The International Monetary Fund has named as its new chief economist Maurice Obstfeld, an academic and White House economic adviser known for his work on money flows and international finance.
Environment Ministers from the UK Overseas Territories (OTs) and Crown Dependencies (CDs) gathered together for the first time ever in Gibraltar’s Garrison Library last week to consider the environmental challenges facing the Territories.
Leaders of British Overseas Territories will gather in Bermuda this week ahead of the Joint Ministerial Council. It’s the second time Bermuda has hosted the precursor of the JMC that will be held in London later in the year, reports the Royal Gazette. The Falkland Islands will be represented by Roger Edwards, Member of the Legislative Assembly.
A British comedian disrupted a news conference by Sepp Blatter on Monday, showering the FIFA president with fake money. As Blatter took his seat, performer Simon Brodkin rose from a front-row seat to confront him.
The latest Mercosur summit, held last week in Brazil included a special statement, --besides the main regular declaration with 69 articles--, blasting the UK for violating international law and Argentine domestic law over the exploration of hydrocarbons in the Argentine continental shelf in proximity of the Malvinas Islands.
France favors a stronger organization behind the Euro led by a vanguard of countries, French President Francois Hollande said in an interview published Sunday. In the past week the European spirit prevailed in addressing the Greek crisis, he told the weekly Journal du Dimanche.
Banks in Greece expect long queues but no major problems when they reopen this Monday for the first time in three weeks, although withdrawals will still be limited and capital controls will remain, senior banking officials said on Sunday.
New Zealand dairy exporter Fonterra is cutting jobs in an effort to shore up its cash flows as a slump in global dairy demand, particularly from number one buyer China, threatens to snuff out the country’s “white gold rush.”
Capital Economics, a leading macroeconomic research company has announced the imminent opening of an office in New York. The office will be led by the firm’s Chief Emerging Markets Economist, Neil Shearing, who is relocating to the US from London.
World Jewish Congress (WJC) CEO Robert Singer criticized on Friday a lack of progress in the investigation of the 1994 AMIA bombing, during the twenty first commemorations of the attack on the local Jewish community headquarters in downtown Buenos Aires.