Following the first round of presidential elections in Argentina on Oct. 25, which the ruling party won by a lower-than-expected margin, credit rating agency Moody's Investors Service upgraded on Monday the country's debt rating to stable from negative.
The Australian government has provided the first look at Australia's new icebreaker, a ship it says will offer scientists unprecedented and extended access to the Southern Ocean and Antarctica.
The President of the International Committee of the Red Cross (ICRC), Peter Maurer, met on Monday with representatives of the authorities of the United Kingdom and of the Falkland Islands to discuss a process seeking to identify the remains of a number of unidentified Argentine soldiers buried at Darwin cemetery in Falklands/Malvinas Islands.
Chinese manufacturing has contracted for the third month in a row, according to the government's latest factory survey. The Purchasing Managers' Index (PMI) showed a reading of 49.8 for October, unchanged from last month. A figure below 50 indicates that factory activity contracted.
Lower costs from regulatory fines have contributed to higher profits for HSBC. Pre-tax profit at Europe's biggest lender jumped 32% from a year ago in the third quarter, beating analysts' expectations. Profit reached $6.1bn, up from $4.6bn in the same period a year earlier and above forecasts of $5.2bn.
Australia will no longer appoint knights and dames under its honours system, Prime Minister Malcolm Turnbull announced, arguing that the titles were not appropriate in modern Australia, and that Queen Elizabeth had accepted the cabinet's recommendation to drop them.
Brazil and the European Union have reportedly settled biosecurity-related arrangements that will allow the passage of sport horses in and out of Rio de Janeiro for next year’s Olympics. However, details of any deal have yet to be posted on website of the Olympic Public Authority in Brazil, or the main Games website, Rio2016.com. Details of the deal are expected to be released this week.
Minister of State of the Foreign Office, Baroness Anelay marks International Day to End Impunity for Crimes against Journalists and remembers the threat facing journalists. A free media plays a vital role in a functioning democracy said the Baroness in her message.
Marking the International Day to End Impunity for Crimes against Journalists, United Nations Secretary General Ban Ki-moon honoured journalists and media workers who were killed in the line of duty for merely ‘reporting the truth’ and is underscoring the importance of protecting their rights and ensuring they can report freely.
As China establishes itself as the world’s second largest economy and top trading nation, its currency, the renminbi (RMB), is also gaining popularity around the world. According to the People’s Bank of China’s 2015 Renminbi Internationalization Report, the RMB was the world’s 5th most used payment currency, the 2nd most used trade finance currency, and the 6th most traded currency in 2014.