International

International
Monday, March 23rd 2015 - 19:55 UTC

UN calls for global unity in pursuit of better water access for all

Ban Ki-moon warned that access to safe drinking water and sanitation was among “the most urgent issues” affecting populations across the globe.

As the perils of climate change increasingly threaten the planet, the international community must unite in “a spirit of urgent cooperation” to address the many water-related challenges facing humanity, United Nations Secretary-General Ban Ki-moon declared on Sunday.

Monday, March 23rd 2015 - 19:43 UTC

Falklands will celebrate Queen's birthday parade April 21st

Also in attendance will be representatives of the Legislative Assembly and the Falkland Islands Government. There will be a fly-past at approximately 10.45.

On Tuesday 21 April the Falkland Islands will be holding a parade to celebrate the birthday of Queen Elizabeth. Contingents from the Royal Navy, Army, Royal Air Force and the Falklands' Defense Force will form at Stanley's Victory Green, reports Gilbert House, seat of the Falklands' elected Legislative Assembly.

Monday, March 23rd 2015 - 19:11 UTC

FIFA with record revenue and cash reserves, after 2014 World Cup

FIFA made 140.7 million in profit in 2014 alone, adding 91 million to its cash reserves, which now stand at 1.523 billion dollars

The 2014 World Cup helped create a record revenue of 2 billion dollars for FIFA last year, with 337 million in profits coming from the four-year cycle leading up to the finals in Brazil.

Monday, March 23rd 2015 - 17:35 UTC

Swiss prosecutors have uncovered over 300 accounts suspected linked to Petrobras corruption

“We do not tolerate the misuse of the Swiss financial system with corruption or money laundering,” said Swiss Attorney General Lauber

Swiss prosecutors have uncovered over 300 accounts at more than 30 Swiss banks that they suspect are linked to the massive corruption and money-laundering scandal at Brazil's state-run oil company Petrobras.

Monday, March 23rd 2015 - 17:20 UTC

Griesa yields: allows Citibank to process interest payments of Argentine law bonds

“Griesa issued said he won’t prevent Citibank from fulfilling its obligations to process interest payments of Argentine law bonds,” Citibank Argentina reported

United States Judge Thomas Griesa finally authorized Citibank Argentina to process interest payments of bonds issued under Argentine law, with a payment deadline on March 31 and on June 30, and to exit its custody business in Argentina.

Monday, March 23rd 2015 - 17:13 UTC

Petrobras corruption scandal reaches New York court: banks will have to explain sale of bonds to US investors

 Itau and Bradesco were book runners on a number of Petrobras bond issues.

Fifteen banks will join Petrobras next week, April 3, in a New York court to explain how they did nothing wrong when selling 98 billion dollars worth of the Brazilian state oil company’s bonds to American investors. Of the 15, lawyers representing the investment banking divisions of Itau and Bradesco will appear before New York judge Jed Rakoff in hopes to escape the scandal.

Monday, March 23rd 2015 - 11:58 UTC

Falklands resurges in controversy over Russian annexation of Crimea

“Attention London: Crimea has far more reason to be in Russia than the Falklands have to be part of Great Britain,” said Alexei Pushkov

Russia has more claim to Crimea than Britain has to the Falkland Islands, a senior Russian lawmaker insisted Sunday as London again denounced Moscow's “illegal annexation” of the peninsula.

Saturday, March 21st 2015 - 06:20 UTC

Argentine police discover 15 kilos of pure cocaine in the 'Splendour of the Seas'

Two crew members were detained as they tried to board Splendour of the Seas with packets of cocaine taped to their bodies, Argentina’s AFIP tax agency said

Argentine customs officials seized cocaine worth more than one million dollars million from two crew members on a luxury cruise ship docked in Buenos Aires, authorities said. The suspects, both men, were identified only as a Croatian national and a Chilean traveling on an Australian passport.

Saturday, March 21st 2015 - 06:07 UTC

FIFA confirms Nov/Dec for 2022 Qatar World Cup and compensation to clubs

“...yes, we are going to play in November and December and, yes, the final is going to be played on Dec. 18” De Gregorio announced

FIFA has ended more than four years of uncertainty over the timing of the 2022 World Cup in Qatar by announcing that it would be played in November and December with the final on December 18. It also anticipated that it will release funds to clubs for release of players.

Saturday, March 21st 2015 - 05:55 UTC

Cristina Fernandez warns Citibank must comply with Argentine law

Banks operating in Argentina “must obey Argentine laws, just like in every country. We're no different,” the president said.

President Cristina Fernandez warned on Friday that banks operating in Argentina must obey its laws, amid a row over Citibank's refusal to defy a US court order blocking Buenos Aires from repaying its restructured debt. At the end of the month, 31 March, Citibank as custodial has to pay Argentine restructured bonds.

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