International

International
Wednesday, August 27th 2014 - 07:20 UTC

Mary Maersk sets new record: 17.603 TEU containers, but few ports can receive her

The third vessel in the Triple-E series, Mary Maersk has a nominal capacity of 18,270 TEU, but so far that capacity has not been fully utilized.

A record has been set with a Triple-E vessel carrying the highest ever number of containers between Europe and Asia. Mary Maersk left Algeciras, Spain, on its eastward journey bound for Tanjung Pelepas, Malaysia with no less than 17,603 twenty-foot equivalent units (TEU), the highest number ever loaded on a vessel.

Tuesday, August 26th 2014 - 07:18 UTC

Vatican downplays threats on the life of Francis: avoid creating “a climate of terror”

A Roman daily quoting Italian and Israel secret service sources, said that Pope Francis has become a target of the Islamic States

Speaking with Argentina TV stations, Vatican Chief of Ceremonial, Guillermo Karcher played down the threats against Francis saying that “the Pope is not giving substance” to the reports. He explained that the Vatican security measures have not been increased since there has been “no official” threat.

Tuesday, August 26th 2014 - 07:14 UTC

UK embassy apologizes for a cake 'commemorating' torching of White House

British troops in 1814 led by Maj Gen Robert Ross, attacked and burned public buildings including the Capitol, Washington Navy Yard and the White House

The British embassy in Washington has apologized after tweeting a picture of a White House cake surrounded by sparklers, “commemorating” the burning of the building 200 years ago.

Tuesday, August 26th 2014 - 06:53 UTC

Scotland's leader wins the pro independence debate, according to The Guardian

Salmond accused Darling, a former Chancellor of the Exchequer in a Labor government, of being “in bed with the Tories”.

Campaign leaders clashed over Scotland's future in a lively final TV showdown on Monday, with the pro-independence side counting on a knock-out blow to vault a stubborn gap in the polls.

Tuesday, August 26th 2014 - 06:35 UTC

Argentina will appeal WTO ruling against the use of import restrictions

 Deputy minister Emmanuel Alvarez confirmed the dispute with WTO but said that “Argentine customs are not closed, but looked after”.

Argentina will appeal a World Trade Organization ruling against its use of import restrictions, according to a senior Argentine official. On Friday a WTO dispute panel found against Argentina in a 2012 case brought by the United States, the European Union and Japan relating to Buenos Aires licensing rules used to restrict imports.

Tuesday, August 26th 2014 - 01:47 UTC

French government and opposition in disarray; Euro austerity biting

Prime Minister Manuel Valls had handed in his government's resignation, opening the way for a reshuffle just four months after it took office.

French President Francois Hollande asked his prime minister on Sunday to form a new government, looking to impose his will on the cabinet after rebel leftist ministers had called for an economic policy U-turn. The surprise move came the day after outspoken Economy Minister Arnaud Montebourg had condemned what he called fiscal “austerity” and attacked Euro zone powerhouse Germany's “obsession” with budgetary rigor.

Saturday, August 23rd 2014 - 07:02 UTC

Bank of England minutes show some members voted to raise interest rates

However Bank Governor Mark Carney has said that any rise in interest rates would be gradual.

Two members of the Bank of England's Monetary Policy Committee (MPC) voted to raise interest rates in August, the first time in three years that policymakers have done so. The minutes of the meeting on 6-7 August show Ian McCafferty and Martin Weale voted for a 0.25% rise to 0.75%. It means the nine-member MPC voted 7-2 to hold interest rates at their historic low of 0.5%.

Saturday, August 23rd 2014 - 06:23 UTC

HMS Iron Duke visits Namibia; next calls South Africa and Falklands

The Plymouth based frigate spent four days in Walvis Bay. She is due to cross the South Atlantic sometime in the next weeks

HMS Iron Duke on Atlantic Patrol Tasking South, which includes the Falklands and South Georgia Islands, has visited the Namibian port of Walvis Bay where she has built on relations with the country’s Navy and its people.

Friday, August 22nd 2014 - 23:48 UTC

Don't blame Columbus: TB in the Americas already was present...in seals

Scientists have unearthed ancient Peruvian skeletons that contain DNA from TB strains. The 1,000-year-old remains predate Europeans' arrival about 500 years.

The long-held idea that Europeans were the first to bring tuberculosis to the Americas when they arrived in the 15th Century has been thrown into doubt. Instead, a study suggests that the deadly disease was present in the area hundreds of years before Christopher Columbus made landfall.

Friday, August 22nd 2014 - 23:36 UTC

WTO rules against Argentina in trade dispute with world powers

The three trade powers argued that Argentina did not grant licenses to importers automatically as required by WTO rules

The World Trade Organization (WTO) dispute panel ruled on Friday against Argentina in a 2012 case brought by the United States, European Union and Japan against Argentine import licensing rules used to restrict imports.

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!