The managers of “Uruguay Reefer”, the vessel adrift in the South Atlantic after she suffered massive water ingress finally sunk 210 NM outside the Falkland Islands Conservation Zone at 6.000 meters of water.
UK's inflation rate rose last month to its highest since September 2013, official figures show. Inflation now stands at 2.7% - up from 2.3% in March - and above the Bank of England's 2% target. The main reason was higher air fares, which rose because of the later date of Easter this year compared with 2016.
A new decision in the European Court of Justice could complicate Theresa May’s task of securing a post-Brexit trade deal with the EU. The Luxembourg-based court has ruled that a free trade deal reached with Singapore in 2013 must be ratified by member states.
One of Jeremy Corbyn's key allies, Unite boss Len McCluskey, has said he cannot see Labour winning the election. A Labor victory on 8 June would be “extraordinary” given the state of the party and criticism of it in the media. He suggested winning 200 seats - nearly 30 fewer than in 2015 - would be a “successful” result for Mr. Corbyn.
Argentina is a great producer of food commodities and is capable of feeding 400 million people, president Mauricio Macri said addressing in Beijing the One Belt One Road, OBOR, international cooperation summit, the Chinese initiative to promote peace and trade, which convened 29 world leaders from all continents.
Chinese President Xi Jinping pledged US$124 billion for his ambitious new Silk Road plan to forge a path of peace, inclusiveness and free trade, and called for the abandonment of old models based on rivalry and diplomatic power games.
The Brazilian government discards any “irregularities” in allowing British military aircraft, flying to or from the Falkland Islands, landing in its airports since the authorizations are humanitarian motivated, revealed a source from the Brazilian government to the Argentine news agency, Telam.
In his first major decision, newly inaugurated French President Emmanuel Macron has named conservative lawmaker Edouard Philippe as prime minister. Philippe has been the mayor of Le Havre, a port city in the Normandy region of northern France, since 2010 and became a member of parliament for the region two years later.
JP Morgan, the US investment bank, has bought a new office building in Dublin that can accommodate up to 1,000 staff. The bank said the purchase reflected its thriving existing business in Dublin, where it employs 500 staff, however the new office may provide space for hundreds of JP Morgan workers that it plans to relocate from London following the Brexit decision.
France's new president, Emmanuel Macron, has called for a historic reconstruction of Europe, saying it is the only reaction to fight populism. Speaking in Berlin on the first full day of his presidency, he was joined by German Chancellor Angela Merkel, who said the pair had a joint conviction that they needed to deepen the European Union.