Citing an improving economy, the Federal Reserve signaled Wednesday it is most probably on track to raise historically low interest rates as early as September, but that rates are likely to climb more gradually than it previously
Thousands of striking teachers have taken to the streets in the Chilean capital Santiago to protest against education reform plans. The peaceful rally held on Wednesday turned violent when clashes erupted between riot police and a group of protesters, which led to the arrest of a number of people.
The America Copa (Cup) currently being played in Chile, and the region's national teams main football competition, has not been without incidents. The one that has attracted most headlines, so far, was the host's leading squad player, Arturo Vidal who went on public television to apologize for drunk driving after crashing his Ferrari.
The Argentine province of Salta has passed a law forcing people to sing a song at every public event declaring that the Falkland Islands belong to Argentina. The law will also require every state school in the province to sing the song, known as ”Lilian Guitián, alongside the national anthem.
British TV and radio personality Chris Evans will replace Jeremy Clarkson as the lead presenter of an all-new Top Gear line-up, the BBC has announced. Evans said he was “thrilled” to get the job, describing the motoring show as his “favorite program of all time”.
Swiss authorities say they have evidence of 53 suspicious FIFA-linked banking relations reported by Swiss banks. Under the Anti-Money-Laundering Framework of Switzerland, banks are required to report any suspicious activity that happens within their accounts. Some of the 53 suspicious reports are among 104 banking relations already known by the investigators.
The International Trade Unions Congress, ITUC is calling on national football associations to push for genuine reform of FIFA through the establishment of an independent commission, and not merely accept that FIFA can suddenly reform itself under a leadership which has failed to end corruption after years of multi-million dollar scandals
Argentine presidential hopeful and Buenos Aires province governor Daniel Scioli announced he will run for president with Carlos Zannini, the current Legal and Technical Presidential secretary and one of the closest advisors of President Cristina Fernandez, completing the ticket.
Nobel Prize-winning economist Joseph Stiglitz has reiterated his support for a wider system of control on international sovereign debt restructuring, citing the examples of Argentina, Greece and Ukraine to back up his assertion that the area needs more supervision to protect those involved.
British Prime Minister David Cameron has suffered his first parliamentary rebellion since being re-elected last month as he tried to unite his party on Europe by making concessions on the timing and rules of a planned EU membership referendum.