Rio do Janeiro media.

Paul Singer, head of Elliot Management Corp., defined as “bizarre”, the bondholders’ offer to resolve judicially the dispute with Argentina over the debt in default from 2001, during in a letter sent to investors and published by Bloomberg News.

The US Federal Reserve announced a $10bn reduction in its monthly bond purchases from 75bn to 65bn in the second straight month of winding down stimulus efforts. The central bank had been buying bonds in an effort to keep interest rates low and stimulate growth.

The New York Times published on Wednesday a very strong editorial criticizing the misguided policies of the government of President Cristina Fernandez, arguing that once again 'Argentina is on the brink”.

Monetary policy tightening in advanced economies will cause volatility in international markets this year and impact the monetary situation of some emerging economies, IMF Managing Director Christine Lagarde cautioned on Wednesday.

Paul Singer, CEO of hedge fund Elliott Management Corporation and who is litigating Argentina demanding full payment of defaulted bonds described Argentina's government policies as 'horrendous' and stated that 'talking' he could settle the dispute 'in an afternoon'.

A Brazil assistant coach says it is “a joke” that the country’s government took so long to begin the infrastructure work needed for this year’s World Cup which is scheduled to begin in June.

HMS Portland has called into the Portuguese capital, the first stop of her Atlantic deployment that will take her to the Falkland Islands, South Georgia.

The third annual Anglo-Colombian Strategic Defense Conference was held this week onboard HMS Richmond in Cartagena. The Portsmouth based type 23 returning from her Atlantic deployment also supported Defense and Security Industry Day while alongside in the Colombian port.