International

International
Wednesday, November 19th 2014 - 04:07 UTC

E-cigarettes make “Vape” word of the year, says Oxford English Dictionary

A derivative of vapor or vaporizing, the word can also be a noun describing the action and the device.

Oxford English Dictionary named “vape” - the word used for drawing on an electronic cigarette instead of a burning stick of tobacco – as its 2014 word of the year.“You are thirty times more likely to come across the word 'vape' than you were two years ago, and usage has more than doubled in the past year,” staff editors have said.

Tuesday, November 18th 2014 - 13:51 UTC

Gibraltar with new air links: to Bristol and Morocco

The Chamber added that re-establishing the first air link between Gibraltar and Tangier in decades was another welcome development.

The Gibraltar Chamber of Commerce has welcomed the announcement of new air links to the UK and to Morocco, highlighting the tourism and business opportunities they will create. In a statement, it said the addition of the Gibraltar-Bristol route would open up additional markets for visitors, both business people and tourists, from Wales and the south west of England.

Tuesday, November 18th 2014 - 08:13 UTC

Argentina celebrates G20 summit support on sovereign debt restructuring

Kicillof said that the Argentine delegation was “extremely pleased that the issue was included in the final document,” for the first time in the history of the G-20.

The official communiqué of the G20 summit released at the end of the bloc’s meeting in Brisbane, Australia, included a paragraph on sovereign debt restructuring process, as requested by Argentina. Economy Minister Axel Kicillof and Foreign Minister Héctor Timerman celebrated it and described it as ‘historic’.

Tuesday, November 18th 2014 - 08:04 UTC

G20 agrees on growth, climate change and taxes, but Putin leaves pressed on Ukraine

Putin left the G20 summit in Brisbane early as Obama accused Russia of invading Ukraine and Britain warned of a possible “frozen conflict” in Europe. (Pic Reuters)

Leaders from the G20 group of nations agreed on Sunday to boost flagging global growth, tackle climate change and crack down on tax avoidance but ties between the West and Russia plummeted to a new low over the crisis in Ukraine.

Tuesday, November 18th 2014 - 07:59 UTC

German bondholders join the “me-too club” demanding payment of Argentine bonds

Bondholders, advised by the firm based in Boston Bingham McCutchen, asked US District Judge Thomas Griesa to take Argentina to court and be paid fully

Demands against Argentina by so-called “me-too” bondholders, who are asking to be paid in the same conditions as Elliot and Aurelius Managment holdouts, are starting to pile up as holders of Argentine bonds issued under German law who didn’t take part of the country’s debt swap filed a new complaint at a United States court to demand full payment.

Tuesday, November 18th 2014 - 07:32 UTC

Land Rover plus Holland & Holland design one of the most luxurious SUVs for hunters

Billed as the most expensive Range Rover ever, the car maker only expects to produce 120 of these vehicles during a limited run over the next three years.

What is the most you have ever paid for a hunting-related feature on your car? In partnership with British gun maker Holland & Holland, Land Rover has designed what they call one of the most luxurious SUVs for hunters and recreational shooters on the market.

Tuesday, November 18th 2014 - 06:52 UTC

David Cameron: Red lights are flashing on the global economy (*)

“The Euro zone is teetering on the brink of a possible third recession, with high unemployment, falling growth and the real risk of falling prices too”.

The G20 meeting in Brisbane made it clearer than ever to me that we in Britain must stick to our long-term economic plan. Six years on from the financial crash that brought the world to its knees, red warning lights are once again flashing on the dashboard of the global economy

Tuesday, November 18th 2014 - 06:39 UTC

European Union blasts main trading partners over protectionism

”I regret to see that many countries still consider protectionism a valid policy tool. said Cecilia Malmström, the EU Trade Commissioner.

The tendency to impose trade-restricting measures remains strong among the European Union's commercial partners, fuelling continuing uncertainty in the world economy. These are the main findings of the European Commission's annual report on protectionism published Monday 17 November.

Tuesday, November 18th 2014 - 06:26 UTC

China and Australia seal major free trade agreement after a decade of talks

PM Tony Abbott described the deal as the first China signs “with a substantial economy, and the most comprehensive agreement that China has concluded”.

China and Australia have sealed a major free trade agreement, as Chinese President Xi Jinping made a rare address to parliament in Canberra. The deal, the result of a decade of talks, will open up markets worth billions of dollars, Canberra says.

Tuesday, November 18th 2014 - 06:12 UTC

China and Brazil confirm closer trade and investment ties

Rousseff said Brazil hopes to enhance cooperation with China in such areas as oil and gas, new energy, satellite and information technology

Chinese President Xi Jinping met his Brazilian counterpart Dilma Rousseff in Australia on the sidelines of the G20 summit, calling for substantial progress in China-Brazil railway cooperation and further expanding trade and investment.

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