German Chancellor Angela Merkel has said she wants former Luxembourg Prime Minister Jean-Claude Juncker to become the next EU Commission president. But some European leaders have voiced opposition to the move, including the British government who argue that Mr. Juncker is too much of an EU federalist and called for a lengthy process to find consensus.
Argentina's lawyers tried on Friday to assure a US federal judge that it would not evade orders to pay 1.33 billion dollars to bondholders who refused to accept its debt-restructuring offers, if the US Supreme Court (on 12 June) declines the case.
IMF managing director Christine Lagarde touring east Africa, on Friday cautiously welcomed steps taken by Argentina to settle a decade-old falling out with creditors, following a 9.7bn dollars five year repayment deal reached this week.
Following Argentina's agreement to resolve its 9.7bn debt to Paris Club member nations within five years, American Task Force Argentina co-chairs Robert Shapiro and Ambassador Nancy Soderberg have declared their support for Argentina's pledge to act responsibly and encouraged the Argentine government to go further.
The grand-daughter of former FIFA president Joao Havelange has stepped into the war of words over Brazil's World Cup preparations unabashedly telling protestors angry at the tournament's massive budget to get over it because some money had already been “spent” or “stolen” or “robbed.”
Scientists in Japan say the Brazuca 2014 World Cup ball will be less erratic than the Jabulani used at South Africa 2010. The Brazuca is the 12th World Cup match ball designed by Adidas. The Jabulani was criticized for its light weight and unpredictability.
Argentine president Cristina Fernandez praised on Thursday the agreement reached with Paris Club creditors and said that the government will now turn to international credit markets to finance “infrastructure, development, and technology.”
French Finance Minister Michel Sapin praised Argentina’s agreement with Paris Club creditors, saying it highlights the country’s effort to “normalize its relations with creditors.”
Hailing the “long and proud” history of United Nations peacekeeping – with over one million “blue helmets” having served in more than 70 operations on four continents since 1948 – Secretary General Ban Ki-moon led the Organization on Thursday in honoring those men and women who lost their lives in the past year, while looking to the future, envisioning a modern, global force that can effectively tackle emerging peace and security challenges.
Argentina was formally invited to take part in a BRICS summit to be held in Brazil next month. The Kremlin also ratified support to Buenos Aires in its long-standing dispute with the UK over the sovereignty of the Malvinas Islands.