FIFA elected on Friday Gianni Infantino to replace disgraced president Sepp Blatter in an unexpected turn of events. UEFA secretary general Gianni Infantino defeated expected frontrunner Sheikh Salman Bin Ebrahim Al Khalifa of Bahrain, former FIFA vice president Prince Ali Bin Al Hussein of Jordan and former FIFA executive Jerome Champagne.
Brazilian miner Vale SA put its prime assets on the block on Thursday after taking the biggest loss in decades, but analysts said the target to make $10 billion in 18 months was unrealistic and expressed concern a fire sale could destroy equity value.
French oil company Total has started up production at the offshore Vega Pleyade gas and condensate field in the Tierra del Fuego region of Argentina. Operated by Total, the project will have a production capacity of 10 million cubic meters of gas per day (70,000 barrels of oil equivalent per day (boe/d)).
The International Monetary Fund (IMF) said the global economy has weakened further and warned it was highly vulnerable to adverse shocks and the weakening has come amid increasing financial turbulence and falling asset prices.
French government has been trying to defuse the week-long protests by farmers over the collapsing prices of agriculture including cereals, milk and vegetables.The depression of prices is partly due to EU agriculture ministers, who have come under pressure from the French government to ease Russian trade sanctions and to remove excess meat and dairy products off the European market.
Freezing winds are continuing to hamper the rescue of 68 people from an Australian icebreaker ship stranded in Antarctica. Aurora Australis was on a supply mission to Mawson Station when it broke its mooring and ran aground in Horseshoe Harbour on Wednesday.
Britain has protested to Spain after a Spanish warship “manoeuvred dangerously” during an incursion into British Gibraltar territorial waters, risking collision with a Royal Navy patrol boat.
Petrobras corruption investigation keeps gobbling Brazilian president Dilma Rousseff former cabinet members, but also political figures from other leading political parties. On Wednesday the Supreme Court authorized formal investigations into Rousseff’s former chief-of-staff, as well as the mayor of the country’s largest city and an opposition senator, for potential corruption.
Penguins in addition to being stealthy swimmers and keen hunters, unique video footage has revealed a dark side: a video camera attached to the back of a gentoo penguin swimming off the Falkland Islands captures a violent underwater scuffle where penguins steal food right out of each other’s beaks.
Greenpeace celebrates the 'incredible' news that Iceland has cancelled the fin whale hunt for the current season and underlines that nowadays “there is simply no place for commercial whaling” plus the fact that Iceland and Japan have stockpiles of unwanted whale meat.