
Landlocked Bolivia sued neighboring Chile on Wednesday in the Hague before the International Court of Justice as it pressed a longstanding claim to recover land lost in a 19th century war and thus regain access to the sea.<br />
Chile quickly responded that the issue was not negotiable.

Three Latin American presidents called for inclusive growth in the region through comprehensive reforms at the opening of the 2013 World Economic Forum on Latin America which is taking place in Lima, Peru.

The UK government has launched a legal challenge against plans for a European financial transactions tax (FTT), according to the BBC. The FTT will be adopted by 11 EU states, but not by the UK and Ministers fear it could be imposed on UK firms trading with businesses based in one of the 11 states.

China unveiled plans to build more aircraft carriers after commissioning its first last year, as the country extends its influence amid territorial disputes with neighbours including Japan and Vietnam. China already has the world’s second-biggest military budget after the US.

The US dollar in Argentina’s ‘blue’ or parallel market skyrocketed on Wednesday to 8.91 and 8.94 Pesos, beating the previous record of 8.75 Pesos from March 20, previous to Holy Week. The official rate meantime remained relatively stable and closed trading at 5.13 and 5.18 Pesos, which means the gap between the two markets stands at 71%.

Brazilian president Dilma Rousseff will travel to Buenos Aires on Thursday for a two-day meeting with her Argentine counterpart Cristina Fernández and discuss political and trade matters between the two countries after an imports drop in Argentina last year and the cancelling by Brazil of a major investment project.

In a surprise move Venezuelan president Nicolas Maduro talked on Tuesday to Paraguay’s president-elect Horacio Cartes to congratulate him on Sunday’s election and express interest in retaking the “rhythm of bilateral relations”, which were interrupted when the removal of Fernando Lugo.

The Union of South American Nations, UNASUR, congratulated the Paraguayan people for their civic commitment in last Sunday’s presidential election and greeted Horacio Cartes, who was the winner with 46% of ballots.

Venezuelan President Nicolas Maduro named a new acting head of its US diplomatic mission in Washington and sent an offer of dialogue after attacking the United States for interference in a row over his election.

Members of the Cuban dissident group Ladies in White collected Tuesday the Sakharov Prize that the European Parliament awarded them in 2005, and in the process had harsh words to say about the situation in their homeland.