Stories for July 21st 2015

Tuesday, July 21st 2015 - 05:49 UTC
White House advisor, expert in stimulus next IMF chief economist

The International Monetary Fund has named as its new chief economist Maurice Obstfeld, an academic and White House economic adviser known for his work on money flows and international finance.
Tuesday, July 21st 2015 - 05:42 UTC
Three Brazilian top executives convicted in relation with Petrobras corruption

Three executives of Brazil's Camargo Correa group were convicted of money laundering, corruption and other charges, the first construction-industry executives to be sentenced in a giant price fixing and bribery scandal involving state-run oil company Petrobras.
Tuesday, July 21st 2015 - 05:24 UTC
Maximo Kirchner and Macri clash over Sunday's election in Buenos Aires

Cristina Fernandez son, Maximo Kirchner, lawmaker candidate for the Victory Front took time on Monday to comment on presidential hopeful Mauricio Macri’s Sunday speech, after his candidate Horacio Rodriguez Larreta won in the Buenos Aires City’s runoff by a much closer margin than expected.
Tuesday, July 21st 2015 - 05:18 UTC
UK Territories’ Environment Ministers chart a course for a sustainable future

Environment Ministers from the UK Overseas Territories (OTs) and Crown Dependencies (CDs) gathered together for the first time ever in Gibraltar’s Garrison Library last week to consider the environmental challenges facing the Territories.
Tuesday, July 21st 2015 - 05:00 UTC
Falklands attends Bermuda pre-meeting of BOT's Joint Ministerial Council

Leaders of British Overseas Territories will gather in Bermuda this week ahead of the Joint Ministerial Council. It’s the second time Bermuda has hosted the precursor of the JMC that will be held in London later in the year, reports the Royal Gazette. The Falkland Islands will be represented by Roger Edwards, Member of the Legislative Assembly.
Tuesday, July 21st 2015 - 04:43 UTC
Cuba and US on a 'new beginning', but 'profound differences' persist

U.S. Secretary of State John Kerry on Monday called the restoration of diplomatic relations with Cuba a “new beginning” but said many differences remain between the two nations and warned that the full normalization of ties will be a long process. He spoke hours after ceremonies were held in Havana and Washington to mark the restoration of ties after more than five decades of hostility.
Tuesday, July 21st 2015 - 04:33 UTC
Despite incident, defiant Blatter won't leave FIFA until after successor is elected February 26

A British comedian disrupted a news conference by Sepp Blatter on Monday, showering the FIFA president with fake money. As Blatter took his seat, performer Simon Brodkin rose from a front-row seat to confront him.
Tuesday, July 21st 2015 - 04:28 UTC
Falklands' oil industry: Mercosur special declaration in support of Argentina's Malvinas dispute

The latest Mercosur summit, held last week in Brazil included a special statement, --besides the main regular declaration with 69 articles--, blasting the UK for violating international law and Argentine domestic law over the exploration of hydrocarbons “in the Argentine continental shelf in proximity of the Malvinas Islands”.