
Official inflation in Argentina was 1% in December ending the twelve months at 10.8%, which is less than half private agencies average estimate regularly released as the Congressional index, which was 2.1% and 25.6%, respectively.

Diego Maradona came on stage in the United Arab Emirates to defend President Cristina Fernández saying that “all Argentines must be proud of the government we have” and attacked some members of the opposition arguing they “can’t even cook a decent stew”.

The Chilean government started contacts in an attempt to ease tension and find solutions to the escalating conflict with the indigenous Mapuche in the southern province of La Araucania which has seen killings and properties torched.

Representatives from 21 African and South American countries are debating in Uruguay the consolidation of the South Atlantic as a zone free of massive destruction arms and its “improper militarization”, as a result of the growing tension between the UK and Argentina over the Falkland Islands.

Following recent criticism from President Cristina Fernández in support of her ‘dollar clamp’ policy, Buenos Aires province Governor Daniel Scioli justified his savings in US dollars by affirming he needs to travel overseas because of his physical problem.

United States and other Latinamerican countries wish the situation in Venezuela ‘clears up’, said Roberta S. Jacobson Assistant Secretary of State for Western Hemisphere Affairs, currently in Spain as part of a visit that also includes the UK and Belgium.

Venezuela’s ruling party said on Monday that the ‘high command’ is receiving instructions from President Hugo Chavez in Havana while its grass roots leaders are organizing a massive rally next week which happens to coincide with a similar march on the same day but to protest and organized by the opposition.

Federal Reserve Chairman Ben Bernanke urged US lawmakers to lift the country's borrowing limit to avoid a potentially disastrous debt default, warning that the economy was still at risk from political gridlock over the deficit.

At the invitation of Mensun Bound, some twenty-five people, including three members of the Falklands elected Legislative Council met to consider ways in which the one hundredth anniversary of the Battle of the Falkland Islands should be marked, when it falls on December 8, 2014.

The British government considers ‘highly unlikely’ Argentina will attempt to invade the Falkland Islands, according to Defense Minister Andrew Robathan. But the UK is prepared for any outside contingency that might want to interfere with the March referendum on the Falklands’ future.