
The governor of the Argentine province of Córdoba José Manuel De La Sota confirmed on Wednesday a wage deal was reached to end a conflict and protest staged by the police force on Tuesday which coincided with a wave of looting and left two people dead.

A Tory MP has asked the British Government to press Spain within the European Union over “legal problems” arising from Ceuta and Melilla. Philip Hollobone, the Conservative MP for Kettering, made the request in a written parliamentary question on Gibraltar tabled in the House of Commons.

Brazil trusts Mercosur and the European Union can exchange the proposed tariff lists for a free trade agreement keeping to the original schedule, before the end of the year, according to the country's foreign ministry.

United States praised Argentina for its latest commitment to the payment of a debt worth more than 600 million dollars to five companies in exchange for the ending of legal action. The message was transmitted by the US most senior representative in Argentina Kevin Sullivan, in a brief encounter with cabinet chief Jorge Capitanich, according to reports in Ambito Financiero.

A huge power outage that darkened Venezuela's capital and parts of the country was a conspiracy to sabotage the Socialist government, according to Venezuela's President Nicholas Maduro. The blackout came five days ahead of Sunday's municipal elections.

Looting and robbing spread to several areas of the Argentine city of Cordoba on Tuesday evening and night following a walkout from the police in the midst of a conflict over pay and other benefits.

The newly appointed head of Argentina's Central bank Juan Carlos Fábrega admitted that in the last few months loss of international reserves has been serious, but we are working to correct the situation.

The US Supreme Court heard arguments on Monday in the case of a British company embroiled in a legal battle with Argentina, with justices mulling the question of whether an arbitration tribunal has jurisdiction to punish a sovereign state in favor of a private company.

Argentine Lower House passed last week a bill creating a commemorative coin as a tribute to Latin America's first Pope. Lawmaker Oscar Cachi Martinez first proposed the measure in April, and it garnered approval from congressional committees during November. The next step is for the bill to the considered by the Senate.

In an attempt to stop the drain of Argentina Central Bank international reserves, the government of President Cristina Fernandez has decided to take the 20% income tax advance to 35% for all credit and debit card purchases made abroad. The move will also involve the purchase of dollars for Argentines travelling abroad with the US currency climbing now to 8.322 pesos.