
Brazil urged the World Bank on Wednesday to give proper consideration to developing country candidates to replace outgoing president Robert Zoellick and not just go with an American.

It took a couple of days but finally on Wednesday US State Department spokesperson Victoria Nuland said the US “has no concerns” about the alleged ‘militarization’ of the South Atlantic which was denounced by Argentina last week before the United Nations at three different levels.

Argentine President Cristina Fernández will make an official visit to Chile next month, amidst a power struggle as both Argentina and the UK struggle to gather support from the international community in the Falklands/Malvinas Islands controversy.

President Nicolas Sarkozy formally declared his candidacy for a second term on Wednesday seeking to overturn a wide poll lag with promises to get the unemployed back to work and use referendums to consult the French people on reforms.

Brazilian Foreign Minister Antonio Patriota and his visiting German counterpart Guido Westerwelle on Monday called for signing a free trade agreement between the European Union and the South American trade bloc Mercosur.

British lawmakers will visit the Falkland Islands next month in a move that is likely to heighten tensions between Britain and Argentina over the Islands, The Times reported on Wednesday.

Chilean president Sebastián Piñera received a surprise phone call at his summer residence on Tuesday afternoon from PM David Cameron who referred to the current Falklands dispute.

FIFA has asked Argentina's football leaders to explain reports that their league has been named after a naval ship sunk by British forces during the Falkland Islands conflict 30 years ago.

Rating agency Moody's announced on Tuesday it had downgraded six European nations including Italy, Spain and Portugal, citing growing risks from Europe's debt crisis, and warned it may cut the triple-A ratings of France, Britain and Austria.

The Argentine government confirmed on Tuesday through a letter sent by Foreign Minister Héctor Timerman to the United Nations (UN) General Assembly President, Nassir Abdulaziz Al-Nasser, that Argentina had accepted the mediation offer in order to find a pacific solution with the United Kingdom over the sovereignty of the Malvinas Islands.