“The only possibility” Argentina contemplates regarding its debt is “to honour all payments” of creditors that entered debt swaps after the sovereign default of 2001, said Economy minister Hernan Lorenzino who underlined that Argentina “cannot and will not enter in default”.
Colombian Minister of Defence Juan Carlos Pinzón said that security forces will continue with military operations in the country despite the unilateral two-month cease fire declared by the guerrilla group FARC, which becomes effective Monday 24:00 hours.
Latin America pledged investment opportunities for recession-hit Spanish and Portuguese companies but warned its former colonial masters drastic cost cutting would only deepen their misery.
European Union looks set for a new round of clashes this week as an extraordinary summit called to agree a long-term trillion-Euro budget heads for an ugly showdown, possibly even failure.
Spain’s decision to pull out of the trilateral process was formally recorded in the consensus decision on Gibraltar adopted by the United Nations General Assembly this year.
Two Members of Westminster Parliament have been visiting the Islands during this period of remembrance as guests of the Falkland Islands Government.
Falklands Governor Mr. Nigel Haywood CVO receiving a copy of the newly published book 'The Christmas Sports' from the author, during a reception hosted by the Governor and his wife at Government House to celebrate the official launch of the book which was researched and written by Patrick Watts MBE - the official race commentator for the past 40 years.
Argentina asked a US judge late Friday night to maintain his order blocking payment on defaulted sovereign bonds to holdout investors until lingering questions are settled in a higher court's appeals process.
UK has dismissed a comment by Spain’s Foreign Minister suggesting that Britain and Spain were poised to reach a bilateral solution to the fishing dispute. Jose Manuel Garcia-Margallo said Spain was open to dialogue and that he and his British counterpart, William Hague, “talk a lot” about many issues, including Gibraltar
An agreement among Greece's international creditors on reducing its large debt pile should be rooted in reality and not in wishful thinking, the head of the International Monetary Fund said ahead of a tense meeting with European leaders.