State-run newspaper Granma reported that Cuba would release 3,522 prisoners three days ahead of the September 19-22 visit by Pope Francis. However Cuban officials, who officially deny that the country has political prisoners, said they would not release inmates convict of crimes against state security.
The Queen of Gibraltar and the Rock’s evacuation generation were honoured on National Day Thursday by thousands of Gibraltarians who crammed into Casemates Square dressed in red and white.
The global economy faces a financial bubble from central banks pumping cash into economies, Germany's finance minister has warned. The comments come after the European Central Bank (ECB) said it would extend its stimulus program if needed.
Argentine president Cristina Fernández has formally accepted an invitation by her Cuban counterpart Raul Castro to attend a mass Pope Francis will deliver in the Plaza de La Revolucion in Havana on September 20.
As the Federal Reserve gets ready to debate its interest rate policy stance next week, a poll released Thursday finds a strong majority of US voters surveyed want central bankers to refrain from boosting short-term interest rates, and to instead concentrate on using monetary policy to further boost the job market.
The National Geographic Society sold its iconic yellow-bordered magazine and other media assets to Rupert Murdoch's 21st Century Fox for $725 million, the companies announced Wednesday. National Geographic Society, which found the magazine in 1888, has chosen to sell the publication amid slumping circulation and advertising sales.
Fundamedios, an Ecuadorian organization that defends freedom of expression, is now the one in need of defense, as it faces state-mandated closure. On Tuesday, September 8, its directors reported that they had received a letter from the National Communications Secretariat (Secom), which informed them of the beginning “of the dissolution process” against the institution.
A day after Standard & Poor’s slashed Brazil’s credit rating to junk, the Brazilian Real lost close to 2% by the end of the day to 3.865 per dollar—its weakest level since 2002. In an effort to stem the decline, Brazil’s central bank injected $1.5 billion into the financial system Thursday.
President Cristina Fernández called on Brazil’s former president Lula da Silva to become Argentina’s “ambassador” to help it join the group of emerging countries known as BRICS, acronym for Brazil, Russia, India, China and South Africa. Lula is currently campaigning in support of incumbent presidential candidate Daniel Scioli, and the so called 'Kirchner' model that 'transformed Argentina'.
The United Nations General Assembly has approved a resolution put forward by Argentina regarding sovereign debt restructuring, which seeks to limit the movement of speculative funds in influencing such actions.