Barcelona have made a payment of 13.5 million Euros ($18.53 million) to the Spanish treasury, after they were charged last week with tax fraud in the signing of Brazil forward Neymar.
Pope Francis has taken his boldest step yet to overhaul the Vatican's scandal-plagued finances, creating a new department with broad powers to oversee all of its economic and administrative affairs, the Vatican announced on Monday. The Secretariat for the Economy will answer directly to the pope and will be headed by Australian Cardinal George Pell, currently the archbishop of Sydney.
Brazil and the European Union agreed on Monday to lay an undersea communications cable from Lisbon to Fortaleza to reduce Brazil's reliance on the United States after Washington spied on Brasilia.
Trade negotiations between the European Union and Mercosur could move quickly once a technical meeting next month has taken place, EU Commission President Jose Manuel Barroso said after a meeting on Monday with Brazilian President Dilma Rousseff in Brussels and the European Council president Herman Van Rompuy.
Center-left leader Matteo Renzi took office on Saturday as Italy's youngest prime minister, facing pressure to show immediate results after he forced out his predecessor over the slow pace of economic reforms.
The world's top economies have embraced a goal of generating more than 2 trillion dollars in additional output over five years while creating tens of millions of new jobs, while also promising more transparency in monetary policy to allay the concerns of emerging economies.
Organization of American States, OAS, Jose Miguel Insulza has suggested the participation of 'outside players' in Venezuela to try and lower the pressure and consequences of the current situation in the country. Insulza made the suggestion in a letter published by several newspapers from the region, but underlining that it is Venezuelans that must reach an understanding to overcome the situation.
A widespread slowdown in global economic productivity is threatening to usher in a new low-growth era, the Organisation for Economic Cooperation and Development has warned.
Spanish oil major Repsol said Friday that, as part of a preliminary compensation deal struck last year with the Argentine government for the seizure of its former unit, YPF, it will take a charge of 1.28 billion Euros (1.76 billion dollars) on its 2013 earnings.
Pope Francis received Friday in a private audience Brazilian President Dilma Rousseff, who formally invited the Argentine pontiff to visit her country during the World Cup soccer championship, which begins June 12.