International

Saturday, September 12th 2015 - 09:51 UTC
Germany warns global economy faces financial bubble: too much central banks stimuli

The global economy faces a financial bubble from central banks pumping cash into economies, Germany's finance minister has warned. The comments come after the European Central Bank (ECB) said it would extend its stimulus program if needed.
Saturday, September 12th 2015 - 09:44 UTC
Seventh meeting of Cristina Fernandez and Francis, this time in Cuba

Argentine president Cristina Fernández has formally accepted an invitation by her Cuban counterpart Raul Castro to attend a mass Pope Francis will deliver in the Plaza de La Revolucion in Havana on September 20.
Friday, September 11th 2015 - 10:24 UTC
Murdoch's Fox takes control of National Geographic Society for US$ 725m

The National Geographic Society sold its iconic yellow-bordered magazine and other media assets to Rupert Murdoch's 21st Century Fox for $725 million, the companies announced Wednesday. National Geographic Society, which found the magazine in 1888, has chosen to sell the publication amid slumping circulation and advertising sales.
Friday, September 11th 2015 - 09:58 UTC
FAO's August Food Price Index at its lowest in almost seven years

International food commodity prices continued to decline in August as ample supplies, a slump in energy prices and concerns over China's economic slowdown all contributed to the sharpest fall of the FAO Food Price Index in almost seven years.
Friday, September 11th 2015 - 09:33 UTC
Cristina Fernandez wants Argentina in BRICS and asks Lula da Silva to act as the lobbyist

President Cristina Fernández called on Brazil’s former president Lula da Silva to become Argentina’s “ambassador” to help it join the group of emerging countries known as BRICS, acronym for Brazil, Russia, India, China and South Africa. Lula is currently campaigning in support of incumbent presidential candidate Daniel Scioli, and the so called 'Kirchner' model that 'transformed Argentina'.
Friday, September 11th 2015 - 06:45 UTC
UN Assembly overwhelmingly supports Argentina in the sovereign debt debate

The United Nations General Assembly has approved a resolution put forward by Argentina regarding sovereign debt restructuring, which seeks to limit the movement of speculative funds in influencing such actions.
Thursday, September 10th 2015 - 08:25 UTC
Queen Elizabeth thanks well-wishers for their 'touching messages of kindness'

Queen Elizabeth has thanked well-wishers in the UK and overseas for their “touching messages of kindness” as she becomes Britain's longest-reigning monarch. Speaking in the Scottish Borders, the 89-year-old monarch said the title was “not one to which I have ever aspired”.
Thursday, September 10th 2015 - 08:14 UTC
Prince Ali Bin Al Hussein makes official his bid to head FIFA and slams Platini

Prince Ali Bin Al Hussein of Jordan wastes no time in slamming Michel Platini as he announces his bid to succeed Sepp Blatter as head of world football's governing body. After hinting at a second run for the FIFA presidency at the Soccerex Global Convention in Manchester on Monday, the Jordanian officially launched his campaign on Wednesday in Amman.
Thursday, September 10th 2015 - 07:52 UTC
Brazil loses investment-grade credit rating, with outlook remaining negative

Standard & Poor's has stripped Brazil of its investment-grade credit rating, further hampering President Dilma Rousseff's efforts to regain market trust and pull Latin America's largest economy out of recession.
Thursday, September 10th 2015 - 07:35 UTC
Economists' open letter to UN: political power must be preeminent in handling economic policy

European countries must support the United Nations’ proposals for sovereign debt restructuring! – Open letter to the UN by 19 economists.On Thursday September 10, the United Nations General Assembly will vote on nine principles concerning the restructuring of sovereign debts.