International

• Tuesday, July 7th 2015 - 07:01 UTC

  Greek finance minister ousted because he favored a 'parallel currency'

  

  Yanis Varoufakis, who was Greece's finance minister until Monday morning, was reportedly pushed from his job after he told a journalist that Greece could introduce a parallel currency in the weeks ahead. Cash is flooding out of Greek banks at the moment, and the government desperately needs money to make payments due later this month.

• Tuesday, July 7th 2015 - 05:50 UTC

  Falklands' competitors win three medals in Islands Games at Jersey

  

  Falklands competitors took home 2 silvers and 1 bronze medal which they won at the 16th International Island Games which were held on the Channel Island of Jersey. The Falklands football team also retained the ‘Small Islands Cup’ which they won in Bermuda 2 years ago, beating the Norwegian island of Hitra 2-1.

• Monday, July 6th 2015 - 08:49 UTC

  Uruguay looking to increase trade and investments with India

  

  Uruguay's president Tabare Vazquez is planning to visit India next year, while foreign minister Rodolfo Nin Novoa is scheduled to attend the India-Latin-American conference next October. The move is seen as an effort by Uruguay to increase its trade opportunities and access new markets, given the current difficulties to forge an agreement with the European Union.

• Monday, July 6th 2015 - 08:46 UTC

  Shanghai Composite picking up strongly as fund managers buy stocks

  

  Mainland Chinese shares surged nearly 8% on Monday despite the rest of Asian markets trading lower on Greece's rejection of austerity demands. The Shanghai Composite was up 2.6% to 3,783.69 after the government announced measures over the weekend to stabilize the tumbling stock markets.

• Monday, July 6th 2015 - 07:55 UTC

  Francis in Ecuador repeats call 'to hear the cry of the earth and the cry of the poor'

  

  Francis landed in Ecuador's capital Quito on Sunday to begin an eight-day tour of South America that will also include visits to Bolivia and Paraguay. On his first visit as pontiff to Latin America, the Argentina-born pope is scheduled to conduct masses in both Quito and the coastal city of Guayaquil before flying to Bolivia on Wednesday.

• Monday, July 6th 2015 - 07:34 UTC

  Euro zone to hold emergency summit to discuss Greek referendum 'no'

  

  Euro-zone nations will hold an emergency summit on Tuesday to discuss the Greek referendum “No” result after the German and French leaders called for a meeting, EU president Donald Tusk said. The special meeting comes as Brussels reels with the implications of what the head of the Euro-group of finance ministers from the 19-country block, Jeroen Dijsselbloem, called a “very regrettable” decision.

• Monday, July 6th 2015 - 07:22 UTC

  “An outright victory of democracy and dignity” said Cristina Fernandez on the Greek vote

  

  Argentine President Cristina Fernández used her Twitter account on Sunday to celebrate the result of a Greek bailout referendum saying it was “an outright victory of Democracy and Dignity. The Greek people have said NO.”

• Monday, July 6th 2015 - 00:22 UTC

  Ex-Anglo abattoir complex in Fray Bentos joins Unesco's World Heritage List

  

  UNESCO's World Heritage Committee approved the inscription of four cultural sites on the World Heritage List: Fray Bentos Cultural-Industrial Landscape in Uruguay; Japan’s Meiji Industrial Revolution: Iron and Steel, Shipbuilding and Coal Mining in Japan, Ephesus in Turkey and Aqueduct of Padre Tembleque Hydraulic System in Mexico. The Committee also approved the extension of Spain’s Routes of Santiago de Compostela with the addition of the “Camino Francés and Routes of Northern Spain”.

• Saturday, July 4th 2015 - 07:33 UTC

  Greece 'Yes' and 'No' voters tied for Sunday's referendum, shows latest poll

  

  Greeks packed city squares for dueling rallies late into the night Friday, as polls showed a dead heat between the 'yes' and 'no' camps ahead of a bailout referendum Sunday that could be Greece's most important vote since it joined the European Union.

• Saturday, July 4th 2015 - 07:13 UTC

  Cristina Fernandez plans sixth meeting with the Pope, when he visits Paraguay

  

  Argentine President Cristina Fernández will have a meeting with Pope Francis during the Pontiff’s visit to Paraguay, official sources have confirmed. The Argentine leader will travel to Asunción between July 11 and 13 for her sixth encounter with Francis, who will be ending his South American tour during those dates. The Pope will visit Ecuador, Bolivia and Paraguay, beginning Sunday.