Rio do Janeiro state police said Monday they arrested the head of the soccer world governing body's hospitality provider, accusing him of aiding scalpers who illegally resold World Cup tickets worth an estimated 100 million dollars.
China’s growth will moderate over the medium term as the economy continues to rebalance gradually. Growth is expected to slow to 7.6% in 2014, and 7.5% in 2015, from 7.7% in 2013, according to the World Bank’s China Economic Update latest edition.
The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, has sided with Argentina in the holdout hedge funds litigation arguing on the need to establish an international mechanism that would allow for the resolution of conflicts of interest caused by sovereign defaults:
A “Top Ten” list identifying the food-borne parasites of greatest global concern has been released by FAO, and new guidelines are being developed to control them. The parasites affect the health of millions of people every year, infecting muscle tissues and organs, causing epilepsy, anaphylactic shock, amoebic dysentery and other problems. Some can live on in our bodies for decades.
The FAO Food Price Index was down for a third consecutive month in June, a decline mostly influenced by lower wheat, maize and palm oil prices that reflected ample supplies and improved global production prospects for these commodities.
Pope Francis on Monday morning “humbly” asked six clerical sex abuse victims for forgiveness for the “grave crimes of clerical sex abuse” committed against them. The Pope made his comment to the victims in a homily delivered at mass in the Domus Santa Marta, his Vatican residence.
The United States is tightening border controls so that if your cell-phone is out of power the next time you fly to the US from overseas, you might have to leave it behind.
Latin American ambassadors to the United Nations (UN) and Uruguay's Vice-president Danilo Astori showed their support to Argentina in its dispute against holdout hedge funds. They agreed that the so-called 'vulture funds' are a risk to debtor nations and that they pose a threat to the region.
Global economic activity should strengthen in the second half of the year and accelerate in 2015, although momentum could be weaker than expected, IMF chief Christine Lagarde said, hinting at a slight cut in the Fund's growth forecasts.
World football governing body FIFA has revealed that the son of Argentina Football Association (AFA) president Julio Grondona, Humberto, must present a report explaining his actions following a scandal over the resale of tickets at the 2014 World Cup.