
Britain again categorically rejected any Falkland Islands sovereignty negotiations with Argentina and reiterated that London’s position on the issue “has not changed at all”. However “as has been standing policy”, the UK is always ready to discuss issues of common interest in the South Atlantic.

The Argentine Government said it “deplores that, in a regrettable act of arrogance, the United Kingdom claims to have the authority to ‘put an end’ to the unresolved conflict regarding the Malvinas Islands sovereignty, a case that is currently being recognized by the United Nations.”

Spain has told the United Nations Committee of 24 (C24) that despite the “impasse afflicting the Brussels process”, Madrid's goodwill allows regional co-operation with Gibraltar and UK to continue under the Tripartite Forum.

The Bank of England’s Monetary Policy Committee voted Thursday to maintain the official Bank Rate paid on commercial bank reserves at the record low 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion.

Spain's dealings with Gibraltar have the overriding objective of recovering sovereignty over the Rock, Spanish Foreign Minister Trinidad Jiménez told parliament in Madrid this week.

United Kingdom Prime Minister David Cameron announced on Wednesday his support for Ban Ki-moon's candidacy for a second term as Secretary General of the United Nations. Ban Ki-moon announced his candidacy for re-election on Monday. His first term ends on 31 December 2011.

The International Monetary Fund backed the British government's plans to reduce the budget deficit, but said tax cuts or more quantitative easing may be needed if growth proves persistently weak.

UK Defence Secretary Dr Liam Fox played host on Tuesday to his French counterpart in London to exchange the ratified Defence and Security Co-operation Treaty between the two countries.

Argentine ambassador before United Nations Jorge Argüello is scheduled to give a conference this week in Bangkok, Thailand on the ‘Malvinas Islands issue” and the South Atlantic situation.

United Kingdom Chancellor George Osborne stands by his financial policies, in spite of figures which show the UK economy has shrunk by 0.5 percent and concerns Britain is facing a recession.