In its latest edition The Economist writes about Argentina’s debt stand-off, and states this “reflects a teenage attitude that rules are there to be broken”.
Economy minister Axel Kicillof has confirmed that Argentina would enter talks with mediator 'Special Master' Daniel Pollack over the legal battle currently raging between the nation and holdout hedge funds as 'vulture funds', while clarifying that those funds would not be present.
The former Argentine vice-president and presidential hopeful Julio Cleto Cobos who visited the Falklands this week will at least have a better understanding of the Islands commented Member of Legislative Assembly Phyl Rendell on behalf of the Assembly Thursday.
Concerns over Brazil's World Cup preparations took a deadly turn on Thursday after a partially finished highway overpass collapsed on a road below, killing at least two people and wounding at least 23 others in Belo Horizonte, according to state health officials.
European Central Bank president Mario Draghi reiterated on Thursday that he'll keep interest rates low as officials try to revive the region's economy with a new round of emergency measures.
US economy added 288,000 jobs in June, latest figures from the Bureau of Labor Statistics have shown. The unemployment rate dropped to 6.1%, its lowest level since September 2008.
UK Minister for Europe David Lidington welcomed Thursday’s return visit to Gibraltar by the European Commission to review progress towards addressing delays at the Gibraltar-Spain Border. Lidington recently visited Gibraltar to check the situation at the border and incursions by Spanish vessels of the Rock's waters.
The Organization of American States (OAS) voted on Thursday to support Argentina’s position against holdout investors, as well as expressing concern over what the entity called “the behavior of speculative agents that affect global financial stability.”
Argentina' Radical party national committee (UCR) took distance from the trip to the Falklands/Malvinas of lawmaker Julio Cleto Cobos and underlined that the visit of the former governor from Mendoza province was something personal and in no way involves 'institutionally' the party.
Despite Argentina's news agenda is absorbed by the World Cup, another possible default and the indictment for corruption of Vice-president Amado Boudou, the Argentine media still has time to talk about former vice-president and presidential hopeful Julio Cleto Cobos' current trip to the Falkland Islands.