Politics

• Tuesday, December 13th 2016 - 07:51 UTC

  Another Goldman Sachs/Wall Street top official named to Trump's economic team

  

  Gary Cohn who was tapped Monday by President-elect Donald Trump to head the Gary Cohn , is second-in-command at investment banking giant Goldman Sachs, which he once hoped to lead. Cohn, 56, has worked on Wall Street since the 1990s and is one the firm’s best known public faces. He makes frequent television appearances to talk about the health of financial markets and the global economy.

• Tuesday, December 13th 2016 - 07:32 UTC

  Guterres sworn in as UN Secretary General: pledges more delivery and less on process

  

  Portugal's António Guterres was sworn in Monday as the ninth U.N. secretary-general. “The United Nations needs to be nimble, efficient and effective,” Guterres told member states. “It must focus more on delivery and less on process; more on people and less on bureaucracy,” he said.

• Monday, December 12th 2016 - 17:51 UTC

  US, EU and Japan do not recognize China as market economy: Beijing anticipates retaliation

  

  China's battle for recognition as a market economy that would help it avoid penalties from key trade partners has been thwarted, as a key clause in Beijing's deal to join the WTO expired on Sunday.

• Monday, December 12th 2016 - 15:57 UTC

  Falklands/Malvinas: Next steps to identify Argentine soldiers buried in Darwin Cemetery agreed

  

  The Falkland Islands government has issued a release relative to the meeting held last Friday, in Geneva, chaired by the Red Cross to address the identification of Argentine soldiers buried at the Falkland' Darwin cemetery. Falklands' lawmaker, MLA Mike Summers was in attendance for these talks as part of the UK delegation.

• Monday, December 12th 2016 - 15:17 UTC

  Germany wants to extends unilateral border controls beyond EU's deadline

  

  As EU's Interior Commissioner Dimitris Avramopoulos declined an extension beyond February and pushed for things to go “back to Schengen,” Germany prepares to go ahead on its own to maintain the border controls in Bavaria for a longer period of time. Border controls between the Schengen countries are only acceptable as a time-limited exception to the rule of open borders. Better protected EU external borders should make the controls in the interior of Europe superfluous.

• Monday, December 12th 2016 - 14:18 UTC

  Foreign Minister Paolo Gentiloni is Italy's new Prime Minister

  

  State President Sergio Mattarella commissioned the 62-year-old Social Democrat to form a new government. Gentiloni said his nomination was a “great honor,” which he wanted to fulfill with “consciousness of responsibility and dignity.” It is unclear whether he will remain in office until spring 2018.

• Sunday, December 11th 2016 - 23:14 UTC

  Peru's Air Force Mi-8/17 helicopters secure spares from Russia as of next year

  

  The Russian Helicopters holding came out the winning bidder on supply of spare parts for Mi-8/17 helicopters of Peru’s Air Force and will start deliveries next year, Executive Director of the company Grigoriy Kozlov said on Friday. The company also plans to build a pilot training center in Peru next year, it was announced.

• Sunday, December 11th 2016 - 22:07 UTC

  Global de-mining conference in Chile concerned over growing use of improvised landmines

  

  The Anti-Personnel Mine Ban Convention's Fifteenth Meeting of the States Parties (15MSP) concluded a week of work in Santiago, Chile, recording success in stockpile destruction with Poland announcing it had destroyed one million stockpiled landmines bringing to 158 the number of States that no longer hold stocks.

• Sunday, December 11th 2016 - 21:16 UTC

  Brazil: strong rate cuts ahead because of recession, indicate Central bank minutes

  

  Fears of a slower economic recovery in Brazil could pave the way for heftier rate cuts, the central bank said clearly signaling more aggressive monetary easing ahead as the country's worst recession in memory worsens.

• Sunday, December 11th 2016 - 21:09 UTC

  Venezuela prints 20.000 Bolivars bills to match hyperinflation

  

  Venezuela's new currency will go into circulation on December 15 in denominations of 20,000, 10,000, 5,000, 2,000, 1,000 and 500 Bolivars, with 100-, 50- and 10-bolivar coins, the Venezuelan Central Bank (BCV) announced.