Iran rejected on Tuesday an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply, dashing market hopes the two major OPEC producers would find a compromise this week to help ease a global glut of crude.
A cross party group of politicians in Northern Ireland have won the right to mount a legal challenge over Brexit. They argue the Good Friday Agreement and peace process means there must be a Parliamentary vote if Northern Ireland is to leave the EU.
Brazilian Senator Gleisi Hoffmann and her husband, Paulo Bernardo Silva, who both served in the ousted government of former President Dilma Rousseff, were indicted on Tuesday by the Supreme Court on corruption and money laundering charges in the Petrobras graft investigation.
Alicia Machado says that when she gained weight after being crowned Miss Universe for 1996, Donald Trump labeled her with a sexist nickname — “Miss Piggy” — that caused her shame and humiliation. Two decades later, Machado’s dealings with Trump, her one-time beauty pageant boss, are reverberating through the 2016 campaign as the Republican businessman and reality TV star seeks the White House.
The World Trade Organization Tuesday lowered its global trade forecast, warning that anti-globalization rhetoric and Brexit were pushing trade growth to its slowest pace since the financial crisis. The warning comes as talks on a landmark free trade deal between the European Union and the United States faces stiff opposition and Britain’s EU exit causes jitters.
The United States has tapped Jeffrey DeLaurentis, United States' top diplomat in Havana, to become the first official ambassador to Cuba in five decades. The appointment of an ambassador is a commonsense step forward toward a more normal and productive relationship between our two countries, President Barack Obama said in a statement.
United States Secretary of State John Kerry met Venezuelan President Nicolas Maduro on Monday, the first formal encounter between the two since Kerry became the top U.S. diplomat. The two sat down together after a ceremony in the Colombian city of Cartagena de Indias to mark the signing of a peace agreement to end a 52-year armed conflict.
North Patagonia in Argentina is suffering the worst drought is 17 years which has meant the loss of 1.8 million sheep, since 2007, and so far this year rainfall has been 45% below the historic average.
Argentine president Mauricio Macri signed an executive order on Tuesday under which foreign tourists will receive a refund of the value-added tax, or VAT, paid on hotel services in an effort to attract more visitors to Argentina and boost tourist businesses.
A medical doctor by training, Antonio Palocci was Brazilian former president Luiz Inacio Lula da Silva's finance minister and a key player in the 2002 election campaign that put the union and PT (Workers Party) leader in the presidential seat.