The European Union Trade Commissioner openly accused “Argentina’s behaviour” as the main obstacle in discussions to advance and reach a free trade agreement with Mercosur.
One billion tourists have traveled the world in 2012, marking a new record for international tourism – a sector that accounts for one in every 12 jobs and 30% of the world’s services exports. On the symbolic arrival date of the one-billionth tourist, 13 December 2012, UNWTO revealed the actions tourists can take to ensure their trips benefit the people and places they visit, as voted by the public.
A Royal Navy warship used a routine logistical visit to Gibraltar on Wednesday to patrol British waters around the Rock. The highly unusual move came a day after an incursion by a Spanish Navy vessel and against the background of diplomatic tension between the UK and Spain over the waters row.
The British Government reaffirmed its commitment to trilateral dialogue, despite claims from Spain that London and Madrid would discuss the waters row on bilateral terms leaving Gibraltar aside. A spokesman for the Foreign & Commonwealth Office said trilateral dialogue was the only acceptable mechanism for “formal” talks about Gibraltar.
A Spanish warship made a two-hour incursion into Gibraltar waters on Monday evening, in a defiant response to Britain’s warnings to stay away. The incursion came just hours after the British Foreign Secretary, William Hague, told the House of Commons that Britain would take “a grave view” of any violation of British sovereignty in Gibraltar waters.
The Inter-American Development Bank (IDB) approved a credit program for Argentina of 6 billion dollars until 2015, destined to works in the region known as Norte Grande, and Greater Buenos Aires, the Economy Ministry stated in a communiqué.
A legal clause that is the key to smoothing future debt restructurings could be undermined by a US court ruling that Argentina must pay creditors holding its defaulted debt.
The US said “dangerous practices” at HSBC allowed the bank to pass money to “drug kingpins and rogue nations”, as it fined it 1.9 billion dollars. HSBC agreed the fine, the largest of its kind, earlier on Tuesday.
Latin America and the Caribbean will experience stronger economic growth, despite ongoing uncertainties at international level (particularly difficulties faced by Europe, the United States and China), according to new estimates released Tuesday in Santiago de Chile, by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).
Ushuaia tourism operators expressed concern and called for common sense to prevail after two major cruises finally decided this week not to call at in Argentine Tierra del Fuego after local authorities could not guarantee that the visiting vessels would not be exposed to the same intimidation tactics and delays experienced recently in Buenos Aires and earlier this year in the extreme south terminal because they include the Falkland Islands in their itineraries.