The United States on Friday issued regulations easing restrictions on US companies seeking to do business in Cuba and opening up travel in the latest action to weaken the trade embargo amid warming relations with the Castro brothers regime.
The UK GREAT pavilion at Uruguay's main agri-business exhibition in Montevideo received the top prize for its category while a stall from the Falkland Islands, tended to by Islanders, is estimated to have been visited by 10% of the more than half million visitors that attended the week-long Expo-Prado.
The Bank of England may have to cut rates to combat low inflation, rather than raise them as its next move, its chief economist Andy Haldane has said. UK inflation may not pick up in the second half of the year, and there are risks of fallout from emerging economies, he said in a speech.
A business delegation from the Falkland Islands participated in Uruguay's main agri-business show at the Prado grounds with a stall in the British GREAT pavilion. The week attendance was described as 'surprising and successful' and Falklands lawmaker Gavin Short addressed an open letter thanking all those involved in helping with the Islands' presence.
The former Chargé d'affaires at the Cuban Embassy in the United States, Jose Cabañas, on Thursday presented his diplomatic credentials as ambassador to U.S. President Barack Obama in a new step toward the normalization of bilateral relations.
FIFA secretary general Jerome Valcke has been put on leave and released from his duties until further notice. A Fifa statement said it had been made aware of a series of allegations involving the secretary general.
The US Federal Reserve kept interest rates unchanged on Thursday in a nod to concerns about a weak world economy, but left open the possibility of a modest policy tightening later this year. In what amounted to a tactical retreat, the US central bank said an array of global risks and other factors had convinced it to delay what would have been the first rate hike in nearly a decade.
Brazil's opposition parties on Thursday filed a request in Congress to impeach President Dilma Rousseff for breaking fiscal rules by allegedly manipulating government finances to benefit her re-election last year. The request was backed by some members of Rousseff's main political ally, the fractious PMDB party, Brazil's largest, whose votes would be needed to succeed in ousting the president.
The annulment by a Tucuman court of a gubernatorial election in a stronghold of Argentina's ruling party, outraged officials of President Cristina Fernandez's administration and gave a boost to opponents ahead of the Oct. 25 presidential contest.
The Falkland Islands Government has congratulated the Leader of the Labour Party, Jeremy Corbyn MP on his election success. Mr Corbyn’s campaign to take up leadership after Ed Miliband resigned in May, touched a raw nerve with some Islanders after media picked up on a BBC interview from two years ago in which he said a “degree of joint administration,” could be used as a solution to the dispute over the Falkland Islands.