British Conservative Party leader Rishi Sunak has been sworn in as the new Prime Minister by King Charles III following Liz Truss' departure after merely 49 days in office.
Argentine president Alberto Fernandez was among the first world leaders in congratulating Xi Jinping for his reelection, over the weekend, as chairman of the Chinese Communist Party Central Committee, pointed out the Chinese official news agency Xinhua
Argentine President Alberto Fernández Monday met at Casa Rosada with China Railway International Group (CRIG) President Bi Yanchun to discuss future investments in infrastructure, energy, and technology projects.
Lord Mervyn King, governor of the Bank of England from 2003 to 2013 said the United Kingdom faces an era of much austerity to stabilize the economy, with the average person having to face significantly higher taxes to fund public spending.
Uruguayan President Luis Lacalle Pou, who holds the pro-tempore presidency of Mercosur, Monday welcomed European Union (EU) High Representative Josep Borrell in Montevideo to discuss the future of the agreement between the two trade blocs.
Rishi Sunak, the grandson of Indian immigrants, was nominated Monday by the British Conservative Party to replace Liz Truss as its leader and next prime minister, as his rival, Leader of the House of Commons Penny Mordaunt, failed to win enough support to run.
Former British Prime Minister Boris Johnson has stepped down from the Conservative Party race to succeed Liz Truss citing the lack of unity among his own ranks.
Former president Hu Jintao was forcibly removed by ushers at the 20th Communist Party congress, allegedly because the 79-year-old was not feeling well, Chinese state media said late Saturday. Hu Jintao, the predecessor of President Xi Jinping was unexpectedly escorted from the stage of the closing ceremony of the ruling Communist Party congress.
Pound sterling trading ended on Friday at US$ 1.12, after rallying on Thursday following the announcement of Prime Minister Liz Truss Thursday resignation. However new figures showed a gloomy picture of the UK economy.
As drought and lack of humidity ravages French corn fields, an abundant production and sales from Ukraine is helping to overcome shortages and market distortions, according to the French consultancy Strategie Grains.