Ahead of a week of intense diplomatic exchanges and on the Day of the Affirmation of the Argentine Rights Over the Malvinas, Islands and Antarctic Sector, the Argentine Government once again ratified its claim over the Islands’ sovereignty and questioned the UK over the “illegal exploitation of their natural resources” and the “increased militarization of the South Atlantic region.”
Spain is expected to ask the Euro zone for help with recapitalising its banks this weekend, sources in Brussels and Berlin said on Friday, becoming the fourth country to seek assistance since Europe's debt crisis began.
The latest opinion polls released ahead of France's parliamentary election on Sunday suggest President Francois Hollande will win a narrow but workable majority that depends on Green allies and hard leftists.
United Nation’s Food and Agriculture Organization (FAO) said global food prices dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar.
Argentina is rapidly becoming an expensive country for tourists and evidence of this is the declining number of tourists arriving in the country in the first months of the year while the number of Argentine travelling overseas is soaring, according to Mario Lielman, chair of the Buenos Aires Tourism and Travel Agencies Association.
Environment organizations meeting in Panama will demand the creation of a whales’ sanctuary in the south Atlantic and south Pacific, at the coming meeting of the International Whaling Commission.
Repsol, the Spanish oil producer whose Argentine unit YPF was nationalized in April, was cut to the lowest investment grade by Fitch Ratings, the first downgrade since reducing dividends to shore up its finances.
The Island of Guernsey's Bailiff is to visit the Falkland Islands to commemorate the 30th anniversary of the end of the conflict and the Islands' liberation.
The Bank of England has resisted injecting further emergency liquidity to the UK economy as optimism over finding a solution to the Euro zone debt crisis grew.
The Earl and Countess of Wessex – Prince Edward and Sophie - are visiting Gibraltar from Monday to Wednesday of next week as part of Her Majesty the Queen’s Diamond Jubilee celebrations.