A surprise rate cut by the European Central Bank sent Euro zone shares to a five-year high on Thursday as traders bet a weaker Euro and easier lending conditions would help revive the region's economy and boost demand for stocks.
Britain's Ministry has plans to commission three new ocean-going offshore patrol vessels for the Royal Navy. The new ships will be built by BAE Systems at their shipyards on the Clyde in a deal that will sustain jobs in the UK’s warship-building industry, and will play a key role in counter-terrorism, counter-piracy and anti-smuggling operations.
Argentina's ambassador to South Africa, Carlos Sersale di Cerisano, has criticized South African Airways’ (SAA’s) move to end its service to Buenos Aires as a political decision not based on commercial criteria. SAA spokesman Tlali Tlali said the airline was cutting long-haul routes from its network as part of a turnaround strategy to restore profitability. Cutting the route between Argentina and South Africa had to be seen in that context.
A special commission approved this week a plan to divert cruise ships away from Venice's historic center by 2016, but activists seeking to rid the city of the giant ships expressed reservations about the proposed new route.
The Euro zone economy's gross domestic product will grow 1.1% in 2014 and 1.7% in 2015, with imbalances diminishing as unemployment remains at unacceptable levels, the European Commission said in a report released earlier this week.
Spain is clutching at straws in trying to pretend that the annual United Nations Fourth Committee consensus decision is somehow something new or that will restart the Brussels Process, the Gibraltar Government said on Wednesday.
In another demonstration of the close links of Chile and Britain, members of the 14th Fire Brigade from the city of Santiago de Chile officially received the fourth bell of the old Compañía de Jesús Church which was completely destroyed by a devastating fire that also killed over 2.500 people in 1863, almost 150 years ago.
Brazil’s intelligence agency monitored French spies it suspected of involvement in the 2003 explosion at a satellite launch base, the Folha de Sao Paulo newspaper said Tuesday, and though it was finally determined they played no role.
Argentina’s call for dialogue with UK rings hollow, Romford MP Andrew Rosindell argued in a letter published in The Times in which he said that Argentine claims that the UK is increasing its military presence in the Falklands are false. Instead he argued that the presence there is the minimum necessary to defend the Islands.
Spain and Britain have crafted a joint declaration on Gibraltar for presentation to the UN General Assembly, Spanish Foreign Minister Jose Manuel Garcia-Margallo said Tuesday. The text calls for Madrid and London to reach a definitive solution to the status of the Rock, listening to the interests and aspirations of Gibraltar that are coherent and legitimate in accord with international law, Spain's top diplomat said.