
Argentina's Cabinet Chief Anibal Fernandez and the Presidential Legal and Technical secretary Carlos Zannini led on Monday celebrations in Chubut to mark the 150th anniversary of the Welsh community that settled in the Patagonian province. The event took place in Puerto Madryn overlooking the Golfo Nuevo.

Publishing company Pearson has confirmed plans to sell its 50% stake in the Economist Group. The statement from the firm came just days after it announced the sale of the Financial Times to Japan's Nikkei.

A second referendum on Scottish independence is inevitable, according to former first minister Alex Salmond. Speaking on the BBC's Andrew Marr program, he said the question was over the timing which was in the hands of Nicola Sturgeon.

The Gibraltar Government has included the long queues of last Thursday afternoon at the frontier with Spain in its latest report to the European Union. Deputy Chief Minister Dr Joseph Garcia said the report will be presented “in order to draw attention to the manner in which the Spanish government is implementing the recommendations made by the commission”.

FIFA has admitted the corruption scandal is putting off new World Cup sponsors and plans to hold a summit with existing backers in August. Secretary-general Jerome Valcke said: The current situation doesn't help to finalize any new agreements.

Tourism’s underrepresentation in international financing for development flows remains a critical hurdle to overcome in order to fully deploy its development potential. Despite being a high impact economic activity, a major job generator and key export sector accounting for 6% of total world trade, tourism receives only 0.78% of the total Aid for Trade (AfT) disbursements and a mere 0.097% of the total Official Development Assistance (ODA).

With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran's crude oil supply would further contribute to the already rising global supply glut. The economic crisis in Greece, OPEC's high production levels and China's market turmoil have created more pressure on oil prices, making a price rebound look highly unlikely in the near future.

Nikkei, Japan’s largest media company, is to buy the FT Group from Pearson for £844m, after stunning its rival bidder Germany’s Axel Springer with an eleventh hour offer for the London-based global news organisation. The deal marks the end of an era, bringing the curtain down on Pearson's 58 year ownership of the Financial Times at a time of upheaval in the global media industry.

Bermuda Premier Michael Dunkley called for the British Overseas Territories (BOTs) to present a united front in key areas and for the leaders to work together to best represent the people of the region. Premier Dunkley opened on Thursday the Pre-Joint ministerial council which convened leaders from several BOTs including the Falklands MLA Roger Edwards, as reported by the island's Royal Gazette.

On World Hepatitis Day (28 July) the World Health Organization highlights the urgent need for countries to enhance action to prevent viral hepatitis infection and to ensure that people who have been infected are diagnosed and offered treatment. This year, the Organization is focusing particularly on hepatitis B and C, which together cause approximately 80% of all liver cancer deaths and kill close to 1.4 million people every year.