The euro tumbled on Monday in Tokyo following the results in a referendum held in Italy on Sunday to decide whether Prime Minister's Matteo Renzi's plan to reform the Constitution should be carried out. After conceding defeat, Renzi announced he would be submitting his resignation to President Sergio Mattarella on Monday. The referendum results raised political uncertainty at continental level.
Independent candidate Alexander Van der Bellen, a pro-EU left wing who preached moderation, has won Austria's presidential election on Sunday over right-wing populist Norbert Hofer. A former leading member of the Green Party, Van der Bellen was the hope of Austrians who wanted to stop Hofer, a leader of the anti migrant and anti EU Freedom Party.
The Euro skidded to a 20-month low after Italian Prime Minister Matteo Renzi said he would resign following a stinging defeat on constitutional reform that could destabilize the country's shaky banking system. Renzi's defeat deals a body blow to the European Union already reeling under anti-establishment anger that led to the shock exit of UK from the club in June this year.
Italian voters have dealt a serious defeat to the government of Prime Minister Matteo Renzi. In a referendum Sunday, they rejected Renzi's proposed constitutional reforms, which would have changed the balance of power between the executive and Parliament.
New Zealand Prime Minister John Key surprised his country, announcing that he would be resigning in a week's time. Key, who is also leader of the National Party, made his decision public at a press conference on Monday local time.
Diplomats from the Malvinas Desk of the Argentine Foreign ministry have travelled to Geneva for crucial meetings later this week with their British, Falklands counterparts and Red Cross members to reach a definitive agreement on the DNA tests for the identification of the remains of Argentine combatants buried in the Darwin cemetery, following the 1982 conflict, reports Clarin.
The Argentine registered vessel “La Sanmartiniana” is reported to have reached Puerto Deseado, Santa Cruz province on Sunday, following a full week's sailing from Stanley, where it had left on Sunday 27 November. Militants and local authorities lined up at the port to celebrate her arrival.
Falkland Islands elected government has announced the following program for Thursday 8th December 2016 to commemorate the victory of the Naval engagements of 8th December 1914, on which day 6 British sailors lost their lives and a number of others died later from injuries received during the battle. 2,260 German sailors also lost their lives.
The Patagonia territories of Chile and Argentina, Aysen region and Santa Cruz province are under yellow alert since Saturday evening given the growing seismic activity of the Hudson volcano. The alert is specifically referred to the towns of Los Antiguos and Perino Moreno, Argentina and the Chilean communes of Aysen, General Carrera, Rio Ibañez and Chile Chico in the Aysen Region.
China's Pingtan Marine has announced the launch of two new squid jiggers, bound for the southwest Atlantic and southeast Pacific oceans. The two newly-completed vessels should reach fishing grounds by late December, and sales of squid catches are then expected to begin in the first quarter of 2017.