The United Nations’ top court held its first virtual hearing on Tuesday, taking up a 120-year-old territorial dispute between Guyana and Venezuela. Guyana made its arguments as to why the International Court of Justice has jurisdiction in the border dispute, which calls into question the ownership of more than half of the ex British colony.
French president, Emmanuel Macron, declared his opposition to the free trade agreement between the European Union (EU) and Mercosur. In addition, 265 civil society organizations were also mobilized against the agreement. The decision follows the defeat of Macron in the municipal elections and the strong advance of the Greens.
The coronavirus crisis has taken a much heavier toll on jobs than previously feared, the UN said Tuesday, warning that the situation in the Americas was particularly dire. In a fresh study, the International Labour Organization (ILO) estimated that by the mid-year point, global working hours were down 14% compared to last December - equivalent to some 400 million full-time jobs.
A bilateral trade agreement between Colombia and the United Kingdom has passed in Colombia’s plenary senate session and now passes to the Andean nation’s lower house for approval. <br />
The legislation seeks to maintain uninterrupted trade access, terms and conditions between Colombia and the UK that have existed under the Colombia – European Union agreement.
A 25-day slog across the frigid Southern Ocean is finally over for a New Zealand Sanford fishing vessel on a mercy mission to help the crew of a fellow fishing boat who spent months at sea in rough waters near Cape Horn due to the Covid-19 lockdown.
The European Union’s most powerful member, Germany, takes over the bloc’s rotating presidency as of Wednesday amid a raft of challenges — from COVID-19 and the economic devastation it has wrought, to Brexit, trade with China and tensions with the United States.
Beijing customs data indicates that Chinese soy imports from Brazil (now its largest supplier), reached its highest level in two years in May. China is the world’s largest importer of soy.
British proposals to give the City of London access to the European Union are “unacceptable” because they seek to maintain the benefits of the single market without the obligations, the bloc’s chief Brexit negotiator Michel Barnier said on Tuesday.
Britain’s economy shrank by the most since 1979 in early 2020 as households slashed their spending, according to official data that included the first few days of the coronavirus lockdown.
Japan and Britain aim to clinch a trade deal by the end of July and Tokyo wants to secure at least the same automobile tariffs as it has in its existing European Union trade pact, Tokyo’s chief negotiator said.