She called it, simply, the worst moment of her life. It came in March 1982 during the days before the Falklands War, after Argentina established an unauthorized presence on Britain's South Georgia island amid talk of a possible invasion of the Falklands, long held by Britain. Prime Minister Margaret Thatcher realized there was little that Britain could do immediately to establish firm control of the contested islands, and feared Britain would Read more [...]

(BUENOS AIRES, Argentina) — It’s been a decade since Argentina tarnished its reputation worldwide and became an economic misfit by engaging in the biggest sovereign debt default in history, yet it is still haunted by the old bonds. Although Argentina’s government restructured nearly all of the debt defaulted in the 2001 economic crisis, President Cristina Fernandez finds herself in a bitter U.S. court fight with holdout creditors that has raised the threat of severe financial Read more [...]