
Uruguay authorized the Royal Navy Ice Patrol HMS Protector into Montevideo because it complies with normal procedure in spite of the fact that its next port of call is Stanley in Falklands/Malvinas.

Greece faces an exit from Europe's common currency block unless it clinches a deal on a second 130 billion Euro bailout with its international lenders, a government spokesman said on Tuesday.

German unemployment fell to its lowest rate in December since 1991, according to the German Federal Labour Agency.

Argentina ratified Tuesday its ‘imprescriptible” sovereignty rights over the Malvinas, South Georgia, South Sandwich Islands and adjoining maritime spaces and blasted the UK for not abiding by UN resolutions calling for bilateral talks.

Denmark has assumed the presidency of the European Union as the 27-member bloc continues efforts to tackle the crisis ravaging the continent. Prime Minister Helle Thorning-Schmidt has said Denmark aspires to strengthen the EU in a difficult time.

Brazil is moving into an ‘era of prosperity’ characterized by ‘income distribution and a notorious drop in inequalities” said President Dilma Rousseff in her first 2012 radio edition of ‘Enjoying coffee with the President’, where she also dared to use the word ‘protection’ in reference to jobs and the domestic market.

After spending New Year’s Eve with her family, Argentine President Cristina Fernández returned to Buenos Aires Monday midday from El Calafate, Santa Cruz province, less than 48 hours before she undergoes surgery for a thyroid gland carcinoma.

The UK BAE Systems has signed a deal with the Brazilian Navy to supply it with three patrol vessels. The contract is worth £133m.

Uruguayan president Jose Mujica said he promotes good relations with the entire world but he is well aware of the significance of neighbouring Argentina for the Uruguayan economy and that “we must jump into the stirrup of Brazil”.

Inflation in Venezuela during last year reached 27.6%, which is 0.7 percentage points more than in 2010, according to a preliminary report from Venezuela’s central bank. President Nelson Merentes said that the consumer prices index “was associated to the upwards pressure generated on wholesale prices by a greater dynamism from domestic aggregate demand”.