The US government approved the designation of Cecilia Nahón as the next Argentine Ambassador to the US, leading to her official appointment in the post, according to a release from the Foreign Ministry in Buenos Aires.
Argentina unveiled a new system of export duties on oil shipments that will cut levies as the government seeks to attract investment to revive stagnant production. The change means energy companies will receive 70 dollars per barrel of exported oil, up from 42 previously. Argentina controls the price of oil exports in order to guarantee domestic supply.
The death by beating of a 12 year old indigenous Qom child in the north of Argentina had shocked public opinion following on another incident less than a month ago when a gendarme run over an indigenous grandmother and a ten month old baby girl.
With general elections scheduled in November, Falkland Island politicians are anxiously awaiting the recommendations of a Commission advising on the full-time or part-time status of elected representatives going forward, according to a piece published by the Jamaica Observer.
Bank of America has agreed to pay US government mortgage agency Fannie Mae 11.6bn dollars to settle claims relating to residential home loans. The bank will pay 10.3bn to settle claims relating to the loans and 1.3bn in compensation to the agency.
The unemployment rate across the troubled Euro zone hit 11.8% in November, up from 11.7% in October, with the number of people out of work in the 17-nation single currency area now nudging 19 million. Spain again recorded the highest with 26.6% and 57% for the under-25s.
The frigate ARA Libertad is already in Argentine waters and is scheduled to arrive Wednesday to the port of Mar del Plata, escorted by dozens of yachts and other vessels, to a huge reception ceremony headed by President Cristina Fernandez, ministers and top officials.
The Venezuelan government is organizing a massive turnout for Thursday January 10 in support of re-re-elected president Hugo Chavez with the attendance of several Latinamerican leaders in what has been described as a “virtual taking office” ceremony.
By Dr. Jorge Stanham, MBE - The British Hospital in Montevideo has a long established relation with the Falkland Islands going back over a century.
Spain is to toughen its stance over Gibraltar in the long-running dispute over sovereignty following a year that has seen an increase in diplomatic tensions, according to reports in the UK daily The Telegraph.