
“We are really moving ahead and we have committed to President Macri that we will do the best we can in order to move expeditiously and efficiently in order to change the perception about Argentina and the perception that people have about our role,” Ms Lagarde said in Russia.

Spanish opposition parties have launched a fierce campaign to end the conservative government of Mariano Rajoy after courts ruled that his Partido Popular profited from a large kickbacks-for-contracts scheme. The Socialist opposition announced a vote of no confidence against the prime minister with the backing of anti-establishment and left-wing parties, while the pro-business Ciudadanos (Citizens) – which had supported the conservative minority government until now – urged Mr Rajoy to call a fresh election.

Chancellor Philip Hammond has criticized claims from European Union officials that Britain has a “fantasy” approach to Brexit negotiations. Mr Hammond insisted that talks with EU officials were “constructive” after reports from the continent that Britain was being “unrealistic” and little progress made in discussions in recent days.

BYD, China’s biggest electric vehicle maker by sales, signed a 2.5 billion Brazilian real (US$ 689 million) deal this week to build a monorail system in Brazil’s Salvador city, the firm said. It’s the company’s biggest overseas monorail investment yet, according to a company spokesperson. Construction will start on the 20-kilometer route this year, and it’s expected to begin operations in 2021.

South Korea and Mercosur agreed to begin formal negotiations for a trade deal in the latter half of this year to facilitate commerce and investment, the Seoul government said on Friday. South Korea signed an agreement to launch the negotiations with four Mercosur member states -- Brazil, Argentina, Paraguay and Uruguay -- during a ceremony held in Seoul. Mercosur expelled Venezuela in 2016 for failing to meet its basic standards.

United Kingdom's Health and Social Care Secretary Jeremy Hunt has signed a Memorandum of Understanding with the Argentine Government to work together against antimicrobial resistance (AMR) in the environment.

A Spanish court has issued hefty prison sentences for politicians and business people involved in a kickbacks-for-contracts scheme that helped fund Spain’s governing party. The National Court’s decision is a major blow for Spanish Prime Minister Mariano Rajoy’s Partido Popular, fined 245,000 Euros because it benefited from the illegal scheme that was in place between 1999 and 2005.

Japan is encouraging more countries from Central and South America to join the reworked Trans-Pacific Partnership trade pact, in hopes of both capturing the potential of these markets and pressuring the U.S. to return to a framework it left last year.

Most voters are in favor of the Union but believe Brexit has made the break-up of the United Kingdom more likely, polling has found. In England, 68% of adults backed the UK status quo followed by 66% in Wales, 59% in Northern Ireland and 52% in Scotland, according to the ICM research. But across the four nations, up to six out of 10 voters said Britain’s exit from the European Union had increased the prospect of the UK splitting up.

Manchester United has again been named most valuable European football club, being worth about €3.25bn (£2.9bn) says business services group KPMG. The English club tops KPMG's study of top sides' enterprise value, ahead of Real Madrid and Barcelona.