The International Monetary Fund has named as its new chief economist Maurice Obstfeld, an academic and White House economic adviser known for his work on money flows and international finance.
Three executives of Brazil's Camargo Correa group were convicted of money laundering, corruption and other charges, the first construction-industry executives to be sentenced in a giant price fixing and bribery scandal involving state-run oil company Petrobras.
Cristina Fernandez son, Maximo Kirchner, lawmaker candidate for the Victory Front took time on Monday to comment on presidential hopeful Mauricio Macri’s Sunday speech, after his candidate Horacio Rodriguez Larreta won in the Buenos Aires City’s runoff by a much closer margin than expected.
Environment Ministers from the UK Overseas Territories (OTs) and Crown Dependencies (CDs) gathered together for the first time ever in Gibraltar’s Garrison Library last week to consider the environmental challenges facing the Territories.
Leaders of British Overseas Territories will gather in Bermuda this week ahead of the Joint Ministerial Council. It’s the second time Bermuda has hosted the precursor of the JMC that will be held in London later in the year, reports the Royal Gazette. The Falkland Islands will be represented by Roger Edwards, Member of the Legislative Assembly.
U.S. Secretary of State John Kerry on Monday called the restoration of diplomatic relations with Cuba a new beginning but said many differences remain between the two nations and warned that the full normalization of ties will be a long process. He spoke hours after ceremonies were held in Havana and Washington to mark the restoration of ties after more than five decades of hostility.
A British comedian disrupted a news conference by Sepp Blatter on Monday, showering the FIFA president with fake money. As Blatter took his seat, performer Simon Brodkin rose from a front-row seat to confront him.
The latest Mercosur summit, held last week in Brazil included a special statement, --besides the main regular declaration with 69 articles--, blasting the UK for violating international law and Argentine domestic law over the exploration of hydrocarbons in the Argentine continental shelf in proximity of the Malvinas Islands.