UK inflation was weaker than expected in February easing some of the squeeze on households' spending power but doing little to change bets on a Bank of England rate rise in May. Official data showed consumer prices rose by an annual 2.7% last month, the weakest increase since July of last year and down from a rise of 3.0% in January.
The ashes of Professor Stephen Hawking will be interred next to the grave of Sir Isaac Newton at Westminster Abbey, it has been revealed. The renowned theoretical physicist final resting place will also be near that of Charles Darwin, who was buried there in 1882. Prof Hawking, who had motor neuronal disease, died on 14 March, aged 76, at his home in Cambridge.
European officials said this week that significant obstacles remain to a long-delayed trade deal between the European Union and Mercosur, even as South American officials expressed optimism a deal would be finalized soon.
President Donald Trump congratulated Russian President Vladimir Putin on his re-election during a phone call on Tuesday and the two leaders agreed to hold talks soon. “We will probably get together in the not-too-distant future, so we can discuss arms, we can discuss arms race.” Trump told reporters before an oval office meeting with Crown Prince Mohammad bin Salman of the Kingdom of Saudi Arabia.
IMF Managing Director Christine Lagarde at the conclusion of the Group of 20 (G20) Finance Ministers and Central Bank Governors meeting in Buenos Aires, reiterated praise for Argentina president Mauricio Macri gradual economic policies, and called on the need for reform in the more advanced economies to ensure sustained, solid growth.
Argentine foreign minister Jorge Faurie is expected this Wednesday in Congress to outline president Macri administration's current policy towards the Falkland Islands, mainly negotiations on air links and South Atlantic fisheries conservation.
Vladimir Putin has said he is open to constructive dialogue with other states after being re-elected president of Russia with an increased majority. Saying there would be no arms race, he promised to cut defense spending.
UK and EU have agreed on a “large part” of the agreement that will lead to the “orderly withdrawal” of the UK. Negotiators Michel Barnier and David Davis said the deal on what the UK calls the implementation period was a “decisive step” in the Brexit process, although some of the issues still to be resolved include the Northern Ireland border.
The world must race to avert disastrous loss of water supplies, Brazil's President Michel Temer told a conference Monday, after the UN said some 5.7 billion people may run short of drinking water by 2050.
Peru's embattled President Pedro Pablo Kuczynski said on Monday he was confident of surviving an impeachment vote later this week. I know that Thursday will be fine, the conservative leader said in a speech in the Amazonian city of Iquitos.