Economic activity in Brazil fell more quickly than expected in June, central bank data showed on Wednesday, adding to evidence that the once-booming economy is suffering a painful recession. The Brazilian central bank's IBC-Br economic activity index fell 0.58% in June from the prior month, the bank said in a report released on Wednesday.
Funds for decommissioning fishing vessels during 2015 have increased by 12.9 million Euros to 23.2m Euros, according to what was reported by the Xunta of Galicia (north-west Spain) Ministry of Rural and Marine Affairs.
The US Food and Drug Administration (FDA) has approved a libido-enhancing drug for women that has been dubbed Female Viagra. Flibanserin, a drug produced by Sprout Pharmaceuticals, recently passed an FDA advisory committee meeting.
Representatives of Colombia's largest guerrilla movement have asked to meet Pope Francis in Cuba in September and have requested the Catholic Church name a permanent delegate to their peace negotiations with the government.
American Airlines which has operated charter flights to Cuba since 1991, said on Tuesday that it plans to begin charter services between Los Angeles and Havana on Dec. 12. But by that time, the U.S. and Cuban governments may be ready to allow scheduled airline flights between the two countries, a practice not allowed for more than a half-century.
It would take at least US$120 million and more than 100,000 people to clean up the Sargassum seaweed that has created “an international crisis” and “the greatest single threat” to the Caribbean, according to Vice Chancellor of the University of the West Indies (UWI) Sir Hilary Beckles.
Scotland, Canada, Chile and Norway will work together to promote and grow the aquaculture industry sustainably. The four countries are the world's main exporters of farmed salmon.
China stocks continued their sell-off on Wednesday following a 6% plunge in the previous session. The benchmark Shanghai Composite opened down 2.7% at 3,646.75 points on Wednesday before sliding further to register a 5% loss by mid-morning. The index closed down 6.1% at 3,749.12 points on Tuesday, its biggest daily decline since July 27.
Honorary FIFA vice president Chung Mong-Joon says he will clean the sport of football if elected president of FIFA. Chung blames the previous president Sepp Blatter for the recent corruption scandals which have cast shadows over the sport and its organizing body.
Toyota and John Deere have said they will halt work at plants near China's port of Tianjin where huge explosions last week killed more than 100 people. Toyota's production lines will be closed until the end of Wednesday while John Deere suspended work indefinitely.