
The U.N. General Assembly approved this week the financing of a plan to develop a new legal framework to restructure national debts, a move aimed at avoiding the kind of speculative action that led Argentina to a second default.

Argentine Secretary of Malvinas echoes President Cristina Fernandez de Kirchner, claims overwhelming majority of nations support his country. 'Policy of isolating UK succeeding,' he says.

The United Nations General Assembly for the 21st time on Tuesday condemned the economic and trade embargo imposed by the United States on Cuba, a policy that has been in place for over half a century. 188 countries out of 193 voted against the restrictions imposed by Washington against Cuba, which date back to 1962, three years after Fidel Castro took power in a revolution.

Venezuela celebrated on Thursday as a great diplomatic success and a victory of Hugo Chavez, having been voted by the UN General Assembly to join the Security Council for two years as a non permanent member.

By Arturo Porzecanski of American University (*) - Jose Antonio Ocampo, a former United Nations official and co-president with Prof. Joseph Stiglitz of Columbia University’s Initiative for Policy Dialogue, which promotes the adoption of heterodox economic policies in developing countries, recently wrote a guest post welcoming a UN General Assembly resolution calling for the launch of negotiations on a multilateral framework for sovereign debt restructuring.

Evo Morales, Bolivia’s first indigenous president, inaugurated the first World Conference on Indigenous Peoples at the UN on Monday and said he is living proof that the community can “govern and not just vote.”

Venezuelan leader Nicolas Maduro has said he will travel to New York this week for his debut appearance as president at the United Nations General Assembly despite racist editorials against him in major US newspapers.

Following her meeting with Pope Francis at the Vatican, Argentine President Cristina Fernandez arrived in New York, where she is expected to deliver a speech at the UN’s 69th General Assembly on Wednesday.

Venezuela’s populist government has quietly secured the backing of Latin America and the Caribbean to obtain a diplomatic trophy that long eluded the late Hugo Chavez: a seat on the United Nations Security Council.

Argentina was formally invited to take part in a BRICS summit to be held in Brazil next month. The Kremlin also ratified support to Buenos Aires in its long-standing dispute with the UK over the sovereignty of the Malvinas Islands.