
The Falkland Islands have received assurances of sustained support from the British Parliament and from the Falkland Islands Association at that organisation’s annual general meeting in London where members were given a positive report of progress and economic development in the Islands.

Venezuela's fragile opposition coalition which managed to come together to achieve victory over the Chavista government on Sunday, now faces the test of trying to stick together and use its newly won congressional authority to address the country’s deep economic problems and political rifts.

Analysts expect Brazil's economy to contract by 3.50% this year, with inflation hitting 10.44%, the Central Bank said on Monday. GDP and inflation estimates come from the Boletin Focus, a weekly Central Bank survey of analysts from about 100 private financial institutions on the state of the national economy.

Impeachment proceedings against Brazil's President Dilma Rousseff were delayed on Monday by a fight between supporters and opponents trying to stack a lower house committee that will report on whether she committed an impeachable offense.

Argentina's next foreign minister Susana Malcorra, who will have the task of reestablishing relations with 'all countries', including those with which there are pending or difficult situations, made it a point to underline British Prime Minister David Cameron's gesture of phoning president elect Mauricio Macri to congratulate him on his victory.

The Falkland Islands will commemorate this Tuesday 8th December, the naval engagements of 8th December 1914, one of the Royal Navy's greatest victories during the First World War, which resulted in the sinking of a German imperial squadron that threatened to capture the Islands.

Battle Day was commemorated in the traditional manner at the Cenotaph in central London on Saturday 5th December. The traffic was stopped in Whitehall, and the service was conducted by former Rector of Christchurch Cathedral in Stanley the Rev. Dr. Richard Hines.

Princess Anne is to visit South Georgia and the Falkland Islands next month, accompanied by her husband, Vice Admiral Sir Tim Laurence, reports Falklands' weekly Penguin News

Argentina's incoming Finance minister Alfonso Prat-Gay spoke with the United States Treasury Secretary Jack Lew to discuss economic plans to achieve sustained economic growth. The minister also announced in a long interview with Buenos Aires main dailies that lifting the dollar 'clamp' as promised by president-elect Mauricio Macri, will much depend on the level of international reserves Argentina can count with.

Impeachment proceedings against Brazilian President Dilma Rousseff face their first major hurdle Monday when a special committee forms to decide whether to send the case to the full lower house. Once established, the 65-member committee representing all parties will hear Rousseff's defense, then rule on whether to allow the matter to go further.