
British Ambassador in Buenos Aires Shan Morgan has been summoned for a meeting on Monday with Argentine Foreign Affairs minister Jorge Taiana to receive a formal reply notice to the escalating diplomatic exchange between the two countries over Falklands and other South Atlantic Islands sovereignty which Argentina claims.

US Secretary of State Hillary Clinton pressed for greater commercial access for US businesses in China on Sunday, urging Beijing for a “level playing field”. Ms Clinton spoke to US and Chinese business executives in Shanghai, following a tour of the World Expo.

Uruguayan President José Pepe Mujica was ironic Thursday when asked about the current roadblock on the Gualeguaychú-Fray Bentos border-crossing bridge with neighbouring Argentina (in place for over four years now) and asked whether he should spit Argentina in the eye, while explaining he is more focused on trade blocks than road blocks.

Argentina begun Friday the bicentenary celebrations with the main stage mounted at the feet of the Obelisk in the capital Buenos Aires with President Cristina Fernández de Kirchner marking the official launching of the several days events.

Argentina’s Deputy Foreign Minister Victorio Tacetti confirmed on Friday there is a formal presentation on the way in reply to the note verbale from the British government to the Argentine presidency in which restrictions applied to all Falklands-Malvinas-bound maritime transit are rejected.

This week Malaysia became the 59th country to sign a free trade agreement with Chile. It is the first free trade agreement (FTA) for President Sebastian Piñera's government and it is Malaysia’s first FTA with a Latin American nation.

France and Germany pledged on Thursday to work together to solve a European debt crisis and support the Euro, patching up a public rift that had rattled markets around the world.

The Spanish government approved on Thursday approved a €15 billion (19 billion US dollars) austerity plan aimed at reducing the country's large fiscal deficit and easing concerns that Spain could follow Greece into a debt crisis.

Prime Minister Recep Tayyip Erdogan from G-20 member Turkey will pay formal visits to Brazil, Argentina and Chile at the end of May. Turkey and Brazil have increasing closer links and earlier this week brokered a deal with Iran regarding Teheran’s controversial nuclear fuel production capacity.

Old wounds were reopened between Chile and Argentina this week: a long-time border dispute in the nations’ southern Patagonia regions.