Venezuelan oil sales to China have jumped by 60% since the start of the year, the country's oil minister said in an interview published on Sunday in the state-run Correo del Orinoco.
Ecuador said on Wednesday the British government had threatened to raid its embassy in London if WikiLeaks founder Julian Assange is not handed over, and that Quito would make its decision on his asylum request on Thursday.
The World Health Organization (WHO) said on Wednesday it strongly welcomes the landmark decision from Australia’s High Court to dismiss a legal challenge from the tobacco industry, and calls on the rest of the world to follow Australia’s tough stance on tobacco marketing.
Standard Chartered has agreed a 340 million dollars settlement with New York regulators that accused it of hiding 250bn of transactions with Iran. The hearing that had been scheduled for Wednesday has now been adjourned.
The Euro zone debt-ravaged economy shrank in the second quarter (after a dismal first) and despite continued German growth which economists said could soon be snuffed out.
Sunflower seed production in the European Union, Ukraine and Russia will drop 11.7% to a total of 24.82 million tons this year, from 28.12 million tons a year ago, Hamburg-based oilseed analyst Oil World said on Tuesday.
US, France and Mexico are planning talks to consider whether an emergency meeting is needed to tackle the soaring price of grain. The three will hold a conference call at the end of this month after the worst US drought in 50 years threatens to cause a sharp rise in the cost of staple crops.
Standard Chartered chief executive is in New York to negotiate directly with the US regulator that accused it of scheming to hide 250bn dollars of transactions with Iran. The regulator will hold a hearing on Wednesday to decide whether to revoke the bank's New York banking licence. It is unclear yet whether Peter Sands will attend the hearing.
The official flag of the Olympics arrived in Rio de Janeiro, the host city of the next Games. Rio Mayor Eduardo Paes waved the flag after stepping off the plane with other officials and Brazilian athletes who competed in London.
Argentina made a technical presentation last week before the UN Commission on the Limits of the Continental Shelf, CLCS, on the exterior limits of the Argentine shelf in which the claimed territories of the Malvinas, South Georgia, South Sandwich Islands and ‘Argentine Antarctica’ were included.