International

• Monday, November 23rd 2015 - 08:31 UTC

  Most of FIFA's 209 member associations secretive about their finances says TI

  

  A new report from Transparency International says most of FIFA’s 209 member associations publish little or no information about how they spend millions of dollars from world football’s governing body. Highlighting the potential for corruption, the study into the governance structures of the federations questions what the FAs do with the more than $1m they each received from FIFA in 2014.

• Monday, November 23rd 2015 - 08:16 UTC

  Worst effects of European recession risk becoming permanent

  

  The worst effects of the European recession risk becoming permanent in places, according to a left-leaning think tank. The IPPR's latest report pointed to the high level of unemployment and underemployment across Europe and said the chances of these becoming entrenched is “deeply alarming”. It said there was 10% unemployment and a 5% underemployment rate in Europe.

• Saturday, November 21st 2015 - 08:30 UTC

  UN Security Council authorizes “all necessary measures” to fight ISIS

  

  The UN Security Council on Friday (Nov 20) authorized countries to “take all necessary measures” to fight the Islamic State in Iraq and Syria (ISIS) group in a resolution that won unanimous backing a week after the Paris attacks.

• Saturday, November 21st 2015 - 08:20 UTC

  EU and Mercosur will propose WTO an accord to end agriculture export subsidies

  

  The European Union and Brazil representing Mercosur (Argentina, Brazil, Paraguay and Uruguay), are proposing the World Trade Organization agree to end agricultural export subsidies at a meeting next month. The proposal backers also include New Zealand.

• Saturday, November 21st 2015 - 07:20 UTC

  Le Boreal cruise passengers will be leaving Falklands over the weekend

  

  The Falkland Islands Government confirmed on Friday that travel arrangements are now in place for the crew and passengers who were evacuated from the stranded cruise Le Boreal on Wednesday 18th November, to return home. Two flights have been coordinated, one departing Saturday and the following on Sunday.

• Friday, November 20th 2015 - 10:16 UTC

  BHP Billiton and Vale face civil lawsuit of US$ 3.69bn over dam collapse in Brazil

  

  A BHP Billiton and Vale joint venture in Brazil is facing its first civil lawsuit over the dam collapse at its iron ore mine on November 5 that buried a town and contaminated the region's main river.

• Friday, November 20th 2015 - 07:47 UTC

  Goldman Sachs forecasts another miserable year for commodities in 2016

  

  A slowdown in China, which gobbled up raw materials everywhere from Australia to Chile, exacerbated a supply glut in most major commodities. And Goldman Sachs thinks the pressure is likely to persist as it noted its underweight position in commodities for the next 12 months.

• Friday, November 20th 2015 - 07:24 UTC

  Ten US cities selected to host the Copa America Centenario next June

  

  The one-off Copa America Centenario will be played in 10 cities across the United States next summer. On Thursday, U.S. Soccer and CONCACAF, soccer's regional governing body, announced the final venues winnowed down from the list of two dozen interested markets released in January.

• Friday, November 20th 2015 - 07:10 UTC

  Chile's football association chief turns in to US authorities as part of the ongoing FIFA probe

  

  The president of Chile's ANFP national football association Sergio Jadue has gone to the United States to talk to the FBI as part of its ongoing probe into corruption at soccer governing body FIFA, Santiago media reported.

• Friday, November 20th 2015 - 05:48 UTC

  UK Export Finance extends US$ 500m credit to debt-strapped Petrobras

  

  Brazil's oil company Petrobras has concluded negotiations with international export credit agencies (ECAs) for a total of US$1.84bn. According to a company statement. The financing will contribute towards its fundraising efforts for 2016.