
US stocks fell more than 2% on Friday, dragging the Dow Jones into negative territory for the year after a dismal US jobs report added to fears that Europe's spiralling debt crisis was dragging down the world economy.

United States will reiterate at the coming OAS General Assembly that the Falklands/Malvinas Islands difference is a bilateral issue to be resolved between Argentina and the UK, which means the US delegation, will not take position in a possible declaration in support of Argentina.

Argentine Ambassador to US Jorge Argüello stated on Wednesday that the best way to reach a more balanced trade with the US is increasing Argentine exports to that country and clarified that Argentina has no plans to buy less, but rather selling more goods.

Mitt Romney clinched the US Republican presidential nomination on Tuesday with a resounding victory in Texas and now faces a five-month sprint to convince voters to trust him over Democratic President Barack Obama in the November 6 election.

OAS secretary general Jose Miguel Insulza believes US Secretary of State Hillary Clinton will miss the Organization of American States General Assembly because of “agenda problems” and not over discrepancies on the issues to the addressed.

Almost three decades after Fidel Castro took power, Cuba's budding intelligence service fielded four dozen double agents in a world-class operation under the nose of the CIA, according to a new book by a veteran CIA analyst.

Indonesia has stopped imports of US beef, following a case of mad cow disease that was detected in California, reports Farming News Daily. Indonesia Agriculture Minister Suswono said the government had no time frame, but said the suspension applied to all beef shipped after April 24.

US President Barack Obama has warned of hard days ahead at a Nato summit in Chicago dominated by the issue of withdrawal from Afghanistan. France's new President Francois Hollande has again said he will pull French troops out by the end of 2012, nearly two years ahead of schedule.

The US mega-bank JPMorgan Chase & Co loss from derivatives trading may widen to 5 billion dollars, the Wall Street Journal reported on Friday. CEO Jamie Dimon personally approved the strategy that led to the trades, without monitoring how they were executed, the newspaper said.

Billionaire Warren Buffett's company is making another foray into US newspapers, agreeing to buy 63 newspapers from Media General Inc for 142 million dollars.