Ecuador signed an agreement with Italy to define the tax obligations of the citizens of the two countries, in order to avoid double taxation on income taxes and equity and prevent tax evasion, the Ecuadorian Foreign Ministry said.
Philippines President Rodrigo Duterte acknowledged he skipped an evening event at the recent Asia-Pacific Economic Cooperation (APEC) summit in Lima to avoid having to shake hands with Barack Obama. In a speech published Tuesday in a Manila newspaper, Duterte made it clear his absence had not been due to a an upset stomach, but rather a move to avoid an awkward situation.
Donald Trump officially announced his plan Tuesday to nominate ExxonMobil CEO Rex Tillerson as secretary of state, a pick that could pose complications in the confirmation process due to Tillerson's ties to Russia. Tillerson, 64, has no government or diplomatic experience but has done extensive work overseas on behalf of his petroleum company.
The traditional British fish supper could be replaced by the likes of squid as the waters around the UK's shores grow warmer, say government scientists. Squid and other fish that thrive in warmer waters, such as sardines and anchovy, are flourishing around the North Sea, according to fisheries data. Squid are now being caught at 60% of survey stations in the North Sea, compared with 20% in the 1980s, but the likes of cod are heading north, away from British waters.
Latin American and Caribbean exports are expected to fall approximately US$50 billion, or 6%, in 2016, a lower contraction rate than the 15% observed in 2015. This relative improvement was mainly due to a rebound of commodity prices, according to a report conducted by the Inter-American Development Bank (IDB) using detailed data for 24 countries in the region. The value of total exports should reach US$850 billion in 2016.
Cuba and the Eurpean Union Monday signed in Brussels their first cooperation agreement, which will be from now on the legal basis of the link between the island and the 28 EU countries.
Argentina's priority as chair of Mercosur which it will officially take over this week will be to advance negotiations with the European Union for a wide ranging trade agreement which will not include Venezuela, anticipated foreign minister Susana Malcorra .
Portugal's António Guterres was sworn in Monday as the ninth U.N. secretary-general. The United Nations needs to be nimble, efficient and effective, Guterres told member states. It must focus more on delivery and less on process; more on people and less on bureaucracy, he said.
China's battle for recognition as a market economy that would help it avoid penalties from key trade partners has been thwarted, as a key clause in Beijing's deal to join the WTO expired on Sunday.
The Falkland Islands government has issued a release relative to the meeting held last Friday, in Geneva, chaired by the Red Cross to address the identification of Argentine soldiers buried at the Falkland' Darwin cemetery. Falklands' lawmaker, MLA Mike Summers was in attendance for these talks as part of the UK delegation.