
Spain says its national debt will spiral sharply higher this year as data showed unemployment hit a record high in March, complicating efforts to stabilise the country's strained finances.

Uruguay’s credit rating was raised one level by Standard & Poor’s, which means the country has returned to investment grade for the first time in a decade.

Shares in Argentina's biggest energy company, YPF plummeted on Tuesday because of growing investor fear over a possible government plan to seize control of the oil firm.

The Argentine Foreign Ministry strongly rebuked comments made by UK Prime Minister David Cameron on Monday, the thirtieth anniversary of the start of the Malvinas War and blasted the UK’s “persistent glorification of colonialism”.

The Foreign Office condemned on Tuesday today what it called violent actions of a minority following Monday’s demonstration on the surroundings of the British Embassy located at the Recoleta neighbourhood, Buenos Aires City.

One day after the 30th anniversary of the beginning of the Malvinas war, Bonhams auction house sold a copy of the telegram with which Argentina surrendered in 1982, for £7.250.

The Falklands government repeated on Tuesday its standing invitation to any current or future chair of the UN Decolonization Committee to visit the Islands and reiterated it welcomes any fact finding commission the C24 wishes to send.

“The Falkland Islands belong to you, the Islanders”, said one of Argentina’s top political analysts and journalists Mariano Grondona. Although the quote, from the Penguin News, dates back to October 1998 when he was invited to the Islands by the Falklands Legislative Council, Mr. Grondona has not betrayed the statement and reiterated his opinion.

British Prime Minister David Cameron on Monday April 2 called Argentina's invasion of the Falkland Islands three decades ago a profound wrong aimed at depriving the Islanders of their freedom.

UK launched on Monday at the National Arboretum in Staffordshire a series of low key commemorative events to be held over the next 11 weeks, to remember 30 years of the day the Falkland Islands were invaded.