
The US is under intense pressure to nominate a top candidate for the World Bank presidency after developing countries put forward two credible contenders of their own.

Argentina and Repsol-YPF oil corporation again clashed on Wednesday over the future of the Spanish owned company while members of President Cristina Fernandez administration said measures “can not be discarded” thus re-launching fears about further government actions.

Chinese State of Administration of Grains revealed that the world's top buyer of soybeans is on course to import 25% more in the first half of this year than the first six months of 2011, which will benefit major producers Argentina, Brazil and US.

The Brooklyn Heights mansion in New York belonging to writer Truman Capote was sold in 12.5 million dollars to the creator of the successful “Grand Theft Auto” videogame, according to the New York Observer.

Britain's Prince William was reunited with his wife on Wednesday after returning home from a tour of duty. The future king arrived at RAF Brize Norton in Oxfordshire on the morning after leaving on February 1 for a tour with his Search and Rescue squadron in the Falkland Islands.

Uruguay’s Ministry of Agriculture, Livestock and Fisheries has imposed a transitory ban on all genetic material imports from Europe following the outbreak of the disease Schmallenberg which attacks bovines, sheep, goats and buffalos.

During a live press conference on Tuesday, Argentine President Cristina Fernández thanked “the Peruvian government and population” for their decision to leave without effect the scheduled, but controversial, visit of a British frigate “in support of the Argentine sovereignty claim over the Malvinas Islands.”

Gibraltar appeared to be heading back to scenes of over a decade ago: clashes with Spanish fishermen and politicians. On Monday evening the Spanish ruling Popular Party from neighbouring Algeciras Mayor, Jose Ignacio Landaluce, boarded the vessel ‘Joaquina’ backing a protest sail into Gibraltar waters.

Ricardo Teixeira severed his ties with soccer's international governing body on Monday, a week after he resigned as head of the Brazilian Football Confederation and organiser of the 2014 World Cup.

Adding fuel to the quarrel between Argentina and Spain for disagreements over Spanish investors administrated YPF, Spanish Industry minister of José Manuel Soria vowed on Tuesday to defend his country’s interests.