Tuesday, October 6th 2015 - 10:47 UTC

Francis makes it clear: he does not support same-sex marriage

 “This is God’s dream for his beloved creation: to see it fulfilled in the loving union between a man and a woman, rejoicing in their shared journey”

After a week filled with controversy over his position on gay marriage, Pope Francis reminded his flock that he does not support same-sex marriage. The pontiff made the declaration during the opening mass of this year’s Synod on the Family, telling approximately 270 bishops and other Catholics from around the world.

Tuesday, October 6th 2015 - 10:40 UTC

Ecuadorian international desperate to play regularly

IBARRA, a fast-flowing right winger (Pic by - Paul Meima)

On Friday Ecuador kick-off their 2018 World Cup qualifying campaign with a tough game against Argentina in Buenos Aires, and 24 year old RENATO IBARRA is hoping that he will be selected to play from the very beginning of the game and not have to sit on the bench as a substitute which has been his fate for sometime now.

Tuesday, October 6th 2015 - 10:17 UTC

BP agrees to pay 20bn dollars to settle claims with Gulf of Mexico 2010 oil spill

Millions of barrels of oil were spilled into surrounding waters. The ensuing spill took 87 days to stop. BP says the deal gives it “certainty” over what it must pay.

Oil giant BP has agreed to pay $20bn to settle claims with the US stemming from the company's Deepwater Horizon oil spill. An explosion on BP's deep-water drill, off the coast of Louisiana in 2010 killed 11 workers.

Tuesday, October 6th 2015 - 09:56 UTC

OECD has proposals to cut corporate tax minimization; but much skepticism

Osborne's plan to cut corporate tax rates means UK was embroiled in a “race to the bottom” of tax competition rather than tax co-operation with its neighbors

Companies should pay tax in the countries where they conduct business under new proposals intended to cut corporate tax minimization. An OECD/G20 report found laws allowing companies to shift profits to low-tax jurisdictions means that between $100bn and $240bn is lost annually. That equates to between 4% and 10% of global corporate tax revenues.

Tuesday, October 6th 2015 - 09:14 UTC

Falklands' stand visited by Foreign Secretary Hammond and MP Rosindell

The Foreign Secretary signing the visitors' book at the Falklands stand next to FIGO representative Sukey Cameron and MLAs Jan Cheek and Roger Edwards

Foreign Secretary Philip Hammond, MP Andrew Rosindel and Charles Tannock MEP, were among several personalities that visited the Falkland Islands stand at the Conservative Conference which is taking place in Manchester. He was met by Falklands lawmakers Jan Cheek and Roger Edwards, and Sukey Cameron, head of FIGO, Falklands' government office in London.

Tuesday, October 6th 2015 - 09:04 UTC

Nobel in medicine for creating natural drugs to combat parasites; China's first prize

Inspired by traditional Chinese medicine, Tu discovered that a compound from the wormwood plant was highly effective against the malaria parasite

Nobel prize in medicine went Monday to three scientists hailed as “heroes in the truest sense of the word” for saving millions of lives with the creation of the world's leading malaria-fighting drug and another that has nearly wiped out two devastating tropical diseases.

Tuesday, October 6th 2015 - 07:54 UTC

UK announces retail sale of £2 billion worth of shares in Lloyds Banking Group

UK Treasury said the public would be offered 5% discount to market price and  investors who hold on to the stock for more than a year would receive a bonus

The British government said on Monday it plans to sell at least £2 billion ($3.04 billion) worth of shares in Lloyds Banking Group PLC to the general public at a discount next spring as part of a broader move to cash out its stake in the bailed-out lender.

Tuesday, October 6th 2015 - 07:28 UTC

Victory for Argentina in its ongoing battle with speculative funds

Appeals court upheld a ruling from Judge Griesa, agreeing that plaintiffs were not entitled to possess the funds and did not have rights to the money superior to that of BNY Mellon.

The 2nd US Circuit Court of Appeals in New York refused on Monday to force Bank of New York Mellon Corp to turn over to holders of defaulted Argentine bonds any of the $539 million the country deposited in 2014 to pay creditors who participated in its past restructurings.

Monday, October 5th 2015 - 19:23 UTC

Falklands' veteran Simon Weston launches book on “My Life; My Story”

Simon Weston: My Life; My Story, Chequer Mead, East Grinstead, Friday, October 16, 7.30pm, £15 (£13), 01342 302000,

A Falklands' war veteran who survived the bombing of his ship when most of those on board were killed takes to the stage to tell the story of his life. In “My Life; My Story”, which comes to East Grinstead's Chequer Mead on Friday, October 16, Simon Weston OBE, will share truths about the conflict, the day the RFA Sir Galahad was attacked and the impact the event and its consequences have had since.

Monday, October 5th 2015 - 08:29 UTC

Gibraltar calls for UK to remain in the EU: “it needs to be fixed, not thrown away”

“I am confident that almost all of them (22.000 Gibraltarians) will vote in favor of remaining in Europe” said Chief Minister Picardo

The European Union needs to be ‘fixed, not thrown away’, Gibraltar Chief Minister Fabian Picardo has said in a letter to The Times. The letter follows news that Nigel Lawson is to lead the Conservative movement to leave the EU and Mr. Picardo told the newspaper that those whose best future lies in remaining in a secure Europe “need to speak up”.


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