Britain’s Farnborough International Air-show opened last week with a joint flypast of the Red Arrows and the world’s last airworthy Avro Vulcan bomber XH558 commemorating the 30th anniversary of the Falklands War.
Paraguay is optimistic about an Organization of American States resolution regarding recent events and the current situation in the country, despite strong criticism from other regional organizations such as Mercosur and Unasur.
A delegation from the European parliament begins this Monday an in-situ data collecting mission in Paraguay following the situation triggered a month ago when then President Fernando Lugo was impeached and removed from office, but which has caused the new regime a certain freezing of international links.
Chancellor Angela Merkel said she was confident that a majority of German lawmakers would back aid for Spain's ailing banking sector at a special sitting of the lower house Bundestag set for Thursday.
President Francois Hollande marked Bastille Day (July 14) celebrations with a pledge to fight industrial layoffs and clean up French politics, after watching troops parade down the Champs Elysees as jets streamed the national colours overhead.
China's economy has grown at its slowest pace in three years as investment slowed and demand fell in key markets such as the US and Europe. GDP rose by 7.6% in the second quarter, compared with the same period a year ago. That is down from 8.1% in the previous three months.
Credit card companies Visa and Mastercard and major US banks have agreed to a 7.25bn dollars settlement to retailers over card fees. The case, which has been going on for seven years, is over firms colluding to fix the fees that stores pay to process credit and debt card payments.
Brazil's top investment bank Banco BTG Pactual announced a tie-up with Roger Agnelli, former head of mining giant Vale, to invest up to 520 million dollars in Latin America and Africa.
Former Italian Prime Minister Silvio Berlusconi will return to frontline politics as the centre-right candidate in next year's general election, a senior official in his PDL party was quoted this week.
The British government must exercise more caution in granting licences for the export of arms, according to a parliamentary report which mentions authoritarian regimes such as Bahrain but also areas of direct concern for UK such as Argentina and the Falklands.