
The Inter-American Development Bank (IDB) approved a credit program for Argentina of 6 billion dollars until 2015, destined to works in the region known as Norte Grande, and Greater Buenos Aires, the Economy Ministry stated in a communiqué.

A legal clause that is the key to smoothing future debt restructurings could be undermined by a US court ruling that Argentina must pay creditors holding its defaulted debt.

President Cristina Fernandez and First Lady Michelle Obama have expressed a personal interest in the case of forced prostitution of a young woman and acquittal of all suspects, which has shocked Argentina.

In the midst of her fight with the courts over the Media Law, Argentine President Cristina Fernández took time to bash the Judiciary after Tuesday’s a scandalous ruling on the disappearance of a young woman, (kidnapped and forced into prostitution) with all suspects acquitted of all charges.

The US said “dangerous practices” at HSBC allowed the bank to pass money to “drug kingpins and rogue nations”, as it fined it 1.9 billion dollars. HSBC agreed the fine, the largest of its kind, earlier on Tuesday.

Despite earlier reports, Venezuela's President Hugo Chavez is in delicate condition after his latest surgery for cancer, the government said on Wednesday.

The US Federal Reserve has said it plans to keep interest rates at close to zero at least until the US unemployment rate falls below 6.5%. The Fed previously had a date-driven target, rather than a data-driven one.

Uruguay’s Lower House voted 81 in 87 to legalize same sex marriage on Wednesday, approving a single law for both heterosexuals and homosexuals regulating all kinds of family issues, from divorce to adoption to in-vitro fertilization and how parents can name their children.

The issue of the political status of the self-governed British overseas territory Falkland Islands has dominated (non-relations) and relations since the British and Argentine war in 1982 after the Argentine military government invaded the Islands, writes Alicia Dunkley-Willis from the Jamaica Observer who recently visited the Falklands.

Latin America and the Caribbean will experience stronger economic growth, despite ongoing uncertainties at international level (particularly difficulties faced by Europe, the United States and China), according to new estimates released Tuesday in Santiago de Chile, by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).