A Royal Navy warship used a routine logistical visit to Gibraltar on Wednesday to patrol British waters around the Rock. The highly unusual move came a day after an incursion by a Spanish Navy vessel and against the background of diplomatic tension between the UK and Spain over the waters row.
Brazilian president Dilma Rousseff criticized in Paris policies that are limited to austerity when facing crises because they are not effective in economic terms and only generate ‘more recession and unemployment”.
The British Government reaffirmed its commitment to trilateral dialogue, despite claims from Spain that London and Madrid would discuss the waters row on bilateral terms leaving Gibraltar aside. A spokesman for the Foreign & Commonwealth Office said trilateral dialogue was the only acceptable mechanism for “formal” talks about Gibraltar.
A Spanish warship made a two-hour incursion into Gibraltar waters on Monday evening, in a defiant response to Britain’s warnings to stay away. The incursion came just hours after the British Foreign Secretary, William Hague, told the House of Commons that Britain would take “a grave view” of any violation of British sovereignty in Gibraltar waters.
The Inter-American Development Bank (IDB) approved a credit program for Argentina of 6 billion dollars until 2015, destined to works in the region known as Norte Grande, and Greater Buenos Aires, the Economy Ministry stated in a communiqué.
A legal clause that is the key to smoothing future debt restructurings could be undermined by a US court ruling that Argentina must pay creditors holding its defaulted debt.
President Cristina Fernandez and First Lady Michelle Obama have expressed a personal interest in the case of forced prostitution of a young woman and acquittal of all suspects, which has shocked Argentina.
In the midst of her fight with the courts over the Media Law, Argentine President Cristina Fernández took time to bash the Judiciary after Tuesday’s a scandalous ruling on the disappearance of a young woman, (kidnapped and forced into prostitution) with all suspects acquitted of all charges.
The US said “dangerous practices” at HSBC allowed the bank to pass money to “drug kingpins and rogue nations”, as it fined it 1.9 billion dollars. HSBC agreed the fine, the largest of its kind, earlier on Tuesday.
Despite earlier reports, Venezuela's President Hugo Chavez is in delicate condition after his latest surgery for cancer, the government said on Wednesday.