Venezuela's government decided to expel Paraguay's remaining diplomats from the country, the top envoy at the Paraguayan Embassy said on Wednesday. Charge d'affaires Victor Casartelli said that he and three other Paraguayan diplomats in Caracas were told by Venezuela's Foreign Ministry to leave within three days.
The Argentine Foreign ministry said in an official release on Wednesday that the UN Security Council had received, and incorporated to its agenda, a formal complaint on the UK latest military exercises in the Falkland Islands.
The Inter-American Commission of Human Rights (IACHR) began proceedings this week concerning Argentina’s refusal to extradite Galvarino Apablaza for the 1991 murder of emblematic conservative Senator Jaime Guzmán.
Moody's Investor Service announced on Wednesday it has downgraded the issuer and debt ratings of several provinces and cities in Argentina, due to the risks these states may face to access foreign currency and serve their obligations in foreign currency.
Brazil's former President Lula Da Silva blasted the protectionist measures of the developed countries and called for the alliance between businessmen from his country and Argentina's, as he highlighted that Brazil grows, but with a controlled inflation rate.
When Argentina proposed a brutal 65% haircut to holders of its defaulted sovereign bonds in a 2005 restructuring, one argument the country’s officials used to justify the offer was that the country could not take on more debt than it could reasonably expect to pay. As painful as the loss might be, the argument went at least the new bonds the government would issue would be creditworthy.
In one of her latest surprise moves to prop gender and culture, President Cristina Fernandez has named soft-core porn film star Isabel Sarli, as the country’s official ambassador of pop culture.
Almost a week after winning the Nobel Peace Prize, the European Union has finally decided who will collect the award. Rather than one person making the trip to Norway on Dec. 10, the EU has decided it will send three people: one to represent each of its main institutions: the European Commission, the European Council and the European Parliament.
Uruguay's Congress voted narrowly to decriminalize abortion under certain circumstances, mainly during the first 12 weeks of pregnancy. The Senate voted 17 to 14 in favour of the controversial bill, which was passed by the lower house last month after 14 hours of debate. President Jose Mujica said he would sign the bill into law.
US voters say that President Barack Obama performed better than Republican rival Mitt Romney by a substantial margin in their second debate, according to a Reuters/Ipsos poll released on Wednesday.