
Latin American and Caribbean migrants sent 61 billion dollars in remittances to their home countries last year, up 6% from 57.6 billion in 2010, according to a report released today by the Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank group.

The Vatican on Friday sought to explain its presence for the first time on a US list of countries that are a potential hub for money laundering, saying it was only natural to be included given its recent efforts to conform to international standards.

The UK Foreign Office informed on Friday that John Freeman has been appointed new Ambassador to Argentina to replace outgoing Ambassador Shan Morgan, who has held the post since 2008.

The European Central Bank downed its Euro zone growth forecast after holding interest rates at record lows on Thursday, and said things would have been much worse without its dramatic action to pump a trillion Euros into the banking system.

The custodianship of the Royal Navy's oldest commissioned warship HMS Victory is to be transferred from the MOD to a charitable trust. The 18th century warship based at the Historic Dockyard in Portsmouth will now be maintained by the HMS Victory Preservation Trust, established as part of the National Museum of the Royal Navy.

Economic growth in Latin America should speed to 4.5% in 2013 thanks to monetary stimulus and steadier global conditions, raising the risk of policy complacency, the Institute of International Finance said on Thursday.

Providence, RI. - The International Association of Antarctica Tour Operators (IAATO) yesterday announced the appointment of South African environmentalist Claudia “Clouds” Holgate to the part-time position of Environmental Operations Assistant.

By Robert Cox (*) - Charleston, South Carolina - The misbegotten war over the Islands that need not be named has reversed the concept that war is a continuation of politics or diplomacy by other means. The conflict continues in political and diplomatic terms in Argentina and in Britain. Lost in the clamour is the key to the solution: the interests of the native Islanders.

Brazil has become the sixth-biggest economy in the world, the country's finance minister announced. The National Institute of Economic and Social Research (NIESR) and other economic forecasters also said that Brazil had now overtaken the UK.

In his memoirs, former UK Defence Secretary Sir John Nott describes France as Britain's greatest ally during the Falklands War. However, formerly secret papers and other evidence seen by the BBC show that was not the full story. Before the war, France sold Argentina's military junta five Exocet missiles.