On occasion of the World Oceans Day, international NGO Friend of the Sea calls both the shipping industry and consumers to take actions to prevent ship strikes
The Argentine authorities and IMF staff have reached an agreement on a 36-month Stand-By Arrangement (SBA) amounting to US$50 billion (equivalent to about SDR 35.379 billion or about 1,110% of Argentina’s quota in the IMF). This staff-level agreement will be subject to approval by the IMF’s Executive Board, which will consider Argentina’s economic plan in the coming days.
The United Nations celebrates World Oceans Day every year on June 8. As part of the celebrations, the Office of Legal Affairs, Division for Ocean Affairs and the Law of the Sea organizes several events and hosts a reception at United Nations Headquarters in New York City, where the Secretary-General’s Annual World Oceans Day Message is delivered and the winners of the Annual World Oceans Day Oceanic Photo Competition are announced.
Boris Johnson reportedly warned there may be a Brexit “meltdown” in comments made at a private dinner this week. The UK foreign secretary also referred to the Treasury as the “heart of Remain”, according to a report by Buzzfeed.
Theresa May has been fighting to keep her Brexit plans on track despite a Cabinet row over proposals for the Irish border and a potential revolt in the Commons. The UK’s proposals for a “backstop” arrangement for the border between Northern Ireland and Ireland are to be published “shortly”, although Brexit Secretary David Davis understood to have concerns about some of the details.
The Falkland Islands Director of Natural Resources John Barton confirmed this week that exchange of fisheries data will resume “in short order” following the resumption of fisheries talks with Argentina last month. Mr. Barton confirmed that proposals for joint research cruises are being drawn up and another meeting has been scheduled to take place in London in late 2018.
Immigration to Uruguay, Argentina and Chile has exploded exponentially in recent years. It is receiving an “unprecedented” daily requests for refuge in the southern country, according to the Director of Human Rights and Humanitarian Law of the Uruguayan Ministry of Foreign Affairs, Dianela Pi, who explained to MercoPress that “There are acts of discrimination and xenophobia that are emerging in Uruguay as never before” as a result of the migratory phenomenon. This wave comes mostly from citizens of Venezuelan origin.
Queen Maxima of the Netherlands is mourning the loss of her younger sister Inés Zorreguieta, who has passed away at the age of 33. Local Argentine media have reported that Inés died of an apparent suicide. She was found at her home on Wednesday night in Buenos Aires. Inés, who worked for the government, is believed to have suffered from depression and mental health issues.
The Brazilian currency has fallen to its lowest level against the dollar in more than two years, amid rising investor worries over recent economic and political turmoil. The Real is down 14% this year, near its lowest levels since March 2016. On Wednesday in New York, the dollar bought 3.8534 Reais, versus 3.8087 Reais late Tuesday.
Trade union membership in the United Kingdom has dropped by a quarter among under-30s since the turn of the century, according to figures from the Trades Union Congress. As the TUC marks its 150th anniversary, the union body has revealed the number of people under 30 who are members of a trade union has fallen from just over 20% in 2001 to 15% in 2017.