International

• Wednesday, July 13th 2016 - 02:30 UTC

  Beijing rejects adverse international ruling on South China Sea islands and maritime space

  

  China has firmly rejected an international tribunal ruling that its claims to rights in the South China Sea have no legal basis. President Xi Jinping said China's “territorial sovereignty and marine rights” in the seas would not be affected by the ruling “in any way”, however he added that Beijing was still “committed to resolving disputes” with its neighbors.

• Wednesday, July 13th 2016 - 01:57 UTC

  Downing Street legend welcomes Theresa and says good bye to the Camerons

  

  Britain's new leader Theresa May will move into her official residence at 10 Downing Street Wednesday as Prime Minister David Cameron moves out, but one member of his team is staying put: Larry the cat. The brown and white tabby is deemed to be a government worker and will continue to live at the famous address even after his boss packs his bags, officials said.

• Tuesday, July 12th 2016 - 07:13 UTC

  “Brexit means Brexit and we're going to make a success of it”, pledges Theresa May

  

  Home Secretary Theresa May promised to build a “better Britain” and to make the UK's EU exit a “success” after she was announced as the new Tory leader and soon-to-be PM. Speaking outside Parliament, Mrs. May said she was “honored and humbled” to succeed David Cameron, after her only rival in the race withdrew on Monday.

• Monday, July 11th 2016 - 07:24 UTC

  IMF lowers Euro Zone growth prospects because of Brexit and extended risk aversion

  

  The International Monetary Fund has cuts its economic growth forecasts for the Euro zone in the wake of the UK's vote to leave the European Union. The Euro zone is now expected to grow by 1.6% this year and 1.4% in 2017.

• Monday, July 11th 2016 - 07:21 UTC

  US employment rebounds strongly during June

  

  US economy created 287,000 jobs in June, rebounding strongly from disappointing growth in May. The figure was much stronger than forecast, and the dollar and yields on US government bonds rose in the belief a US rate rise was now more likely.

• Monday, July 11th 2016 - 07:16 UTC

  Lord Prescott admits Iraq war was “illegal” and a “catastrophic decision”

  

  John Prescott, who was deputy prime minister when Britain went to war with Iraq in 2003, says the invasion by UK and US forces was “illegal”. Writing in the Sunday Mirror, he said he would live with the “catastrophic decision” for the rest of his life.

• Monday, July 11th 2016 - 06:20 UTC

  The Pound beats the Argentine Peso as worst performing currency in 2016

  

  The pound has beaten the Argentine peso to become 2016's worst performing currency after it plunged to a 31-year low in the aftermath of the decision to leave the EU. Sterling dipped below US$1.30 for the first time since 1985 in the second week after the European referendum.

• Monday, July 11th 2016 - 06:12 UTC

  Disenchantment with Trump and Hillary makes room for an alternative candidate, shows Reuters/Ipsos poll

  

  A public opinion poll from Ipsos, contracted and publishes by Reuters shows that United States citizens demand for an alternative to the two main presidential candidates has surged since the last election, underscoring the unpopularity of Republican Donald Trump and Democrat Hillary Clinton.

• Monday, July 11th 2016 - 06:07 UTC

  Brazilian army take to the streets in a display of force in anticipation of the Olympic Games

  

  Brazilian soldiers were on the streets last Saturday, checking out spots around the city that will get intense security when the Rio de Janeiro Olympics open in under four weeks. Armored vehicles and trucks carrying troops were accompanied by soldiers decked out in camouflage gear and matching helmets, with rifles slung over their shoulders. The soldiers covered the city, from Copacabana Beach to the central train station and the renovated port area.

• Monday, July 11th 2016 - 05:12 UTC

  Raw sewage and super-bacteria off Rio beaches threaten Olympic water competitions

  

  A group of Brazilian scientists has just discovered a drug-resistant super-bacteria growing off some of Rio de Janeiro’s beaches, with less than a month to go until the 2016 Olympic Games officially commence, which will be hosted by the city from August 5.