
China has offered to set up a 10 billion dollars credit line for Latin American countries to support infrastructure projects in the region. The proposal was made by China's Premier Wen Jiabao as he wrapped up his visit to the region with a conference at the UN Economic Commission for Latin America and Caribbean, ECLAC, main offices in Santiago de Chile.

Britain reiterated its determination to continue to defend the Falkland Islands and other Overseas Territories on Thursday, an official document known as the White Paper said. The document on the Overseas Territories declares there would be no weakening in Britain's resolve.

Brazil's government has taken measures so that economic growth reaches at least 2.5% in 2012, said Finance Minister Guido Mantega following the announcement of new economic stimulus measures that are expected to accelerate the economy in the second half of the year.

US rating agency Moody's had downgraded the ratings of 11 Brazilian banks by one to three notches, almost all of them to the level of Brazil's sovereign credit rating.

The Falkland Islands government announced on Thursday it is content to hold preliminary talks with Argentina on air links and fisheries cooperation as was proposed by Argentine ambassador Alicia Castro to the Foreign Office last April 23, given certain clarifications.

Royal Navy ice patrol ship HMS Protector returned to Portsmouth on June 27 from her maiden deployment. The 5.000-ton ice-breaker spent most of her seven months away surveying and patrolling the Antarctic Peninsula.

Argentine president Cristina Fernandez said on Wednesday that in an uncertain global scenario the priority of her administration was to ensure jobs and called on all sectors to unite in the defence of the political and economic model implemented since 2003.

Argentina’s chief of the powerful CGT Labour Confederation Hugo Moyano blasted President Cristina Fernandez and her government during a massive rally Wednesday in the heart of Buenos Aires at the highly symbolic Plaza de Mayo.

United States strongly supports the Organization of American States Council decision to send a top level delegation to Paraguay headed by Secretary General Jose Miguel Insulza, said on Wednesday US State Department spokesperson Victoria Nuland during the daily briefing.

The two call for dialogue but at the same time argue they are victims of extortion so it is difficult to see reconciliation, rather as escalation of the confrontation between President Cristina Fernandez and organized labour chief Hugo Moyano, particularly following on Wednesday national strike and rally at Plaza de Mayo.