
Argentina made a formal proposal to the UK for the establishment of direct flights from Argentina to the Falklands and to resume cooperation in the conservation of fishery resources in the South Atlantic, indicates a release posted on Tuesday in the Argentine Foreign Ministry site.

Rating Agency Standard and Poor’s (S&P) downgraded Argentina’s economic and financial outlook to “negative,” after the expropriation of YPF, which endangers the “B” rating the country has for its sovereign debt.

Three Chilean research universities have placed in the top 100 Latin American universities, according to a new study released last week by Iberoamericano SIR 2012.

The Inter American Press Association (IAPA) concluded on Monday its half-yearly meeting, held in Cádiz, Spain, with ratification of its conclusions, in which it declared that: “The main problems facing the press in the Americas are crimes against journalists for the sole fact that they are performing their work under governments of democratic origin, but which are authoritarian and use state-controlled media to persecute and defame the independent press”.

Former Icelandic PM Geir Haarde has been found not guilty of negligence over the 2008 financial crisis that saw the island's economy go into meltdown. A special court in Reykjavik said Mr Haarde would face no punishment and his legal expenses would be paid for.

Brazil wants the US to eliminate barriers to the transfer of military technology, an issued that will be addressed on Tuesday April 24, in Brasilia when US Secretary of Defence Leon Panetta meets with his peer Celso Amorim.

Senator from the Argentine ruling majority and former cabinet chief, Aníbal Fernández assured that the government “will pay the real price for the expropriation of YPF and not what Repsol’s chairman (Antonio Brufau) wants.”

The state, not banks, are to fund higher education scholarships through the creation of a new specialized government agency, Chile’s Education minister, Harald Beyer, announced in a press conference at La Moneda on Monday.

Colombia is available to mediate between Spain and Argentina to find a solution to the dispute over the seizure of YPF from Repsol, said Colombian Vice-president Angelino Garzón.

Spain’s main oil corporation Repsol warned it could take legal action against companies that invest in YPF after Argentina seized control of the Spanish company's energy unit last week.