
Economy Minister Hernan Lorenzino described the appeal presented on Monday by Argentina against the ruling of New York Judge Thomas Griesa as “very forceful”, and pointed out that if the magistrate had proposed to treat hedge funds demands under the terms of the 2010 debt-swap, the Argentine congress might then address the option.

The European Union, United States and Japan presented a formal complaint before the World Trade Organization questioning the legitimacy of some measures adopted by Brazil to protect domestic manufacturing, particularly in the auto industry.

Argentine ambassador Alicia Castro rejected at the International Maritime Organization, IMO, British complaints on maritime security in Argentine waters and navigation obstacles for British and Falklands flagged vessels which access Argentine ports.

Spain's government rejected an offer of talks from armed Basque separatists ETA and demanded the group dissolve itself without conditions, after ETA called for negotiations on prisoners and a weapons handover.

Dairy farmers sprayed thousands of litres of fresh milk at the European Parliament in Brussels on Monday in protest at what they say are excessive milk quotas and prices below the cost of production.

The UK is pursuing actions through the European Union, the World Trade Organization and the International Maritime Organization following the latest intimidation incidents from Argentina against the Falkland Islands and which also involve interfering with the free passage of shipping and free trade.

One of BAE Systems' major shipyards could be closed, the company's UK chief, Nigel Whitehead, has said. He told the Sunday Telegraph a decision would be made by the end of the year.

FIFA has named the mascot for the 2014 Brazil World Cup Fuleco, a word which organisers say transmits a message of environmental awareness, Football plus ecology.

The Chicago Tribune, one of the leading Midwest US newspapers has been following closely the dispute in New York courts between the Argentine government and investment funds that are demanding full payment of sovereign bonds.

Mark Carney has been named as the new Bank of England governor, who will replace outgoing head Sir Mervyn King. The role of the governor is the most important unelected position in Britain, and is chosen by the British Government.