Obama administration warned the US economy had encountered strong headwinds and the country's fiscal challenge remained grave, but it lowered an estimate for the budget deficit this year.
Britain's deputy prime minister, Nicholas Clegg, joked in the House of Commons this week that Gibraltar is a sensitive topic in his home, which he shares with his Spanish wife, Miriam Gonzalez Durantez.
Brazil is following “closely and with great concern” the latest developments between Colombia and Venezuela said the Brazilian Foreign Office, Itamaraty, confirming that President Lula da Silva will be travelling to meet with his Venezuelan counterpart Hugo Chavez next August 6, as was scheduled.
Ecuador strongly criticized the Organization of American States, OAS, for having speedily accepted a special session request from Colombia to address the alleged existence of Colombian guerrilla groups in Venezuelan territory which led to a major diplomatic and political situation between the neighbouring countries.
Buenos Aires City Mayor Mauricio Macri inaugurated the 124th edition of the Agriculture, Livestock and Industry Fair organized by the Argentine Rural Society (SRA) that will open on Saturday in the Palermo grounds. SRA head Hugo Biolcati was also present and took the opening honours along with the city Mayor.
Britain announced Thursday it had agreed to build an airport on the mid Atlantic island of Saint Helena, which is expected to become a vital link for the Falkland Islands air communications.
Argentina walked out of the International Association of Prosecutors, IAP, because the Falkland Islands were admitted as a full member of the organization according to press reports from Buenos Aires.
Former Argentine president and current Secretary-General of the Union of South American Nations (UNASUR), Néstor Kirchner, “will collaborate in the mediation led by Ecuadorian President Rafael Correa, in order to overcome the crisis between the Colombian and Venezuelan governments”.
In spite of the ongoing dispute with China over the soy-oil import ban, Argentina this week imposed antidumping measures in the form of ad valorem rights on multi-processors originated in China and Brazil.
Brazilian incumbent presidential candidate Dilma Rousseff revealed that Brazil is patrolling its border area next to Paraguay with an UAV (Unmanned Aerial Vehicle) hoping to control the inflow of narcotics, weapons and illegal merchandise (contraband).