International

International
Saturday, May 16th 2015 - 08:41 UTC

Giant washed-up squid found on NZ beach displayed at Kaikoura aquarium

The mantle is more than 2 meters long, and the longest tentacle measures over five meters. The diameter of each eye was found to be around 19 centimeters.

A local aquarium in New Zealand reported that a giant washed-up squid has been found on a beach at South Bay in Kaikoura. Reportedly, a man—who was out with his dog for a stroll at the beach—accidentally stumbled upon the marine creature with long tentacles.

Saturday, May 16th 2015 - 08:30 UTC

Falklands' geophysical oil exploration buoy ends up in SW Australia

Little is known as to how exactly the buoy – no bigger than a standard box trailer – became detached from its anchoring or how long it spent adrift at sea.

The hull bears the scars of a 10,483 kilometre journey from the Falkland Islands in the south Atlantic, through the Southern and Indian Oceans to the shores of Esperance in southern Western Australia, according to reports in the Australian media.

Saturday, May 16th 2015 - 07:46 UTC

Levy tries to convince investors in London that Brazil slowdown is temporary

Levy reiterated that the government is sticking to its primary surplus target of 1.2% of GDP, something the IMF said is crucial to regain investors’ confidence.

Brazilian Finance Minister Joaquim Levy said he expected the country’s economic slowdown to be temporary and that fiscal discipline remained central to ensuring the recovery as a commodity price boom waned. Addressing investors in London, Levy said fiscal discipline was needed to cushion the economy against the inflationary effects of the falling Real currency.

Friday, May 15th 2015 - 07:38 UTC

The project of a trans-continental railway, Atlantic to Pacific, with Chinese funds

The 10bn dollar mega project is expected to be formalized during a four-country Latin American tour by Chinese Premier Li Keqiang

Peru, Brazil and China are moving forward on a transcontinental railway that will cut across the continent, climb the Andes and connect port cities in the Pacific and Atlantic coasts.

Friday, May 15th 2015 - 07:23 UTC

Brazil waiting for 50bn dollars of Chinese support to overhaul infrastructure

Chinese Premier Li arrives Tuesday in Brasilia on an official visit and will also visit former capital Rio. He then flies to Colombia, Peru and Chile

China will invest 50 billion dollars to help overhaul Brazil's aging infrastructure, the government announced on Thursday, ahead of an official visit by Chinese Prime Minister Li Keqiang next week. Brazil has repeated that it was determined to overhaul its dilapidated roads, railways, airports and ports.

Thursday, May 14th 2015 - 08:45 UTC

Malvinas war veterans appeal abuses case to Inter American Human Rights Commission

The case before IHRC alleges 'denial of justice' following on Argentina's Supreme Court refusal to take the case because of time limit expiration

Malvinas war veterans have taken their Human rights abuse case against Argentine officers to the Inter American Human Rights Commission, IHRC, following on Argentina's Supreme Court decision rejecting the case because of time limit.

Thursday, May 14th 2015 - 08:17 UTC

Saudi Arabia continues to turn screws on U.S. Shale

Saudi Arabia has increased production by 700,000 barrels per day since the fourth quarter of 2014 in an effort maintain market share

Saudi Arabia continues to ratchet up production, taking market share away from U.S. shale producers. According to OPEC's latest monthly oil report, Saudi Arabia boosted its oil output to 10.31 million barrels per day in April, a slight increase over the previous month's total of 10.29 million barrels.

Thursday, May 14th 2015 - 08:02 UTC

Vatican formally recognizes the State of Palestine and signs first treaty

During a visit to the Middle East a year ago, Pope Francis delighted his Palestinian hosts by referring to the “State of Palestine”

The Vatican concluded its first treaty that formally recognizes the State of Palestine, with an agreement on Catholic Church activities in areas controlled by the Palestinian Authority, the Holy See said on Wednesday.

Wednesday, May 13th 2015 - 08:14 UTC

Remittances to Latin America and Caribbean beat the 2008 pre-crisis record

“Remittances remain an important source of income for millions of families in Latin America and the Caribbean,” said IMF Fernando Jimenez-Ontiveros

Remittances to Latin America and the Caribbean set a new record high in 2014 with 65bn dollars basically supported by the recovery of the economy and labor market in the United States, according to the latest release from the Inter American Development Bank.

Wednesday, May 13th 2015 - 07:46 UTC

Asian countries in top five spots of OECD global schooling performance

“This is the first time we have a truly global scale of the quality of education,” said the OECD's education director, Andreas Schleicher.

The biggest global school rankings have been published, with Asian countries in the top five spots and African countries at the bottom. Singapore heads the table, followed by Hong Kong, with Ghana at the bottom. The UK is in 20th place, among higher achieving European countries, with the US in 28th.

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