
Brazil's sports minister resigned on Wednesday over a corruption scandal, the country's GloboNews television station said, reviving concern over President Dilma Rousseff's unstable ruling coalition and the country's lagging preparations for the 2014 World Cup.

European Union leaders announced an agreement early Thursday in Brussels on debt crisis measures including a hard-fought deal with private sector investors to write down Greek bonds by 50%.

The launch this month by the Falkland Islands Development Corporation (FIDC) of the Import Substitution Programme under the slogan, “Use Spades, Not Ships” bears striking parallels to the Grow More Food campaign established in war-time Britain during the Second World War. A campaign known better by its slogan – “Dig for Victory”.

Royal Navy frigate HMS Montrose has set sail for a six-and-a-half month deployment to the Falkland Islands and other South Atlantic Islands to maintain a continuous presence protecting British interests.

Argentine lawmakers participating of the Inter Parliamentary Union, IPU, in Switzerland presented a motion referred to the Falklands/Malvinas, calling for a ban on the exploitation of natural resources in those countries that have been invaded by military forces.

Brazilian officials skimmed at least a staggering equivalent of 37.7bn dollars from government coffers in just eight years of corruption cases from 2003-2010, the Rio do Janeiro daily O Globo reported, based on numbers from the country’s Public Accounts ombudsman.

US President Barack Obama has requested to meet with recently re-elected President Cristina Fernández during the next G20 summit to be held on the 3rd and 4th of November in Cannes, France.

The UN General Assembly called on Tuesday for the 20th straight year on the United States to lift its trade embargo against Cuba, as the communist-run island dismissed as fraudulent US moves to ease some restrictions.

Western countries supported Muammar Gaddafi when it suited them but bombed the Libyan leader when he no longer served their purpose in order to “plunder” the north African country's oil wealth, Iranian President Mahmoud Ahmadinejad said on Tuesday.

Italy's cabinet failed on Tuesday to agree on pension reforms as the country seeks to re-launch its economy and tackle its debt. Meanwhile, financial markets nervously await the outcome of Wednesday's second Euro zone summit.