International

International
Monday, April 25th 2016 - 05:39 UTC

Carnival retains cruise market leadership, but MSC is forecasted to double its share

 Carnival’s market share erosion is due to the expansion of the industry with aggressive new/building programs by the other major cruise companies

Carnival Corporation will retain its leading market share going forward, with more than 40% of the global cruise market by 2026, but down from 44.3% this year, according to the 2016/2017 Cruise Industry News Annual Report. Meanwhile, MSC Cruises will double its market share.

Monday, April 25th 2016 - 05:30 UTC

Belize-Guatemala incident reignites standing border dispute; OAS calls for a 'lasting peace'

Guatemala’s Defense Minister, Mansilla, was photographed on the Sarstoon River on Friday, after Guatemala deployed additional troops to the area

The Organization of American States, OAS, has called on the governments of Belize and Guatemala to avoid an escalation of tensions, and renew efforts to establish a lasting peace. The OAS statement follows a previous repudiating “the death of a Guatemalan minor [Julio Alvarado, 13] at the hands of a Belizean patrol”.

Sunday, April 24th 2016 - 08:26 UTC

International major effort to cooperate on tax issues and halt evasion and elusion

The Panama Papers could create a rare moment to break down secrecy, Robert Stack, a US Treasury Department deputy assistant secretary, said in New York.

The International Monetary Fund and the World Bank are joining forces with other international organizations to cooperate on tax issues and develop new tools and standards to halt tax base erosion and evasion.

Saturday, April 23rd 2016 - 11:00 UTC

Rousseff avoids the word 'coup' at the UN, but admits the grave moment Brazil is undergoing

Proclaiming that her “soul had been cleansed,” Rousseff said she was newly determined to lead Latin America’s largest country

With the prospect of an impeachment trial that can have her out of office next May, Brazilian president Dilma Rousseff appealed for international support on Friday during a visit to New York, broadcasting her claims that the campaign to oust her from office was little more than a coup d’état.

Saturday, April 23rd 2016 - 10:51 UTC

Rousseff's bid for international support backfiring

“In the past, coups were carried out with machine guns, tanks and weapons, today all you need are hands that are willing to tear up the Constitution”, said Rousseff

Brazilian president Dilma Rousseff from New York accused her political opponents as “coup mongers” and “conspirators” and insisted she would fight to the very end the impeachment process to remove her from office. But her attacks faced a solid defense in Brazil including from members of the Supreme Court who expressed concern the president was questioning Brazil's institutions before the world.

Saturday, April 23rd 2016 - 10:46 UTC

Treasury Secretary Lew praises Argentina for its reintegration to the global economy

Argentina’s successful final settlement is a testament to the sea change in policy under President Macri, said Treasury Secretary Lew

United States Treasury Secretary Jacob J. Lew celebrated Argentina's return to international markets and reintegration to the global economy, following the final settlement with holdout creditors, which it described as a major milestone not only for Argentina but for the global financial system.

Saturday, April 23rd 2016 - 10:26 UTC

Judge Griesa pleased and gratified the Argentine 15-year litigation with bondholders is over

Judge Griesa asked to make public note of the fact that it gave him the greatest pleasure to be able to exercise his discretion and lift the Injunction

US Federal Judge Thomas said on Friday it gave him the greatest pleasure to be able to exercise his discretion and lift the injunction against Argentina which impeded the payment on defaulted debt.

Saturday, April 23rd 2016 - 10:20 UTC

Qatar World Cup: FIFA's announcement on “Decent Working Conditions”

Infantino said the hosting of the FIFA World Cup is an opportunity to set a benchmark in terms of sustainable and fair conditions for all workers in Qatar.

The announcement by President Gianni Infantino of FIFA that it will establish an oversight body to monitor working conditions on World Cup stadium sites in Qatar shows that FIFA is beginning to take responsibility for those whose work is essential to the holding of the 2022 event.

Saturday, April 23rd 2016 - 07:56 UTC

Ban Ki moon message on Mother Earth Day 2016: Trees for the Earth

On this day, representatives of more than 170 countries are gathering at UN Headquarters in New York to sign the Paris Agreement on Climate Change.

This year, Earth Day coincides with the signing ceremony for the Paris Agreement on Climate Change, which takes place at UN Headquarters in New York. The Agreement was adopted by all 196 Parties to the United Nations Framework Convention on Climate Change at COP21 in Paris on 12 December 2015.

Saturday, April 23rd 2016 - 07:49 UTC

Di Caprio addresses the UN on Earth Day and to celebrate the Paris Agreement

“We can congratulate each other, but it will mean absolutely nothing if you return home to your countries and fail to push beyond the promises of this historic agreement.”

This year, the United Nations has decided to celebrate Earth Day, 22 April, in a very special way, by signing the Paris Agreement: a landmark climate change accord that came out of negotiations at the COP21 climate summit in Paris last December. This, of course, was extremely great news for climate advocates and ambassadors all over the world, including Oscar-winning actor and UN Messenger of Peace, Leonardo Di Caprio.

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