With a busy agenda prior to her G20 Summit address, Argentine President Cristina Fernández renewed her criticism of so called world powers’ protectionism and warned about a “crisis of the multilateral system” both in the economic and political arenas.
FAO Food Price Index dropped for the fourth month in a row in August reaching its lowest level since June 2012. The index, which measures the monthly change in the international prices of a basket of food commodities, averaged 201.8 points in August 2013, nearly 4 points (1.9%) below its July value and 11 points (5.1% less than in August 2012.
The Falkland Islands Government is in the process of commissioning a sculptor to create a memorial bust of Baroness Thatcher. The project follows a public consultation held to determine how to best commemorate the late Margaret Thatcher in the Falkland Islands.
Bank of England officials left their bond-buying program unchanged on Thursday as they assessed the impact of Governor Mark Carney’s forward guidance policy to keep interest rates low amid a strengthening economic recovery.
The European Central Bank said it was ready to cut interest rates or pump more money into the Euro zone economy if necessary to bring money market rates down and help the Euro zone's economic recovery. ECB chief Mario Draghi said the policymaking Governing Council did discuss a possible rate cut at its monthly meeting, partly due to concern about money market rates and the uncertain very green nature of the recovery.
Britain’s relationship with Spain could be damaged by the ongoing dispute over Gibraltar, Europe Minister David Lidington warned. Lidington told the Financial Times there was a danger the row would overshadow all other parts of the Anglo-Spanish relationship. “There is clearly a risk that this will cloud the bilateral relationship,” he said.
Falkland Islands lawmaker Ian Hansen together with political leaders of another seven UK Overseas Territories will be in Gibraltar to celebrate National Day next week, 10 September.
Iran's trade with Argentina grew last year while trade with Brazil declined, according to an analysis by online business publication Latinvex based on data from the IMF. Iran's total trade with Latin America grew by 0.9% to 4 billion dollars in 2012. Brazil and Argentina still dominate Iran's trade with Latin America, accounting for 93% of the region's total trade with the Persian country.
Motorcycle deaths in the Americas more than tripled during the last two decades, according to a study by the Pan American Health Organization/World Health Organization (PAHO/WHO) published in the International Journal of Injury Control and Safety Promotion.
Despite the strong statement against US intervention in Syria and the harmonious meeting of Paraguay and Venezuela presidents, the recent Unasur (Union of South American Nations) summit in Suriname was unable to agree on the group’s next Secretary General, a post which is currently held by Venezuela’s Ali Rodriguez.