Stories for July 2012

Thursday, July 26th 2012 - 06:49 UTC
London Day 1: a blooper and an athlete ousted for racist remarks

The Olympic Games in London took off with a blooper that delayed a women’s football match and the ousting of a Greek athlete for tweeting racist remarks. It all started in Glasgow where the North Korean women's football team has walked off the pitch after their images were shown on a screen beside a South Korean flag.
Thursday, July 26th 2012 - 06:43 UTC
Chile and Brazil with the most universities among Ibero-America’s top ten

Brazil and Chile have seven universities among the top ten in Ibero-America according to the 2012 QS World Ranking, including Sao Paulo and Catholic university of Chile ranked one and two.
Thursday, July 26th 2012 - 05:28 UTC
PM Cameron receives Dilma to talk about Olympics, trade and global economy

Brazil's President Dilma Rousseff held talks with British Prime Minister David Cameron on Wednesday to pick up some tips on staging the 2016 Olympic Games in Rio de Janeiro.
Thursday, July 26th 2012 - 00:42 UTC
Ecuador suspends decision on Assange until after the Olympics in London

Ecuador's Foreign minister said on Wednesday there will be no decision until after the Summer Olympics on the political exile request of WikiLeaks founder Julian Assange.
Wednesday, July 25th 2012 - 22:02 UTC
China growth highly vulnerable to the Euro zone crisis warns the IMF

The International Monetary Fund (IMF) has warned that the worsening debt crisis in the Euro zone poses a “key risk” to China's growth. IMF added that China also faces domestic risks, not least from a sharper-than-anticipated decline in the property market.
Wednesday, July 25th 2012 - 21:54 UTC
French president Hollande welcomes new Paraguayan ambassador to Paris

Paraguayan ambassador Emilio Gimenez Franco presented last July 11 his credential letters to French president Francois Hollande, making him the country’s representative before Paris.
Wednesday, July 25th 2012 - 20:54 UTC
Red Cross to again address London over the Falklands Argentine unnamed graves

The International Red Cross pledged it will again contact British authorities with Argentina’s request for special forensic groups to travel to the Falklands to identify combatants buried in Islands’ unnamed graves.
Wednesday, July 25th 2012 - 20:45 UTC
Brazil wants WTO to sanction countries that manipulate their currencies

Brazil’s delegate before the World Trade Organization said he was contacting other members of the organization so that sanctions are imposed on those countries which alter artificial money exchange rates that harm emerging countries, according to reports in the financial newspaper Valor Economico.
Wednesday, July 25th 2012 - 19:33 UTC
UK remains deep in recession: even the services sector contracted

Britain's economy shrank far more than expected in the second quarter, battered by everything from an extra public holiday to government spending cuts and the neighbouring Euro zone crisis.
Wednesday, July 25th 2012 - 19:33 UTC
EC says manipulation of financial “benchmarks” to become “criminal offence”

The European Commission has adopted amendments to the proposed Regulation and Directive on insider dealing and market manipulation, following the recent LIBOR and EURIBOR scandals.