China's exports and imports fell sharply in March, adding to recent indicators pointing to a slowdown in the world's second-largest economy. The country's exports fell by 6.6% in March when compared with the previous year, while imports dropped by 11.3% in the same month, when compared with the same time last year.
United States beef shipments to Japan may drop after the largest Asian buyer inked this week a deal with Australia to begin reducing import tariffs as early as next year, the Japanese agriculture ministry said.
UK interest rates have been held at their record low of 0.5% for another month by the Bank of England. On Thursday the Bank also kept the size of its bond-buying stimulus program unaltered at £375bn. No changes had been expected to either rates or the bond-buying measure, despite recent evidence that the UK economy is continuing to recover.
The Venezuelan government formally invited today the Vatican Secretary of State, Cardinal Pietro Parolin, to join the exploratory talks with the opposition as “mediator of good will” in order to find a solution to the violent situation in the country.
Gibraltar Chief Minister Fabian Picardo met with top officials from Malta this week during a two day visit focused on building links with the island state. The officials included Foreign affairs minister George Vella, Speaker of the Maltese Parliament Angelu Farrugia and Financial Services and Gaming Minister Albert Isola.
Catalonia President Artur Mas said he would forge ahead with his region's plans to hold a referendum on independence in November after Spain's parliament overwhelmingly rejected the petition. After a seven-hour debate in Madrid, and despite heavy support for the separatist movement in the wealthy northeastern region, 299 lawmakers voted against, 47 voted for and one abstained.
In a letter addressed to two Argentine humanists living in Sweden, Pope Francis deeply regretted the murder of an 18-year-old who was beat to death by a group of Rosario citizens after he had allegedly stolen a woman’s purse. “The worst that can happen to us is to forget about that scene,” the pontiff said.
China loaned 102 billion dollars to Latin America between 2005 and 2013, mainly to Venezuela and Argentina, while Mexico seems to be going the same way, according to a release from the Global Economic Governance Initiative which depends from the University of Boston.
Renewable energy's share of world electricity generation continued its steady climb last year despite a 14% drop in investments to 214.4 billion dollars, according to a new report released on Monday and produced by the Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance, the United Nations Environment Program (UNEP) and Bloomberg New Energy Finance.
HMS Portland on Atlantic patrol, became the first Royal Navy Ship to visit São Tomé and Príncipe in 29 years when she anchored off the islands for a two day visit. The last Royal Navy Ship to visit the former Portuguese colony was the survey vessel HMS Herald in 1985. Prior to that, the last recorded visit of a Royal Naval Warship was in 1889.