Italian President Giorgio Napolitano summoned Matteo Renzi to a meeting on Monday at which he is expected to ask the centre-left leader to form a government that must overhaul one of the most troubled economies in the Euro zone.
Economic growth across the Euro-zone was stronger than expected at the end of 2013, according to official figures, raising hopes the recovery is gaining a foothold. Gross domestic product grew by 0.3% in the October-December period from the previous quarter, said Eurostat, the European Union’s statistics office. That amounts to an annualized rate of about 1.2 %.
UK Foreign Secretary William Hague was received on Sunday in Cartagena by Colombian Foreign minister María Angeles Holguín and on Monday is scheduled to meet with Juan Manuel Santos at the Palacio Nariño, seat of the Executive in Bogotá. Mr. Hague on Monday evening will be flying to Brazil.
The Argentine government will appeal on Monday before the US Supreme Court for the second time against the hedge funds claim. The Supreme Court is the last judiciary step in the dispute.
In what was described as a shameful incident, Brazil had to retract from statements made by one of its diplomats, a condition demanded by Argentina to continue negotiations for a Mercosur common tariffs reduction proposal which was taking place in Caracas. The incident occurred last week but only came to light over the weekend.
China's inflation rate remained subdued in January, despite rising food prices during the New Year celebrations. Consumer prices held steady at 2.5% from a year earlier, which was slightly higher than many economists expected.
Repsol signed a financing deal Friday with Venezuelan state oil company PDVSA that calls for the Spanish energy major to invest 1.2 billion dollars to boost the output of the companies' Petroquiriquire joint venture.
Pravda, Russia’s political newspaper associated with the Communist Party, welcomed Gibraltar into UEFA’s family in an article publish online on Thursday.
At the Annual General Meeting of UKOTA (United Kingdom Overseas Territories Association) held on Wednesday, Gibraltar was elected Chair of UKOTA. Albert Poggio the Gibraltar Government’s United Kingdom Representative, will represent Gibraltar in this role.
The International Association of Antarctica Tour Operators (IAATO) and two IAATO Member Operators, Aurora Expeditions and Oceanwide Expeditions, took part in a live Search and Rescue Communications Exercise in collaboration with the Maritime Rescue Coordination Center (MRCC) Ushuaia, Argentina.