
The United Kingdom has reiterated that the sovereignty of Gibraltar is not a matter for discussion or negotiation with Spain. This follows a call by the Spanish Foreign Ministry for a resumption of bilateral dialogue with the UK over Gibraltar.

For the first time in twelve years and Argentine president will be attending the World Economic Forum in Davos, Switzerland that runs between January 20-23. President Mauricio Macri will be present together with ally Sergio Massa, leader of dissident Peronist Renewall Front, in order to attract investment.

FIFA investigators have recommended a nine-year ban from football for suspended secretary general Jerome Valcke for seven alleged ethics violations. Suspended in September over allegations linking him to a 2014 World Cup ticketing scam, Valcke’s provisional 90-day suspension expires on Tuesday.

Spanish vertically integrated seafood company Iberica de Congelados (Iberconsa) will invest up to €27 million in its Argentine and Namibian operations, the company's CEO announced. Following its private equity Portobello Capital majority stake acquisition in Iberconsa, the seafood company will carry out a “strong investment plan” to boost Argentina shrimp output and to enhance Namibia's plant capabilities in value-added production.

Egypt’s Foreign Minister Sameh Shoukry has denounced the attacks on Saudi diplomatic missions in Iran as “unacceptable.” Shoukry said during a visit to Riyadh on Tuesday that Iranian behavior following Sheikh Nimr al-Nimr’s execution was tantamount to “intervening in the kingdom’s internal affairs.”

Mainland Chinese shares recovered early losses amid volatile swings, following Monday's suspension of trading which led to a global equities sell-off. The Shanghai Composite was up 0.8% at 3,324.27 after opening more than 3% lower, while the Hang Seng also changed direction to head up 0.1% to 21,342.09.

The United States Justice Department has filed a federal lawsuit against Volkswagen, Audi and Porsche that seeks billions of dollars in penalties over claims that the car companies installed devices to deliberately misreport emissions. Nearly 600,000 diesel-engine vehicles were installed with these devices since 2009.

The British Overseas Territory of Ascension Island is set to become a marine reserve almost as big as the UK, the British government has announced. Using a £300,000 grant from the Bacon Foundation, the UK government will close 52.6% of the south Atlantic island's waters to fishing. In the rest of the waters there will be a monitored tuna fishery.

By David Cameron - This year’s 400th anniversary of the death of William Shakespeare is not just an opportunity to commemorate one of the greatest playwrights of all time. It is a moment to celebrate the extraordinary ongoing influence of a man who – to borrow from his own description of Julius Caesar – “doth bestride the narrow world like a Colossus.”

Argentina's January 3rd. statement on the Falkland Islands dispute claiming sovereignty and calling for dialogue with the United Kingdom has received a low key but strong response from the Foreign Office, according to the Mail on line.