
The United Kingdom formally protested on Monday to Argentina about the passing of an amendment to the hydrocarbons bill which seeks to criminalize individuals or companies with involved in hydrocarbons activities in Falkland Islands waters, insisting that Argentine law does not apply to the Falklands and the Islanders right to develop their hydrocarbons sector.

Uruguayan Senator from the ruling coalition Luis Rosadilla will be honored by the Argentine embassy in Montevideo for having volunteered in 1982 to join the Argentine war effort during the invasion of the Falkland Islands.

An Argentine national senator publicly rejected an invitation to attend a special business and academics conference in Oxford arguing he could not participate in an event coming from a country which has troops occupying part of our motherland territory.

Michelle Bachelet is set to resume her former position as president of Chile in March 2014 after a resounding second round victory against her opponent and former childhood playmate, Evelyn Matthei. In an acceptance speech late Sunday night the president-elect touched on two key platforms of her campaign: free higher education and a new constitution.

As the International Court of Justice is set to release its final verdict in January, Peru announces plans to build a new settlement less than a mile from the Chilean border. After years of tribulation, an end is finally in sight for a maritime dispute between Chile and Peru, with The Hague to announce its verdict on the case Jan. 27.

Socialist Michelle Bachelet, who was Chile's president from 2006 to 2010, cruised to victory in Sunday's presidential runoff.

President Jose Mujica reacted furiously to the accusation of Uruguay as a 'pirate state' from the UN official in charge of drugs' control, who was protesting the legalization of marihuana and because allegedly he was never received by the Uruguayan leader. Mujica bluntly replied, leaving aside all nice talk, tell that old man to stop lying and stop showing off to the stands.

Uruguay's recent passing of a bill legalizing cannabis from production to distribution has generated headlines and controversy worldwide. The basics of the law is that current methods to combat drugs addiction and trade have failed completely and new options should be experimented.
The Guardian columnist Simon Jenkins writes on the controversy.

UK Minister for the Armed Forces said that a very, very long and continued presence in Gibraltar, with no defense cuts for the foreseeable future and full support of sovereignty were the key ingredients in the UK message he brought to the Rock. Before meeting Gibraltar authorities the minister took a tour of British Gibraltar waters with the Royal Navy.

Bank of England governor Mark Carney has said he is concerned about the potential for a UK housing market bubble, but will tighten lending requirements if necessary. Meanwhile, a survey suggested house prices will continue surging ahead.