As global trade tensions persist, investments are put on hold and without that cash to boost economic growth, poverty could surge, the World Bank's chief economist warned Tuesday. Without growth “inevitably, people will struggle”, Pinelopi Koujianou Goldberg said in an interview.
The United Nations may not have enough money for staff salaries next month if member states don't pay what they owe, UN Secretary-General Antonio Guterres warned on Tuesday. He told the 193-member U.N. General Assembly's budget committee that if he had not worked since January to cut spending then the we would not have had the liquidity to support the annual gathering of world leaders last month.
Chinese state media on Wednesday accused the U.S. National Basketball Association (NBA) of endorsing violence and peddling a secessionist pipe dream in an escalating row over comments by a team official in support of protests in Hong Kong.
The source of large blots of oil staining more than 130 beaches in northeastern Brazil remained a mystery on Tuesday despite President Jair Bolsonaro's assertions they came from outside the country and were possibly the work of criminals. Tamar, a group dedicated to the protection of sea turtles, said the oil spills were the worst environmental tragedy it has encountered since its formation in 1980.
Johnson & Johnson must pay US$8 billion in punitive damages to a man who previously won US$680,000 over his claims that it failed to warn that young men using its antipsychotic drug Risperdal could grow breasts, a Philadelphia jury said on Tuesday.
Someone in Britain became €190 million (US$208 million) richer on Tuesday when they won the maximum EuroMillions jackpot, the lottery company announced.
The British pound tumbled on Tuesday after German Chancellor Angela Merkel reportedly warned that a Brexit deal was overwhelmingly unlikely, further stoking fears of a disorderly and costly departure from the EU.
On Sunday 27 October the Uruguayan electorate will be voting for a new president (there is no immediate reelection) and a renewed Legislative, 30 Senators and 99 Lower House members. Uruguay is one of the more stable countries in the region, both it's solid institutions as well as its citizens who are deeply committed to democracy, social rights and a strong presence of government in the economy.
Hundreds of indigenous people and farmers clashed with Ecuadoran security forces on Monday as they marched toward the capital Quito to protest against rising fuel prices.
A federal judge on Monday said US President Donald Trump must hand over eight years of tax returns to Manhattan prosecutors, forcefully rejecting the president's argument that he was immune from criminal investigations.