
Shares in cruise company Carnival have fallen more than 7% after it issued a profit warning its second in just three months. Carnival, which operates ships under brands such as P&O and Costa Cruises, said full year revenues, which were expected to be flat, would now fall 2-3%.

UK conditioned a possible re-launching of agreements on hydrocarbons and fisheries in the South Atlantic to Argentina accepting ‘there will be no sovereignty negotiations’ regarding the Malvinas Islands and called for the Argentine government to respect the wishes of the Falkland Islanders.

Secretary General José Miguel Insulza presented on Monday the Report on the Drug Problem in the Americas to the members of the OAS Permanent Council, in a special meeting of the Inter-American Drug Abuse Control Commission (CICAD) in which he expressed his hope that the document is understood not as a conclusion, but only as the beginning of a long awaited debate.

Chief Minister Fabian Picardo has told German readers of Frankfurter Allegmeine Zeitung that he is firmly convinced that Gibraltar will never be Spanish because today’s Europe is about the people rather than the states.

The business representative of the Iranian embassy in Buenos Aires Alí Pakdaman announced on Monday that President Mahmoud Ahmadinejad endorsed without Congress approval the Memorandum of Understanding signed by Argentina and Tehran in order to investigate the AMIA Jewish centre bombing which killed 85 people in 1994.

Argentina questioned the UK after its negative vote at the United Nations General Assembly to place French Polynesia back on the UN list of non autonomous territories that should be decolonised Additionally Argentina renewed its claim over the Falkland Islands sovereignty and described the UK attitude, ‘colonial hypocrisy’.

German Chancellor Angela Merkel met Pope Francis and, apparently responding to his criticism of a heartless dictatorship of the economy and the “cult of money”, called for stronger regulation of financial markets.

The UN General Assembly on Friday put French Polynesia on the global body's decolonization list at a meeting boycotted by France. The resolution, passed by consensus in the 193 member assembly, was called for by the Solomon Islands and other Pacific states that back the Pacific territory's pro-independence parties.

FIFA secretary general Jerome Valcke has guaranteed Sao Paulo's World Cup football stadium will be ready on time, one day after claiming the venue could be taken off the tournament schedule due to construction delays.

Corn groups from the US, Argentina and Brazil signed a memorandum of understanding this week to form an international alliance of corn producers, collectively called MAIZALL.