
The International Monetary Fund cut its growth forecast for the United States and said the economy would not reach full employment until the end of 2017, allowing the Federal Reserve to take its time before raising interest rates.

Sailors from HMS Clyde joined other protectors of the Falkland Islands as the British Overseas Territory marked the 32nd anniversary of its liberation. The ship’s company took part in a memorial service and parade, and hosted veterans of the 1982 conflict on Liberation Day in the Islands’ capital, Stanley.

OAS Secretary General José Miguel Insulza, congratulated Colombian President Juan Manuel Santos for his re-election with an absolute majority of votes cast, which gives him a decisive popular mandate.

Incumbent President candidate Juan Manuel Santos was reelected by a margin of over 5 percentage points in the second round of Colombia's’s elections, defeating conservative Democratic Center candidate Oscar Ivan Zuluaga, who concede defeat and congratulated the winner.

The Pacific Alliance will try to 'expand its influence' through agreements with other blocks to improve cooperation in different fields while targeting a wider integration in the region, said Mexico's Economy minister Ildefonso Guajardo. The Alliance is holding its summit this week in Punta Mita, Mexico when the chair of the group will pass from Colombia on to Mexico.

German Chancellor Angela Merkel assured Brazil on Sunday that she will do her utmost to bring to successful end negotiations for a cooperation and free trade deal between the European Union and Mercosur.

Brazilian police used tear gas and pepper spray to prevent some 200 protestors from getting near Rio de Janeiro's Maracana stadium Sunday during the Argentina-Bosnia World Cup game.

The determination of European Commission President Manuel Barroso to conclude a deal with Mercosur before he leaves office posed a severe threat to Ireland's interest, Independent MEP Marian Harkin has warned in a piece reported by Irish Independent.

The lasted chapter of the resurgent diplomatic conflict between Argentina and Uruguay was not addressed during a brief encounter of presidents Cristina Fernandez and Jose Mujica in Bolivia where they attended the G77 plus China summit over the weekend.

The former German soccer star Franz Beckenbauer said on Sunday he was ready to answer questions from FIFA about an investigation into World Cup bidding by June 27 and believed that should remove any justification for its 90-day ban on him.