International

International
Wednesday, April 9th 2014 - 17:26 UTC

HMS Portland, first Royal Navy visit to Sao Tomé and Príncipe in 29 years

The vessel hosted a visit from PM Dr. Gabriel Costa and several ministers

HMS Portland on Atlantic patrol, became the first Royal Navy Ship to visit São Tomé and Príncipe in 29 years when she anchored off the islands for a two day visit. The last Royal Navy Ship to visit the former Portuguese colony was the survey vessel HMS Herald in 1985. Prior to that, the last recorded visit of a Royal Naval Warship was in 1889.

Wednesday, April 9th 2014 - 07:19 UTC

President Higgins visit to UK consolidates reconciliation after decades of mistrust

The impressive display at Windsor Castle by the Queen to receive the Irish president

Queen Elizabeth II welcomed the Irish president to Britain on Tuesday for the first time since the republic became independent with a banquet also controversially attended by former IRA commander Martin Guinness.

Wednesday, April 9th 2014 - 07:08 UTC

Gibraltar 'close to British hearts', but plenty of room for 'practical dialogue'

Ambassador Manley suggested UK, Spain, Gibraltar and Andalucia dialogue

UK Ambassador to Spain, Simon Manley has told a Spanish newspaper that British people hold Gibraltar ‘close to their hearts’ and that delays at the border are politically motivated. He underscored Britain and Gibraltar’s desire to engage in “practical” dialogue toward better cross-border relations that would benefit communities on either side of the frontier fence.

Wednesday, April 9th 2014 - 07:03 UTC

Algeciras mayor highlights 'English occupation' of Gibraltar and the Falklands

Landaluce participated of a twinning ceremony at the city of Rio Grande, Tierra del Fuego during the 32nd anniversary of the Falklands war

The mayor of the Spanish town of Algeciras, Jose Ignacio Landaluce flew back this weekend from Argentina, where he had attended a twinning ceremony with Rio Grande, Tierra del Fuego that sought to highlight the ‘English occupation’ of Gibraltar and the Falkland Islands.

Wednesday, April 9th 2014 - 06:48 UTC

Osborne launches with Mantega Brazil/UK 'economic and financial dialogue'

Besides Mantega the chancellor also met central bank president Tombini and will visit the Sao Paulo stock exchange on Wednesday

Finance minister Guido Mantega and Chancellor of the Exchequer George Osborne announced on Tuesday in Sao Paulo the launching of the Brazil/UK Economic and Financial Dialogue to strengthen bilateral trade and cooperation, and investment in infrastrucutre, according to a joint release.

Wednesday, April 9th 2014 - 06:37 UTC

Chancellor welcomes insurer’s plans to boost Brazilian activity

Lloyd's, with headquarters in Rio do Janeiro, is Brazil second largest insurer with a 12% market share

Chancellor of the Exchequer George Osborne welcomed the decision by insurer Hiscox to join the Lloyd’s Brazil reinsurance platform during his current trip to Brazil. This will allow Hiscox to grow its Brazilian business, enabling it to talk directly to potential customers and better understand the local market.

Tuesday, April 8th 2014 - 22:20 UTC

Memorial unveiling to commemorate the Battle of the River Plate

HMS Ajax one of the three Royal Navy vessels involved in the battle

Survivors of the first major naval battle of the Second World War will gather at Britain's National Memorial Arboretum to unveil a memorial commemorating the event. The Battle of the River Plate took place 75 years ago (December 1939), and less than a dozen veterans are still alive from this, the only episode of the war to take place in South America.

Tuesday, April 8th 2014 - 19:10 UTC

China and East Asia expected to grow at slower pace this year, says World Bank

Chinese reforms are expected to have a profound impact on land, labor, and capital markets,

The World Bank has trimmed its growth forecast slightly for China, citing a “bumpy start to the year”. It now expects the Chinese economy to grow by 7.6% in 2014, down from its earlier projection of 7.7%. A slew of disappointing figures has triggered concerns of a slowdown in the world's second-largest economy.

Tuesday, April 8th 2014 - 07:38 UTC

UK minister arrives in Brazil to ramp trade with generous export financing

Chancellor of the Exchequer Osborne is scheduled to meet Mantega and Tombini

At the start of a three day trade trip to Brazil, the Chancellor of the Exchequer George Osborne announced the next stage in the UK government’s fundamental overhaul of finance for exporters which should move the UK to the top of the global league for export support.

Monday, April 7th 2014 - 21:24 UTC

Latam and Caribbean migrants remittances total over 60bn dollars annually

But channeling remittances into the formal financial system remains a challenge

A new study by the Inter-American Development Bank’s (IDB) Multilateral Investment Fund (MIF) and the Inter-American Dialogue has shed light on the financial behavior of Latin American and Caribbean migrants, finding that there is need for formal savings products for remittance clients.

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