
Foreign Secretary William Hague during a major speech on foreign policy in Brazil said that the UK will always uphold sovereignty over the Falkland Islands and the rights of the Islanders to self determination.

Britain nowadays is not a colonialist country and Argentina should leave the Falkland and its people in peace and respect their right to self determination, said Falklands elected member of the Legislative Assembly Dick Sawle quoted in the Argentine media.

Foreign Minister Héctor Timerman assured that Argentina’s strategy on the Malvinas Islands sovereignty claim “is working” and added that “the only way for England to get out of this mess is through direct negotiations with Argentina.”

HRH Prince Harry will visit Brazil in March, Foreign Secretary William Hague confirmed on Thursday. Hague is currently on a two-day visit to Brazil and made the announcement during a press conference next to Sérgio Cabral, Governor of Rio de Janeiro.

Argentina’s acting president and Vice-President Amado Boudou praised the immediate support expressed by several countries in the region in the bilateral conflict between Argentina and the United Kingdom over the Falklands/Malvinas Islands sovereignty.

A British newspaper revealed that the UK Prime Minister’s accusations of ‘colonialism’ against Argentina came after being warned that “Buenos Aires was plotting a mock fishermen’s invasion” of the Falkland Islands.

The World Bank warned developing countries today to prepare for the real risk that an escalation in the Euro area debt crisis could tip the world into a slump on a par with the global downturn in 2008/09.

The International Monetary Fund is seeking to boost its war chest by 600 billion dollars to help countries reeling from the Euro zone debt crisis, but some nations insist Europe must first do more to support its ailing members, international financial sources said on Wednesday.

Argentine Foreign Minister Héctor Timerman echoed the statements made by UK’s Prime Minister David Cameron in which he accused Argentina of colonialism, and counter attacked by saying that “it catches one’s attention to hear such statements when Great Britain and Colonialism are synonymous.”

Britain's Foreign Secretary William Hague praised Brazil's growing economic and political power as he opened two days of talks with the country's leaders, and also assured that British policy on the Falkland Islands will not change despite pressure from Argentina.