The Bank of England has asked formally for new powers to prevent a housing boom and bust. Under the powers, the Bank would be able to limit how much people can borrow to buy a home, according to their financial circumstances.
Beijing's new ambassador before the Argentine government underlined the excellent relations between the two countries and reiterated China's support to Argentina in the issue of sovereign debt and claims over the Falklands/Malvinas Islands.
Gibraltar's football association has announced it will appeal to the Court of Arbitration for Sport after FIFA rejected its bid to become a member. FIFA president Sepp Blatter said the FA of Gibraltar cannot be accepted as a member of FIFA because it contravened the world governing body's statutes regarding independent territories.
Trade between Argentina and China could see a rise in Yuan-denominated operations after the bilateral currency swap deal that was sealed earlier this year, according to key leaders of the Sino-Argentine business community in Buenos Aires.
Asian Football Confederation chief Shaikh Salman bin Ebrahim Al Khalifa has joined his African counterpart in officially backing Sepp Blatter’s bid for re-election. Last week Issa Hayatou and the Confederation of African Football executive committee “unanimously resolved” to support Blatter for a fifth term as FIFA president.
Uruguay's lawmaker and chief of the Organization of American States Electoral Observation Mission (OAS/EOM) Sergio Abreu arrived on Tuesday in Lima to lead a group of 35 people who will observe the October 5 Peru's regional and municipal elections in 16 departments of the country and the Province of Callao.
The Commissioner for Maritime Affairs and Fisheries of the European Union (EU), Maria Damanaki, reiterated she will not negotiate the inclusion of a cephalopod fishing quota of the new fisheries agreement with Mauritania, as the scientific reports say there is overexploitation of the resource.
Unsatisfied with the pace at which the federal government is acting to reduce greenhouse gas emissions, several U.S. states and a few Canadian provinces are forging ahead with their own initiatives.
The Organization of American States, OAS, Secretary General Jose Miguel Insulza “urged the United States to close the Guantanamo Bay facility without delay and arrange for the trial or release of the detainees” and called on member countries to consider receiving detainees in Guantanamo.
President Cristina Fernandez said US Judge Thomas Griesa decision to declare Argentina 'in contempt of court' in the dispute with speculative funds, was in violation of international law, the UN chart and the OAS (Organization of American States) chart.