Chinese exports have seen a further decline in July, adding to concerns over the global economic outlook. Exports fell by 4.4% compared to a year earlier, which was a slight improvement over June's 4.8% drop but still worse than analysts had been expecting. And imports were also weaker than estimated, down by 12.5%.
The United States Republican presidential candidate Donald Trump said on Monday he will slash taxes, block onerous financial regulations and unleash the energy sector as he pledged to “jump-start America” with a new economic plan if he is elected president.
United Nations Secretary General Ban Ki-moon applauded on Monday Argentina's commitment and strong partnership with the UN and its cooperation with other countries. Ban Ki-moon arrived in Buenos Aires from Paraguay and previously from Brazil where he was part of the inauguration of the Rio Olympic Games.
Most Argentines are pessimistic about the country’s economic situation, but they are continuing to stand by Let’s Change (Cambiemos) leader President Mauricio Macri, a new poll by the San Andrés University (UdeSA) has found.
The US economy added a stronger-than-expected 255,000 jobs in July, fuelling speculation that interest rates could rise before the end of the year. The figure was below June's upwardly revised figure of 292,000 jobs, but was far higher than analysts' forecasts of between 175,000 and 180,000. However US unemployment rate remained unchanged at 4.9%.
Celebrated Brazilian plastic surgeon Ivo Pitanguy has died at the age of 90, a day after passing the Olympic torch for the Rio Games. He died of a heart attack at home in Rio de Janeiro on Saturday, a spokeswoman said. On Friday, he had held the torch in the Rio neighborhood of Gavea, on the final leg of the Olympic relay.
Paraguay, Argentina and Brazil are considering the “demotion” of Venezuela's Mercosur full membership unless by next August 12 it complies with all conditions to hold such a position, according to the Brazilian media following a meeting of the three presidents in the sidelines of the opening of the Rio Olympic Games.
Venezuela announced it will not allow Argentina, Brazil and Paraguay, “the triple alliance” to storm the Mercosur pro tempore presidency, which the government of president Nicolas Maduro is fully exercising. Caracas also claimed that economic forces operating in the dark are interested in a Mercosur “implosion”.
The Falkland Islands Planning and Building Committee has granted permission to the Foreign and Commonwealth Office to undertake clearance of land mines (a technical assessment) at various sites around the Falklands.
The Evening Standard has published a brief summary of the book, “Power and Pragmatism”, which collects the memoirs of former foreign secretary Malcolm Rifkind, and there are some interesting passages referred to talks with Argentine officials about the future of the Falkland Islands.