Commemorations are being held today in the Falkland Islands to mark the ending of the Falklands War, which ended 34 years ago after 74 days of Argentine occupation. Liberation Day as it is officially known in the Falklands is commemorated every year on the 14th June in the Islands and is a national holiday.
Venezuelan President Nicolas Maduro's allies asked the Supreme Court on Monday to block a bid to call a referendum on sacking him, accusing the opposition of fraud. The move casts doubt on the recall vote sought by the opposition, which accuses the high court of pro-Maduro bias and has clashed with it repeatedly since winning control of congress in December.
There is no animosity, said Argentine Foreign Minister Susana Malcorra after meeting with Pope Francis in Rome on the sidelines of an event sponsored by the United Nations, just days after the pontiff publicly rejected a multi-million-peso “donation” from the administration of President Mauricio Macri destined for the pope’s Scholas Occurrentes program.
The European Central Bank bought 348 million Euros of corporate bonds in the first three days of such purchases last week, it said on Monday, as part of its 1.74 trillion Euro scheme to revive growth and inflation. The figures are at the upper end of analyst predictions, indicating a strong start for the program and suggesting that the ECB was keen to show it can buy significant volumes.
Mauricio Macri's ruling coalition, Let's Change suffered its first electoral defeat since winning the presidential runoff last November, at a mayoral competition in the city of Rio Cuarto, Córdoba province last Sunday.
One of Venezuelan top opposition leader on Monday launched a tour of Latin American countries to rally support for his side in its bid to remove President Nicolas Maduro from office. Henrique Capriles, a senior figure in the opposition MUD coalition, was in Paraguay, Argentina and planned to move on to Brazil.
Domestic supplies of corn and soybeans will be tighter than expected in the United States as problems with crops in Brazil and Argentina have raised demand for U.S. supplies from overseas buyers, the U.S. Agriculture Department. In its latest monthly supply and demand report, the government cut its new-crop and old-crop ending stocks outlooks for both corn and soybeans by more than analysts had forecast.
Petrobras’s oil production in Brazil averaged 2.16 MMboe/d in May, its fifth highest monthly figure to date. The growth was due mainly due increases from the company’s pre-salt fields, with new wells connected to the FSPO Cidade de Maricá serving the Lula field in the Santos basin.
UK exit from the European Union would be “a disaster” that would risk creating “an economic and social rift” between Gibraltar and the neighbouring region in Spain, the Cross-Frontier Group said in a report published by the Gibraltar Chronicle. The group’s president, Ángel Serrano, warned that Brexit posed a serious risk to employment and investment on both sides of the border.