A member of Swiss drug-maker Roche's controlling family said that short-term profit maximization has destroyed the planet and the world needs a new breed of capitalism putting long-term interests first.
One in four Fitch-rated corporates in Latin America is exposed to either a one-notch sovereign or country ceiling downgrade, while ratings for nearly one-third of issuers are vulnerable to a two-notch downgrade, according to the latest from Fitch Ratings.
The Permanent Council of the Organization of American States (OAS) approved on Tuesday the Declaration on the Defense of Democracy and Social Peace in Ecuador during a special meeting in which it received a presentation from the Minister of Foreign Affairs and Human Mobility of Ecuador, José Valencia.
APEC finance ministers expressed “moderate optimism” on Tuesday that the United States and China will end their trade war and sign an agreement during the forum's summit in Santiago next month.
UK and the EU made headway in eleventh-hour talks on Tuesday to reach a Brexit deal in time for a leaders' summit, but with hours left to clinch an agreement, it was still unclear if London could avoid delaying its scheduled Oct 31 departure.
The UN Security Council ended 15 years of peacekeeping operations in Haiti on Tuesday, voicing regret that the country is still saddled with huge economic, political and social woes. The United Nations first sent peacekeepers to Haiti after then-president Jean-Bertrand Aristide was overthrown by the army in 2004 under the pressure of a popular uprising.
The European Union adopted a sanctions framework for Nicaragua on Monday over human rights abuses and repression in the Central American country under leftist President Daniel Ortega.
Brazil’s largest truck makers are expressing optimism again about the growth prospects for Latin America’s largest economy, even as the country continues to struggle to rebound from a deep recession that began in 2015.
British Prime Minister Boris Johnson on Monday set out his government's priorities at a parliamentary ceremony full of pomp and pageantry attended by the queen, with Brexit top of the agenda.
A third of the world's nearly 700 million children under five years old are undernourished or overweight and face lifelong health problems as a consequence, according to a grim UN assessment of childhood nutrition released on Tuesday.