As China establishes itself as the world’s second largest economy and top trading nation, its currency, the renminbi (RMB), is also gaining popularity around the world. According to the People’s Bank of China’s 2015 Renminbi Internationalization Report, the RMB was the world’s 5th most used payment currency, the 2nd most used trade finance currency, and the 6th most traded currency in 2014.
The United Kingdom and Brazil reaffirmed on Friday their support for the success of the European Union/Mercosur Association agreement negotiations in the framework of the eighth meeting of the UK-Brazil Joint Economic and Trade Committee (JETCO) which emphasizes bilateral cooperation and initiatives.
Cardiff South and Penarth MP Stephen Doughty has become the shadow minister responsible for Africa, South Asia and the Falkland Islands, reports Walesonline. The Labour MP takes on the role at a time when the UK is responding to the migrant crisis in North Africa and tensions have heightened between Britain and Argentina over the future of the Falklands, the Islands which he plans to visit early next year.
Venezuela will allocate $480 million to upgrade its Sukhoi fighter jets from Russia. President Nicolas Maduro just authorized the payment of $480 million so that the service life of our Sukhoi planes and continue to fulfill their duty and give protection to the Venezuelan airspace, Venezuelan Defense Minister Vladimir Padrino Lopez was quoted, by Moscow's Sputnik news agency on Thursday.
The 34th meeting of the Commission for the Conservation of Marine Living Resources closed Friday in Hobart, Tasmania with the unexpected emergence of China as a supporter for a revised Ross Sea MPA. The Antarctic and Southern Ocean Coalition (ASOC) described the Commission’s slow progress to live up to its conservation responsibilities as “challenging”.
Chinese conglomerate Shanghai Pengxin Group has been on a buying spree ever since it entered New Zealand in 2011. The food giant has bought 29 farms through local subsidiaries to become the country's third largest dairy producer.
The World Health Organization, WHO, has received a number of queries, expressions of concern and requests for clarification following the publication of a report from the International Agency for Research on Cancer (IARC) relating to processed meat and colorectal cancer.
China has decided to end its decades-long one-child policy, the state-run Xinhua news agency reports. Couples will now be allowed to have two children, it said, citing a statement from the Communist Party. The controversial policy was introduced nationally in 1979, to slow the population growth rate.
Uruguayan President Tabaré Vázquez put his old profession as physician to use helping revive a young French allergic woman on a flight to Paris, according to a report on the Montevideo weekly Busqueda. The incident occurred last Monday.
The fight against tuberculosis is paying off, with this year’s death rate nearly half of what it was in 1990. Nevertheless, 1.5 million people died from TB in 2014. Most of these deaths could have been prevented, according to the World Health Organization’s Global Tuberculosis Report 2015, which was released on Wednesday in Washington, DC.