High school exchange programs provide many young people with their first experience of living abroad. Widely regarded as providing a valuable cultural experience, exchange organizers do good business.
Former Argentine President Cristina Fernandez is facing new corruption charges, with a judge asking for her arrest. She is alleged to have headed an illegal group that collected bribes in exchange for public contracts.
The Venezuelan economy is in freefall, crippled by a currency crisis that has seen inflation soar to farcical levels. The country’s populist government introduces measures on Monday aimed at halting the collapse.
One of three Chinese ratings agencies, Dagong Global Credit Rating, has been suspended from doing business in bond markets following an investigation that revealed "chaotic" management and false credit ratings.
Tumbling emerging market currencies, including the Russian ruble, have caused Moscow to publicly wish for the "demise" of the greenback from global finance. Lars Halter examines how realistic such a wish actually is.
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