Obama and Rousseff agree their nations are 'natural partners' and working on an 'upward trajectory'

“I believe that this visit marks one more step in a new more ambitious chapter in the relations between our countries,” Obama said. “I believe that this visit marks one more step in a new more ambitious chapter in the relations between our countries,” Obama said.

President Barack Obama and visiting Brazilian President Dilma Rousseff sought Tuesday to cast their nations as “natural partners” collaborating closely on critical issues like climate and regional diplomacy, glossing over recent tensions over spying that have strained relations between the first and seventh world economies.

Greece in IMF 'arrears'; it will default when it misses commercial payment

S&P’s said it would designate Greece as being in default, if it cannot make payments to private creditors: ie €2 billion in Greek Treasury bills due 10 JulyS&P’s said it would designate Greece as being in default, if it cannot make payments to private creditors: ie €2 billion in Greek Treasury bills due 10 July

Greece on Tuesday became the first developed country to join a roster that includes some of the world’s poorest and worst governed nations, including Iraq, Sudan, Somalia and Zimbabwe. Those are a few of the countries that have missed payments to the IMF as Greece did Tuesday, when it failed to make a loan payment of about 1.5 billion Euro...

Falklands will continue to develop its legitimate oil industry as it moves from exploration to production

Falklands' people have “the unequivocal right to develop our natural resources as we see fit, including the development of a hydrocarbons industry” (Pic EPA)Falklands' people have “the unequivocal right to develop our natural resources as we see fit, including the development of a hydrocarbons industry” (Pic EPA)

The Falkland Islands government has no doubts about its right to licence legitimate offshore oil and gas exploration activities in accordance with Falklands' legislation and will continue to support the hydrocarbons industry as it moves from successful exploration towards oil production.

EU leaders warn Greeks the referendum vote means “yes or no to the Euro zone”

Greek Prime Minister Alexis Tsipras has urged a 'no' vote but insists he wants Greece to stay in the Euro zoneGreek Prime Minister Alexis Tsipras has urged a 'no' vote but insists he wants Greece to stay in the Euro zone

European leaders have warned Greeks that rejecting creditors' proposals in a snap referendum called for Sunday would mean leaving the Euro. German Vice Chancellor Sigmar Gabriel said the vote would be “yes or no to the Euro zone”.

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