Wednesday, November 25th 2015 - 07:03 UTC

Macri names top UN official as Argentina's next Foreign Minister

 In a statement, Ban lauded Malcorra, saying she had been at his side “during one of the busiest and most turbulent periods in the history of the UN”

President-elect Mauricio Macri has tapped a top United Nations official to be Argentina's next foreign minister. Macri announced on his Facebook page on Tuesday that he picked Susana Malcorra, Cabinet chief for U.N. Secretary General Ban Ki-moon since 2012.

Wednesday, November 25th 2015 - 00:18 UTC

UK and insurance industry committed to ensure compliance with illegal fishing regulations

MMO and FCO are targeting not just those directly involved in illegal fishing, but all individuals and companies who derive economic benefit from the practice

The Foreign and Commonwealth Office (FCO) and the Marine Management Organization (MMO) co-hosted a workshop on ensuring global compliance with illegal, unreported and unregulated (IUU) fishing regulations, demonstrating the UK’s continued lead in the fight against illegal fishing.

Tuesday, November 24th 2015 - 14:53 UTC

Summit of gas exporting countries opened in Tehran with nine leaders attending

Presidents of Iran, Russia, Venezuela, Iraq, Bolivia, Equatorial Guinea, Nigeria, Turkmenistan are currently in Teheran

A landmark summit of the Gas Exporting Countries Forum (GECF) has opened in the Iranian capital Tehran with the participation of the heads of nine member states. Presidents of Iran, Russia, Venezuela, Iraq, Bolivia, Equatorial Guinea, Nigeria, Turkmenistan as well as the Algerian prime minister are the key participants.

Tuesday, November 24th 2015 - 13:56 UTC

Biggest pharmaceutical deal in history criticized by US political presidential hopefuls

The takeover could allow Pfizer to escape relatively high US corporate tax rates by moving its headquarters to Allergan's Dublin base.

US drugs giant Pfizer has sealed a deal to buy Botox-maker Allergan for $160bn in what is the biggest pharmaceuticals deal in history. The takeover could allow Pfizer to escape relatively high US corporate tax rates by moving its headquarters to Allergan's Dublin base.

Tuesday, November 24th 2015 - 11:47 UTC

Argentine election: the Kirchners' Falklands policy has backfired spectacularly

 In December 2011, the other Mercosur countries agreed, at her urging, to close their ports of ships flying the Falkland Islands flag.

By Dr Alasdair Pinkerton - For the first time in 12 years, the new occupant of the Casa Rosada, the presidential palace in Buenos Aires, will no longer bear the surname Kirchner.

Tuesday, November 24th 2015 - 10:24 UTC

China prepared to intensify strategic partnership with Argentina

“The China-Argentina comprehensive strategic partnership has been developing smoothly in recent years”, underlined the foreign ministry spokesperson

China congratulated Mauricio Macri on Monday for winning Argentina's presidential election and underlined the comprehensive strategic partnership.

Monday, November 23rd 2015 - 10:42 UTC

Unfair to claim China sparked a 'currency war', argues India's central bank

It’s unfair to blame the Yuan devaluation, currencies were already declining due to “unconventional monetary policies” of some nations, said Raghuram Rajan

”It’s unfair to pin the blame on the August 11 Yuan devaluation because currencies were already declining due to the “unconventional monetary policies” of some nations, Raghuram Rajan was cited as saying in an interview with the SCMP.

Monday, November 23rd 2015 - 09:39 UTC

China's Yuan to be included in IMF's SDR basket of currencies

President Xi Jinping welcomed consensus that inclusion would increase the representation of the SDR and improve the international monetary system

The inclusion of the Chinese currency in the International Monetary Fund's special drawing rights (SDR) basket is long awaited, long overdue and, finally, all but a foregone conclusion.

Monday, November 23rd 2015 - 08:46 UTC

China cracks on 'underground banks' to combat corruption and capital outflows

More than 370 people have been arrested or face lawsuits or other punishment in the case centered in eastern Zhejiang province, the People’s Daily reported

China said it cracked the nation’s biggest “underground bank,” which handled 410 billion Yuan (USD64 billion) of illegal foreign-exchange transactions, as the authorities try to combat corruption and rein in capital outflows that have hit records this year.

Monday, November 23rd 2015 - 08:31 UTC

Most of FIFA's 209 member associations secretive about their finances says TI

Transparency Int. researched FA websites to source details on financial accounts, governing statutes, conduct codes and annual activity reports.

A new report from Transparency International says most of FIFA’s 209 member associations publish little or no information about how they spend millions of dollars from world football’s governing body. Highlighting the potential for corruption, the study into the governance structures of the federations questions what the FAs do with the more than $1m they each received from FIFA in 2014.


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