
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.

Falkland Islander Krysteen Ormond (23) has completed the Commonwealth Youth Parliament 2012 with her interest in politics augmented and urges other young people to take advantage of the experience if the chance arises.

Italy's Silvio Berlusconi on Tuesday set the tone for his election campaign saying nobody should care about bond spreads, and accused Mario Monti of being too German-centric.

Former Managing Director of the Falkland Island Development Corporation, Julian Morris, now Executive Officer of Economic Development on St Helena, has been caught up in a tight schedule of meetings during his visit over the past week, to encourage Falklands’ business investment in St Helena.