As November draws to a close, there are two major events that could profoundly change the oil markets. With the clock ticking, the 5 permanent members of the UN Security Council plus Germany (P5 plus 1) are negotiating down to the wire with Iran over its nuclear program.
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.
The summit of G77 leaders plus China wrapped up Sunday with a call for an end to poverty by 2030, after a demand by Bolivia's President Evo Morales to eliminate the UN Security Council. It also marked the presence of Beijing which has become the leading trade partner of many Latam countries.
A draft UN Security Council resolution declares that Sunday's planned referendum on Crimea's status can have no validity and urges nations and international organizations not to recognize it, according to a copy obtained by Reuters.
President Cristina Fernandez, CFK, used the opportunity of Argentina at the rotating chair of the United Nations Security Council to demand an end to the veto power of its five permanent members (United States, Russia, China, Britain and France), and criticize the UK refusal to engage in Falkland Islands sovereignty discussions.
The United Kingdom reiterated on Tuesday that there can be no Falkland Islands sovereignty discussions with Argentina unless and until the Islanders so wish, because there are three parties to the debate: UK, Argentina and the Falkland Islands people.
President Dilma Rousseff ratified Latinamerica and Mercosur as Brazil’s foreign policy priorities, but at the same time emphasizing the ‘excellent relations’ with the United States and the European Union.
Argentina is strongly committed with multilateralism and trusts in the UN to reach a fair, peaceful and long lasting solution to the sovereignty dispute in the Malvinas issue, said Ambassador Maria Cristina Perceval during her Friday credentials presentation ceremony with Secretary General Ban Ki-moon.
Mercosur condemned the “disproportionate use of force” in Gaza and called on Israel and Palestinians for an immediate cease fire of the conflict that has already left al least forty people killed, mostly civilians.
Argentine Foreign minister Hector Timerman began Monday morning his round of contacts in New York to lobby for the release of the Navy’s training frigate retained in Ghana but suffered a first setback when he met with the president of the UN Security Council, Ambassador Gert Rosenthal.