
Argentina’s Prosecutor-general Esteban Righi officially resigned to his post on Tuesday, following Vice-President Amado Boudou’s decision to press charges against the prosecutor leading the investigation into the politician's role in the Ciccone currency printing company investigation.

The escalade between the Argentine government and the oil companies seems to have cooled off for a few hours on Tuesday following a meeting of Planning Minister Julio De Vido with top officials from Petrobras Argentina, and which was described as ‘productive’.

Bolivian President Evo Morales says he is rescinding the contract of a Brazilian firm to build a controversial road through the Amazon rainforest. He accused the firm, OAS, of not complying with the terms of the deal.

The coming 6th Summit of the Americas will not include in its final statement the issue of the Falkland/Malvinas Islands, the sovereignty of which is in dispute between Argentina and the UK.

US Federal Reserve Chairman Ben Bernanke said banks need to have more capital at hand in order to ensure the financial system is stable. Bernanke said regulators were taking steps to force financial institutions to hold higher capital buffers, even if they allow for a long period of implementation to prevent any market disruptions.

The UK is seeking repayment of a loan granted to Argentina in 1979 which was invested in military procurement some of which was used during the Falkland Islands conflict.

The Argentine government said that the Malvinas Islands sovereignty claim is “not political opportunism” or geared “to remove other issues from the country’s political agenda” and is coherent with the political and ideological thinking of both Presidents Cristina Fernandez and her late husband and former president Nestor Kirchner.

Brazilian president Dilma Rousseff complained about US monetary policy and expressed concern that sanctions against Iran could backfire in a meeting with President Barack Obama on Monday, highlighting strains between the continent’s biggest economies.

Argentine president Cristina Fernandez will be attending on Saturday the VI Americas summit to be held in Colombia, which is already involved in a strong controversy because of the non invitation to Cuba.

Fidel Castro accuses Canadian Prime Minister Stephen Harper of suffering from illusions and says Canada should take a stand in the Falkland Islands dispute in a rambling new essay that lashes out against Cuba’s exclusion from a coming Organization of American States summit.