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.
Vatican magistrate ordered Pope Benedict's former butler to stand trial on charges of aggravated theft for leaking documents alleging corruption in the Vatican. In a 35-page document on the case which has rocked the Holy See since Paolo Gabriele was arrested last May, the Vatican also charged a computer expert who worked in the Vatican bureaucracy with involvement in the case, the first mention of a second man.
The Royal Navy’s Type 45 destroyer HMS Dauntless arrived last week to the Falkland Islands in the last leg of its six month deployment in the South Atlantic, spending most of the time along the West African coast.
The United Kingdom Ministry of Defence’s Disposal Services Authority has put the Royal Navy ship HMS Edinburgh, also known as the “Fortress of the Sea” and another Type 42 destroyer, HMS York, have been put up for sale on its website.
United Nations Secretary-General Ban Ki-moon launched on Monday a new initiative to protect the oceans and the people whose livelihoods depend on it, and called on countries to work together to achieve a more sustainable management of this precious resource and address the threats it is currently facing.
A senior member of Chancellor Angela Merkel's party issued a stark warning to Greece, saying Germany would not hesitate to veto further aid to the country if there were any signs it was not meeting the conditions of its bailout.
Argentina’s minister of Defence called on the UK “to sit and dialogue” over the Falklands/Malvinas sovereignty and warned that the British military presence in the South Atlantic “is the only element that upholds the usurpation of that part of our national territory”.