
Greek nationals have deposited overseas an estimate 261 billion dollars from illegal activities, from tax evasion and elusion to criminal actions or simple from rampant corruption, according to economist and head of the Non Government Organization, Global Financial Integrity, Raymond Baker.

Only about a quarter of ordinary Germans are in favor of debt-stricken Greece remaining in the Euro area, a poll published by the Financial Times on Monday indicated. It revealed strong reluctance to grant Greece yet another bailout installment.

China's manufacturing activity fell to a nine-month low in August, adding to fears that its economy is slowing faster than estimated. The official Purchasing Managers' Index (PMI) fell to 49.2, the lowest reading since November 2011, data released over the weekend showed.

FIFA says Brazilians have decided to name the 2014 World Cup ball ''Brazuca,'' an informal word often used to describe national pride in the country and how Brazilians are referred to in several neighboring countries.

Spain will consider seeking extra aid from Europe on top of a 100 billion Euro rescue of its financial sector but does not see any need for new conditions, Prime Minister Mariano Rajoy said in an interview published in European newspapers.

Sun Myung Moon, the founder and head of the Unification Church which has millions of followers around the world, died at a retreat near the South Korean capital Seoul, church officials said.

The Argentine ambassador to the United States, Jorge Argüello, warned that the world is infested with the “ghosts of a trade war” as he witnesses the protectionist measures applied by developed countries.

Argentine President Cristina Fernández underlined the importance of tourism as a sector able to “generate decent work and wealth across the entire country” on receiving the UNWTO/World Travel & Tourism Council (WTTC) Open Letter on Tourism.

Argentina on Thursday officially lodged a dispute against US restrictions on imports of Argentinean beef and other meat products, the World Trade Organization (WTO) said on Friday.

With the finals of World Cup of Tango Dance - in its two categories: Salon Tango and Stage Tango - the Buenos Aires Tango Festival and Tango Dance World Cup came to end at the Luna Park Stadium earlier this week.