
Argentina finally admitted that the retaining of the training frigate ARA Libertad in Ghana is not an isolated case since the so called ‘vulture’ funds have managed to impound a total of 28 assets including the presidential aircraft Tango 01, bank accounts, property and even a satellite.

The electoral magic of former Brazilian president Lula da Silva did it again: the country’s major financial and industrial hub, the city of Sao Paulo only a few weeks ago was turning its back on the ruling Workers party at the municipal elections, but is now to his feet probably with a landslide victory.

The number of possible sexual abuse victims of BBC TV presenter and DJ Jimmy Savile has risen to 300, Scotland Yard has confirmed. Savile who died last year aged 84, may have abused scores of young girls and some boys over a 40-year period.

Ghanaian officials asked a judge Thursday to order the Argentine navy ship detained in the West African nation over a debt dispute to be moved because it was blocking valuable space at the port of Tema.

Argentine Defence Minister Arturo Puricelli took responsibility on Thursday for the fate of the navy training frigate Libertad, which continues to be impounded in Ghana. Meanwhile from Ghana a top official said the country was “embarrassed” with the whole incident.

A group of Central American journalists recently visited the Falkland Islands for a week as guests of the Foreign Office together with Bruce Callow from the UK Costa Rica embassy. The following is a first reflection just back from the Islands in Bruce’s blog.

Argentine President Cristina Fernández joined the US presidential campaign harshly criticizing Republican candidate Mitt Romney and stating she is “more alike” the current head of state, Democrat Barack Obama, who is running for re-election.

A second Argentine navy vessel has been targeted by NML-Capital which apparently has contracted a renowned South African law office to impound the corvette ARA Espora.

Bank of America is being sued for 1bn dollars for alleged mortgage fraud. The civil lawsuit has been brought by the US Attorney Preet Bharara, the top federal prosecutor in Manhattan, New York.

The global war on drugs has failed and international policy requires radical reform to remove outmoded, unscientific thinking, according to a major new report from the London School of Economics and Political Science which has been endorsed by President Santos of Colombia.