
China has received a downgrade on its credit score, on worries about the future state of the economy. Moody's Investors Services brought down China's long-term local currency and foreign currency issuer ratings by one notch to Aa3 from A1, a move that could lead to a rise in the cost of borrowing for the Chinese government and state-owned enterprises. The ratings agency also changed its outlook for China to stable from negative.

Scotland won a record number of investments from overseas in 2016, although growth was substantially lower than the previous year. There were 122 foreign direct investment deals done over the course of last year, up from 119 in 2015.

Experience Latin America, which takes place from June 12-14, will feature 130 different suppliers from the region – a 10% increase compared with last year.

Global food commodity prices fell in April amid expectations of ongoing robust supplies of many key staples. The FAO Food Prices Index averaged 168 points in April, down 1.8% from March although remaining 10% higher than a year earlier.

A warning about an increase in violence against physicians and a general disrespect for medical and health institutions in both civil and conflict situations has come from the Chair of the World Medical Association Dr. Ardis Hoven.

Nineteen people have been killed and more than 50 injured in a suspected terror attack at Manchester Arena. The blast happened at 22:35 BST on Monday following a pop concert by the US singer Ariana Grande.

French financial prosecutors have launched an investigation into a 6.7 billion euro (US$7.5 billion) 2008 contract between naval supplier DCNS and Brazil that included the sale of five submarines, it was reported on Sunday in Paris.

Asia-Pacific trade ministers agreed to try to revive a massive free trade pact, even though the United States reaffirmed its decision to pull out, as fears grow of a new global era of protectionism. The 12-nation Trans-Pacific Partnership (TPP) covered 40% of the global economy before US President Donald Trump abruptly abandoned it in January, to meet a campaign pledge to save American jobs which he says have been sucked up overseas.

Nearly forty Parliamentarians from eleven Commonwealth countries and territories (including Falkland Islands) are meeting in Gibraltar in order to discuss the impact of the decision taken in the United Kingdom to leave the European Union, among other current issues.

President Michel Temer faced new pressure to resign Friday, after Brazil’s supreme court said prosecutors are investigating him for obstruction of justice and corruption, and a government witness claimed his company paid US$1.5 million to Temer in bribes. A day after the release of surreptitious audio recordings in which Temer seemed to condone a criminal cover up in the “Car Wash” investigation, the court released testimony accusing him of soliciting illegal payments from meatpacking firm JBS.