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.
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.”
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”.
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.
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.
The ITUC has called on FC Barcelona “socios” (voting members) and fans to end the club’s Qatar Airways sponsorship, saying that the airline is the very worst sponsor for a club with a 100-year tradition of democracy and universality.
Brazil’s JBS, the world’s largest meat packer, has agreed to pay about $1.5 billion for Moy Park, the British unit of rival Mafrig Global Foods. JBS, which has undertaken a massive overseas expansion since 2007, will pay $1.19 billion in cash and will assume Moy Park’s debt totaling £200 million as part of the deal, Marfrig said in a statement.
UK oil and gas giant BP said it has reached an $18.7 billion settlement of damages claims from the US government and five states after the 2010 Gulf of Mexico spill. The US Justice Department said it could be the largest settlement with a single entity in US history and the total value would top $20 billion.
The United States asked Switzerland on Thursday to extradite seven FIFA officials arrested in an investigation into a global bribery scandal at soccer's governing body, the Swiss Federal Office of Justice (FOJ) announced.
The Mercosur Council will establish an action plan at the next Mercosur presidential summit scheduled for 16/17 July in Brasilia, when the group's chair for the next six months will be handed to Paraguay by Brazil. Other issues on the agenda besides making Mercosur more flexible include addressing the 'special regimes' and the 'free trade zones' in the area, revealed Uruguay's foreign minister Rodolfo Nin Novoa.