
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.

Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA were among 15 Spain-based financial firms downgraded by Standard & Poor's after the credit-ratings company reduced the nation's grade last month.

China's exports fell in January the first decline in more than two years, raising fresh concerns about the impact of a global slowdown on its economy. Exports dipped 0.5% from a year earlier hurt by sluggish demand and factories being shut during the Lunar New Year.

Vodafone Group, the world's largest mobile operator by revenue, is considering a bid for Britain's Cable & Wireless Worldwide, whose fixed-line network could boost bandwidth for its Internet-hungry customers.

By Ronald Sanders - The national and regional interests of Commonwealth Caribbean countries would hardly be served by backing Argentina in its long-running dispute with Britain over the Falkland Islands.

The FAO Food Price Index rose by nearly two percent or four points from December to January, its first increase since July 2011. According to FAO prices of all the commodity groups in the index registered gains last month with oils increasing the most followed closely by cereals, sugar, dairy products and meat.

Global warming will get worse as agricultural methods accelerate the rate of soil erosion, which depletes the amount of carbon the soil is able to store, a United Nations' Environment Programme report said on Monday.