US Judge Thomas Griesa rejected on Tuesday Argentina’s request for a suspension ('stay') on the ruling that ordered Buenos Aires to pay 1.3 billion dollars plus interests to holdout speculative funds and instructed Argentina and holdouts to meet on Wednesday morning for a first face-to-face meeting.
The United Kingdom Serious Fraud Office (SFO) has launched a criminal investigation into allegations of price rigging in the £3tn-a-day foreign exchange market. The probe will look into allegations of fraudulent conduct, the director of the SFO said in a statement.
A racehorse owned by the Queen has tested positive for morphine. Buckingham Palace said the banned substance was found in Estimate, trained by Sir Michael Stoute, reports the BBC. Initial indications are that the positive test resulted from the consumption of a contaminated feed product, the Palace said.
The United States Federal Aviation Administration, FAA, is prohibiting US airlines from flying to Israel's international airport in Tel Aviv for 24 hours, after a rocket fired by Hamas militants in Gaza landed nearby, damaging a house and slightly injuring one Israeli. European airlines quickly canceled their flights as well.
“We Are Falklands” an exhibition collecting works from Falkland Islanders and amateur photographers opened on Monday to the general public at The Mall Galleries in central London.
Commonwealth Games take off in Glasgow, Scotland on Wednesday with the Falklands squad the largest the Islands have ever sent to the Games. Falklands will be competing in Badminton, Lawn Bowls and Shooting. The Games are estimated to have a global audience of 1.5 billion during the lavish opening ceremony.
Former Uruguayan president Julio Maria Sanguinetti and founder of the Montevideo Circle Foundation said Mercosur was not created to become a fortress of hyper protectionism but rather to promote competition and integration with flexibility. Sanguinetti participated in a round of conferences of the Montevideo Circle Foundation in Paraguay.
Former Brazilian president Fernando Henrique Cardoso said that Mercosur has 'yet to crystallize as a customs union' and pointed to the common external tariff which is the founding stone but is full of objections as the main hurdle. Nevertheless I remain positive about the strength of Mercosur.
Spain accused Britain of “unacceptable interference” for launching a diplomatic protest over the actions of a Spanish navy vessel off Gibraltar.
Argentine investigative reporter Jorge Lanata, loathed by the current government of president Cristina Fernandez for his disclosure of the close business links of certain unscrupulous entrepreneurs (or most probably straw-men) who have become millionaires during the Kirchner years, has now exposed the 'calamitous' state of the Argentine armed forces equipment.