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Current Edition
Tuesday, May 24th 2016 - 05:25 UTC

Francis resumes dialogue in the Vatican with the higherst authority of Sunni Islam

Al-Azhar froze meetings in 2011 after taking offence at some comments made by  Pope Benedict: “repetitive and negative statements” about Muslims.

Francis has met the grand imam of Cairo's al-Azhar mosque after a five-year pause in dialogue between the Roman Catholic Church and the mosque, the highest authority of Sunni Islam. Sheikh Ahmed al-Tayeb visited the Vatican en route to a Paris conference involving Muslims and Catholics.

Tuesday, May 24th 2016 - 05:16 UTC

Meirelles on Tuesday will announce spending cuts to contain a huge fiscal deficit

Speaking in São Paulo Meirelles said the short- and long-term measures will be aimed at helping pull Brazil's economy out of its worst recession in decades.

Brazil's government on Tuesday will announce spending curbs and other measures to reduce its rising debt burden and contain a fiscal deficit as it seeks to regain the confidence of investors, Finance Minister Henrique Meirelles said.

Tuesday, May 24th 2016 - 05:08 UTC

Brazilian Justice warns government should not interfere in trials and recommends transparency

“It is not appropriate for me to speak since I don't yet know all the details, but in matters of the justice system there should be no interference by the government”

Brazilian federal judge hearing the Petrobras case, Sergio Moro, avoided commenting Monday on the voice recording in which a minister of acting-President Michel Temer suggests ways to end the investigation into corruption at the state-run oil company Petrobras, but warned that the government should not interfere in trials, which are the responsibility of the justice system.

Tuesday, May 24th 2016 - 00:49 UTC

Infantino admits public opinion “views FIFA with skepticism”, following Scala's resignation

FIFA congress in Mexico gave the Council control over appointing and dismissing members of the governing body’s independent compliance and ethics committees.

FIFA president Gianni Infantino admits “the public view FIFA with skepticism” after a series of corruption scandals. But in answer to critics who say a recent move has weakened efforts to reform FIFA, he said “from now on the focus should be on our actions and deeds, rather than on premature conclusions and speculation.“

Monday, May 23rd 2016 - 14:29 UTC

Brexit and Bank of Japan easing described as major risks at G7 finance and central banks meeting

The meeting itself saw contentious positions between Japan and the US on the topic of further BOJ easing.

The G7 finance ministers and central bank governors concluded their 2-day meeting in Sendai, Japan on Sunday. The discussion of international event and banking risk has set the stage for issues to be discussed at the larger G7 leaders’ summit starting on the 26th.

Monday, May 23rd 2016 - 14:09 UTC

Hundreds of thousands in 500 cities worldwide protest against Monsanto

According to the March Against Monsanto (MAM) group, people in around 500 cities held peaceful protests against the corporation’s policies

Hundreds of thousands of people have demonstrated in nearly 50 countries around the globe to protest against the US mega producer company of genetically engineered (GE) seeds Monsanto, saying the corporation’s modified food and chemical herbicides pose grave threats to health.

Monday, May 23rd 2016 - 12:14 UTC

Argentina, one of Brazil´s main foreign policy priorities, anticipated Serra who is expected in Buenos Aires

Malcorra and Serra spoke on the phone soon after Temer took office in Brazil.

Argentina will be one of the main priorities for Brazil’s interim government under President Michel Temer, declared foreign minister José Serra who is expected this Monday in Buenos Aires for his first overseas trip. He is also anticipated a review and redraw of Mercosur plus agreements with the US, European Union and Japan.

Monday, May 23rd 2016 - 11:28 UTC

What does the next OPEC meeting have in store?

The new Saudi oil minister, Khalid al-Falih, will attend his OPEC meeting, but experts doubt he will have the same clout as outgoing  Ali bin Ibrahim Al-Naimi.

The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran. The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels.

Monday, May 23rd 2016 - 11:16 UTC

Paul McCartney ends his tour thanking his Argentine fans for a great week

Paul playing in Cordoba where he filled a stadium with 55.000 fans

Paul McCartney at the end of his latest Argentine tour, in Cordoba and La Plata, thanked all his fans for a great week and for being so loyal. In a brief message, from Time 4 Fan, the former Beatle who has played in Argentina several times underlined that “we always like it in Argentina, because they like us”, and because “it really helps us when we see that you like it: it inspires us to do better, Thanks Argentina”.

Monday, May 23rd 2016 - 11:13 UTC

Limited street protests against Temer's government in Sao Paulo and Rio

Organizers estimated 2,000 people participated in the demonstration. In Rio de Janeiro, about 1,000 protesters staged a march calling for Temer to resign.

Thousands of demonstrators took to the streets of Brazil's two biggest cities Sunday to protest acting President Michel Temer, trying to keep up pressure on his interim administration only 10 days after he was sworn in. A march in Sao Paulo was heading toward Temer's residence, but police blocked roads near the house, and the interim president left for the capital of Brasilia hours earlier.

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