The US Senate confirmed on Thursday Stanley Fischer to be vice chairman of the Federal Reserve and approved Jerome Powell and Lael Brainard as members of the central bank's board, bolstering the Fed as it prepares to wind down its extraordinary stimulus.
A small party from Atlantic patrol tasking (South) HMS Portland have made a pilgrimage to First Mountain as part of a week of commemorations in the Falkland Islands to those who made the ultimate sacrifice in the 1982 conflict.
The Government of Gibraltar has signed its first power purchase agreement for the provision of renewable energy. The agreement, which is with Eco Wave Power, is for the provision of an initial 0.5MW energy device on the eastside of the Rock.
China will be holding this year's World Meat Congress in Beijing, an event traditionally hosted by meat producing and exporting countries. However the significance of the world's second largest economy and its booming demand for meat have made it the right place for the 14/16 June conference.
World Bank lowered its 2014 growth forecasts for the global economy but said advanced economies' rebound from a rough start would help offset stagnation in developing countries. Most of the pick-up in growth this year will come from high-income countries, particularly the United States and the 18-nation Euro zone, the World Bank said in its twice-yearly Global Economic Prospects report.
The International Monetary Fund (IMF) launched on Wednesday the Global Housing Watch, a webpage (www.imf.org/housing) dedicated to featuring its analysis on housing markets across the world. The page will provide a one-stop shop for the Fund’s Global House Price Index and other data on housing indicators.
FIFA's 209 member federations have overwhelmingly rejected proposals for age limits and term of office limits. Delegates at the FIFA Congress meeting in Sao Paulo booted out the plan that formed part of the recommendations to revamp FIFA's governance.
President Dilma Rousseff said Tuesday her country was ready to host the World Cup in two days, rejecting criticism of delays, overspending and chaos in the tournament's preparations. However organizing the cup was tough, but she insisted that the 12 stadiums were ready and told foreign fans that Brazil would welcome them with open arms like Rio's Christ the Redeemer statue.
Days after reports that US/Puerto Rican singer Jennifer Lopez had canceled her performance with Pitbull and Brazilian singer Claudia Leitte at Thursday opening ceremony in Brazil, her representative retracted and said that she will be there, People magazine reported.
Argentine President Cristina Fernández had strong words for the UK government, as she headed on Tuesday the inauguration of the Malvinas Museum at the ex-ESMA detention centre, where thousands were illegally held prisoners and tortured during Argentina’s 1976-1983 military dictatorship.