International

International
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.

Monday, November 17th 2014 - 06:50 UTC

IEA says oil supplies may not keep up with demand

Global oil demand is expected to increase by 37% by 2040, with a dominant proportion of that coming from developing countries – i.e. China and India

Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades.

Monday, November 17th 2014 - 06:34 UTC

Top Gibraltar delegation after trade and political contacts in US

“Gibraltar has an opportunity to tap into that single market” which is being discussed between the EU and the US, said Fabian Picardo

Gibraltar Chief Minister Fabian Picardo and Deputy Chief Minister Dr Joseph Garcia are in Washington DC for a series of commercial and political meetings, which took off at the US Chamber of Commerce building in order to support the formal accreditation of AmCham Gibraltar.

Monday, November 17th 2014 - 06:23 UTC

Falklands' giant mural paying tribute to the Royal Navy painted by school in Hampshire

“The finished product is beyond mine and my committee and mess members’ wildest imagination – it is a truly inspirational piece of art”, said Simon Hayman (Pic by RN)

Students from a Hampshire college in the UK have completed a giant mural paying tribute to the Royal Navy’s role in the Falklands Conflict. Twenty students from South Downs College at Waterlooville spent a week completing the 12ft square artwork on a wall in the Warrant Officers and Senior Rates Mess at HMS Excellent in Portsmouth.

Monday, November 17th 2014 - 06:06 UTC

UK will not support World Bank loans to Argentina; British public opinion against such aid

PM Cameron is being urged by MPs to prevent any more money being sent to Argentina before a final decision on the latest loan is made next month

The United Kingdom contributions mostly through World Bank loans and aid to Argentina have again been questioned in Britain with demands on Prime Minister David Cameron to block British taxpayers cash going to the country which has 'precarious finances' and a long standing demand over the Falkland Islands sovereignty.

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