
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.

Saudi Arabia says it has broken off diplomatic ties with Iran, amid a row over the Saudi execution of a prominent Shia Muslim cleric. Saudi Foreign Minister Adel al-Jubeir was speaking after demonstrators had stormed the Saudi embassy in Tehran.