As the United States Federal Reserve debates the timing of its first interest rate hike since 2006, International Monetary Fund (IMF) Managing Director Christine Lagarde is urging central banks to cooperate on policy moves.
Spain’s Socialist opposition leader Alfredo Perez Rubalcaba has stepped down after his party suffered its worst election result on Sunday's ballot for the European Parliament. Socialists lost nine European parliament seats, while the the ruling conservative People’s Party lost eight.
Brazil's World Cup squad were forced to avoid a group of 200 striking teachers on Monday as they headed for their tournament base camp against a backdrop of public anger over the cost of staging the event.
University of North Carolina-Chapel Hill has fired the 70-year-old physics professor who was arrested in 2012 after flying to Argentina to meet the woman who he thought was a former Miss Bikini World and instead was arrested by drug agents after getting entangled in a scheme to smuggle two kilos of cocaine.
Argentina's Planning minister Julio De Vido guaranteed publicly on Monday that there will be no gas cuts next winter (21 June), while Energy Secretary Daniel Cameron described the situation as the best in the last four years.
Argentina's Economy Minister Axel Kicillof has assured that progress has been made with creditors in the Paris Club as the politician left Monday evening for France in preparation for talks with the financial institution over restructuring Argentina's debt, estimated in 9.5bn dollars.
Latin America has two open wounds, the Malvinas Islands and Bolivia's sovereign outlet to the Pacific, said Bolivian vice-president Alvaro Garcia Linera in Mendoza, Argentina where he was awarded an 'Honoris Causa” for his commitment to regional integration and inclusion.
Bolivia has agreed to pay 31.7 million dollars to British electric utility Rurelec as compensation for the 2010 nationalization of its controlling stake in power producer Empresa Electrica Guaracachi, 10 million less than the amount determined by an arbitration tribunal, the Attorney General's Office said.
The victory of Britain’s euro-skeptic UK Independent Party in European elections broke the traditional British bipartisanship for the first time in over a century. UKIP party swept to victory riding a tide of Euro-skepticism and anxiety about immigration to beat Prime Minister David Cameron's Conservatives and the opposition Labor party.
A global leader-board in the race to protect workers’ rights was released at the ITUC World Congress in Berlin. The ITUC Global Rights Index ranks 139 countries against 97 internationally recognized indicators to assess where workers’ rights are best protected, in law and in practice.