
Argentine president Cristina Fernandez de Kirchner, CFK, speaking before the United States Chamber of Commerce confirmed that the debt-swap is to be launched between Wednesday and Thursday of next week and strongly praised Argentina’s conditions “for making business and investing”.

Greek bonds and banking stocks took a massive hit on Thursday, driving the debt-stricken Euro zone member's borrowing costs to the highest level since Greece adopted the Euro currency.

Two women that were exiled during the last Argentine military dictatorship (1976/1983) got married Friday in Buenos Aires, the first wedding among lesbians in the country, reported the Lesbian, Gay, Bisexual and Transgender Federation of Argentina, or FALGBT.

Chile and Argentina pledged Thursday to deepen bilateral relations with visiting president Sebastian Piñera saying that “the best of our relationship is yet to come” and Cristina Fernandez de Kirchner anticipating that “ideological differences” won’t be an impediment to keep advancing in cooperation and joint projects.

Chinese Deputy Foreign Minister, Li Jinzhang, assured that China is highly enthusiastic about reaching an agreement to unlock the trade soybean oil conflict between Argentina and the Asian giant, according to Chinese media.

Britain and Gibraltar will use different legal arguments in challenging the European Commission’s decision to twice approve a Spanish nature site with British Gibraltar waters. While Gibraltar is focusing on British sovereignty of the waters, Britain itself has centred its case on the issue of control, reports the Gibraltar Chronicle.
The Uruguayan default model of 2003, under the auspices of the IMF, is a possible way out for the Greek situation according to Professor Reinhart (*), a world authority in sovereign defaults. The idea surfaced in an interview with the Telegraph.co.uk, Ambrose Evans-Pritchard who has covered world politics and economics for 25 years, based in Europe, the US, and Latin America.

Prime Minister Gordon Brown’s bid for a fourth Labour term received a boost this week with a forecast that the UK would pull out of recession faster than many major international rivals.

Chile’s Ministry of Education has ordered an administrative and criminal investigation into the disappearance of laptops to be distributed among school children.

Chile’s passion for soccer appears to be fading, notwithstanding the national “La Roja” team’s recent success in making it to this year’s World Cup games in South Africa.