
Argentina's government concluded the takeover of the country’s largest oil and gas company on Monday by naming a new chief executive and directors, even when YPF former owner - Spain's Repsol, kept one seat on the board.

Argentina announced on Monday it had accepted the request from the European Union for a round of consultations, before the World Trade Organization, on the country’s controversial trade policies, but at the same time rejected all and every one of the questioned points and dragged the Falklands’ dispute into the fray.

Argentina declared on Monday the oil exploration by UK-listed companies in Falkland Islands waters “illegal” and their activities “clandestine”. Argentina has long claimed the Falklands/Malvinas as part of its territory.

Senator and former cabinet chief Aníbal Fernández said on Sunday that the Argentine government is planning, from the open of the black market on Monday, to put pressure on money exchange traders in order for the ‘blue’ dollar rate to not go over 5.10 Argentine Pesos.

Queen' Elizabeth II Diamond Jubilee will be marked with a star-studded concert in front of Buckingham Palace later on Monday. Sir Paul McCartney, Stevie Wonder and Sir Elton John are among the artists, and Madness will perform on the roof.

To mark the 30th Anniversary of the Liberation of the Falkland Islands on 14th June 1982, a Service of Thanksgiving will be held in Christ Church Cathedral commencing at 10:00. Members of the public are asked to be seated by 09:45, according to a release from Gilbert House.

Argentina is planning to issue bills bearing the likeness of Evita Duarte to mark the sixtieth anniversary on July 26th of the death of the wife of three times president Juan Domingo Peron, according to the Buenos Aires media.

Chancellor Angela Merkel praised higher German wage deals and signalled flexibility on a financial transaction tax, in a sign she is open to new measures to boost growth in Europe.

When former European Central Bank Jean-Claude Trichet called last June for the creation of a European finance ministry with power over national budgets the idea seemed fanciful, a distant dream that would take years or even decades to realize, if it ever came to be.

Latin America is one of the few regions of the world where agriculture production can expand since it holds 42% of that potential globally, said Victor M. Villalobos Director General of the Inter American Institute for the Cooperation on Agriculture, IICA.