Soybean processing and exports from the US, Argentina and Brazil, the largest shippers, were below expectations in the second quarter on reduced Chinese imports and competition from palm oil, Oil World said in a Tuesday released report.
Media tycoon Rupert Murdoch and his son James testified Tuesday to a British parliamentary committee at which he defended his son and his company over a scandal that has rocked the British establishment.
On request from Argentina advance on EU/Mercosur trade talks will be delayed until after next October’s presidential election, revealed the EU Trade Commissar Karel de Gucht.
Following Iran’s offer Sunday to help investigate into the attack on the Argentine Jewish community centre (AMIA) which took place in 1994 and claimed the lives of 85 people, Teheran insisted in cooperating with Argentina to uncover the truth behind the attack, and make efforts to prove the innocence of the accused Iranian people.
US leadership could be the vital spark needed to revive moribund world trade talks, said World Bank President Robert Zoellick and criticized those who support a mini-trade deal or putting the Doha effort to sleep.
Japan has imposed a ban on all beef coming from the prefecture of Fukushima, where three nuclear reactors melted down following the March 11 magnitude 9.0 earthquake and tsunami. The Japanese government is also apologizing for its delayed response to radioactive meat reaching the market.
The British Government published this week a new strategy outlining how the UK will promote stability and prosperity in countries and regions where its interests are at stake particularly though improved early warning and crisis prevention.
British PM David Cameron cut short a trip to Africa and will fly home on Tuesday to defend himself from a scandal that has battered Rupert Murdoch's media empire, forced British police chiefs to resign and raised doubts about the prime minister's judgment.
Foreign Secretary William Hague said the Government has a clear responsibility to uphold the UK's position over the waters around Gibraltar and will be appealing a European Commission decision benefiting Spain.
Animal rights organizations claim Japan has been handing out generous grants to African, Caribbean and Pacific countries to support turning the International Whaling Commission into a “toothless paper tiger” undermining the whaling-moratorium.