
Ecuador expects to overcome the diplomatic crisis with Argentina soon after both nations withdrew their ambassadors amid questioning from Quito regarding the escape of a former minister convicted of corruption who was taking refuge in Argentina's diplomatic residence in Ecuador.

Sarah Stannard, Director of Education of the Falkland Islands, told Paula Ojeda of Montevideo's El Observador how the 1982 War is taught to schoolchildren in the South Atlantic British overseas territories where fighting took place. The story was published this week.

Argentina's Central Bank (BCRA) Thursday decided to raise the benchmark interest rate by 300 basis points to 78% annually, it was announced in Buenos Aires the day after the INDEC said the Consumer Price Index for the month of February ad grew 6.6% for a year-on-year inflation of 102.5 %, the highest in the last 32 years.

Brazil's Supreme Federal Court (STF) Justice Alexandre De Moraes has Thursday ordered the release of another 129 people who were in custody for allegedly participating in the Jan. 8 riots in Brasilia. With this new ruling, 294 remain in prison (86 women and 208 men), while over 1,100 have been released, although they will remain under surveillance.

Anticipating the Euro area banking sector is resilient, with strong capital and liquidity positions, and that inflation is projected to remain too high for too long, the European Central Bank announced on Thursday that the ECB Governing Council decided to increase the three key ECB interest rates by 50 basis points, in line with its determination to ensure the timely return of inflation to the 2% medium-term target.

Argentina's Defense Minister Jorge Taiana Wednesday signed the so-called Productive Cooperation Agreement deal with Swedish developers SAAB Dynamics. The agreement provides for SAAB's support to the Argentine company INVAP for the integration of radars to the RBS-70 system, as well as for the technological transfer to the Armed Forces.

A Chilean Court Thursday sentenced former Army Brigadier General Orlando Carter Cuadra to 10 years and one day in prison for Dec. 14, 1973, murders of Bautista Van Schouwen Vasey and Patricio Munita Castillo (22) in Santiago. The deceased belonged to the Revolutionary Left Movement (MIR) political party.

UN Secretary-General Antonio Guterres accused oil and gas companies of making excessive profits from the energy crisis sparked by the war in Ukraine, calling it immoral. Guterres, releasing a UN report on the consequences of Russia's invasion of Ukraine, urged governments to tax the companies' earnings.

China welcomed on Wednesday the latest remarks by Honduran President Xiomara Castro, who said her country is seeking to establish diplomatic relations with China. In response to this, Wang Wenbin, spokesperson of the Chinese Foreign Ministry, said at a press conference on Wednesday that 181 countries around the world have established diplomatic relations with China on the basis of the one-China principle, which fully proved that establishing diplomatic relations with China is a correct general historical and political trend.

Uruguayan President Luis Lacalle Pou Wednesday said he was not very optimistic about the future of the trade deal between Mercosur and the European Union and that his lack of hope stemmed from both ends of the Atlantic, not just Brussels.