US stocks climbed on Tuesday pushing the S&P 500 to a new intraday record, after weaker-than-expected job creation last month validated expectations the Federal Reserve will maintain its economic stimulus into next year.
European Union member states agreed to impose punitive duties on imports of biodiesel from Argentina and Indonesia, which are accused of selling it into the bloc at unfairly low prices, according to diplomats. Argentina has anticipated it will take the case to the World Trade Organization.
Cuba is to scrap its two-currency system in the latest financial reform rolled out by President Raul Castro, official media report. Since 1994 Cuba has had two currencies, one pegged to the US dollar and the other worth only a fraction of that. The more valuable convertible peso (CUC) was reserved for use in the tourism sector and foreign trade. Now its value will be gradually unified with the lower-value CUP, ending a system resented by ordinary Cubans.
Europe Minister David Lidington repeated the UK’s commitment to the people of Gibraltar in a speech to a packed Gibraltar Day reception in the Guildhall in London. Lidington spoke of the close ties that continued to bind the City of London and the UK to Gibraltar.
Chile’s controversial anti-terrorism law became a major talking point for presidential candidates as the country nears elections after front-runner Michelle Bachelet spoke out against the law’s application in a widely publicized arson case which resulted in two deaths.
An agreement has been signed by INTERPOL and the Rio 2016 Organizing Committee for the world police body to provide additional support to the Brazilian authorities in ensuring the safety and security of the event.
Former president Lula da Silva described the street protests that have shaken Brazil as something 'good and healthy' and said demands reveal that the Brazilian people have discovered that it is possible to aspire for more, although when as a union leader he marched I didn't destroy public or private property.
Uruguay and Brazil have concluded their proposals to present to the European Union and are waiting for Argentina and Paraguay, in the framework of current negotiations, delayed for years, to reach a free trade and cooperation agreement between the two blocs.
Paraguayan president Horacio Cartes will be visiting Uruguay next 25 October to meet with his peer Jose Mujica and a month later will be flying to the Vatican to visit Pope Francis, November 25, announced Foreign minister Eladio Loizaga.
Punta Arenas in the extreme south of Chile is expecting over a hundred international calls this coming 2013/14 cruise season, which could reach over 150 including Puerto Natales and the domestic cruise lines, according to local authorities.