Wednesday, September 10th 2014 - 06:03 UTC

World Bank commits 5bn dollars financial support for Argentina in 2015/2018

“WB will be supporting Argentina in reaching the most vulnerable in society, especially in the lowest income areas of the country” said Jesko Hentschel

The World Bank Group’s (WBG) Executive Directors discussed a new Country Partnership Strategy (CPS) for Argentina covering fiscal years 2015-2018 with financial commitments over the period expected to be in the range of 1 to 1.2 billion dollars per year plus 1.7bn for the private sector.

Wednesday, September 10th 2014 - 04:55 UTC

Blatter will run for a fifth term, despite ongoing corruption scandals

”Yes I will be ready. I will be a candidate” said Blatter in a pre-recorded interview

Sepp Blatter has confirmed he will run for a fifth, four-year term as FIFA president. Buoyed by a successful World Cup in Brazil and UEFA President Michel Platini opting not to stand in next year’s election, the 78-year-old Blatter believes he has the backing to win again.

Wednesday, September 10th 2014 - 04:29 UTC

Paraguay argues that soccer was first played by Guarani tribes, according to Jesuit reports

Jesuit chroniclers from the 17th, 18th Century wrote about a ball game played on foot called “mangai”.(Pic Conmebol)

The Guarani tribes that lived in South America in the 17th century used to play a sport similar to soccer when the Jesuits arrived to establish their missions, claims a video based on historical documents released by Paraguay’s Secretary for Culture. Entitled “The Guaranies invented soccer,” the video collects findings made by anthropologists who studied the Jesuits’ legacy in the country.

Tuesday, September 9th 2014 - 04:36 UTC

A hundred Spanish fishing vessels return to Moroccan waters

There will be a relaxation of the conditions of compulsory capture landing in Moroccan ports, “which will allow better operation of the fleet”

Representatives of the European Union (EU) and Morocco that make up the Joint Committee managed to solve all the practical issues which have been pending since the bilateral fisheries agreement was signed and that prevented the African country from issuing the fishing licenses.

Tuesday, September 9th 2014 - 04:22 UTC

UK agreement in principle for 'ad hoc' talks with Spain and Gibraltar

The Foreign Affairs Committee visited Gibraltar earlier this year to hear directly from Chief Minister Fabian Picardo on issues affecting the Rock.

The British Government has confirmed that after the “disappointment” of delays it has now reached “agreement in principle to the terms for talks and are discussing with both the Spanish Ministry of Foreign Affairs and the Government of Gibraltar how and when talks can be organized.”

Tuesday, September 9th 2014 - 04:07 UTC

Japan's economy contracted 1.8% in second quarter; fall blamed on consumer sales tax

There are calls for PM Shinzo Abe to delay a further rise planned for next year, while the central bank has faced fresh demands to expand its stimulus program.

Japan's economy shrank 1.8% in the April-to-June period, worse than forecast and raising more questions about the government's economic policy. The official data confirmed that the world's third largest economy suffered its sharpest quarterly contraction since the 2011 earthquake disaster.

Tuesday, September 9th 2014 - 04:00 UTC

China exports up 9.4% in August over a year ago, but imports were down 2.4%

The unexpected dip in imports was seen by economists as a sign of ongoing weak domestic demand on the mainland

China's latest export numbers rose by 9.4% in August from a year earlier, beating forecasts of about 8% growth. The official data showed imports dropped by 2.4% from the year before, though, which left the country with a record surplus of 49.8bn dollars.

Tuesday, September 9th 2014 - 03:44 UTC

UK Coca Cola adopts color coded labeling with nutritional information

The color-coding shows how much fat, saturated fat, salt, sugar and energy (calories) is in a product.

Coca-Cola Great Britain (CCGB) is adopting the UK Government’s voluntary front of pack nutrition labeling scheme, which combines nutrient amounts and percentage Reference Intakes (RIs) with color-coding to show how much fat, saturated fat, salt, sugar and energy (calories) is in a product.

Tuesday, September 9th 2014 - 03:35 UTC

William and Kate expecting their second baby and fourth-in-line to British throne

“Many congratulations to the Duke and Duchess of Cambridge. I'm delighted by the happy news that they're expecting another baby” said PM Cameron

Britain's Prince William and his wife Kate are expecting their second baby, his office announced on Monday. The baby will be fourth-in-line to the British throne, after grandfather Prince Charles, father William and elder brother George, the couple's first child who was born in July last year.

Monday, September 8th 2014 - 07:22 UTC

“Smart-cruise” will have all passengers connected on RFID the moment they step on board

Royal Caribbean’s 'Quantum of the Seas' or “The World’s First Smart-ship” will be launched next month in Germany

With technology that has never been used on cruise ships before, including high-tech “WOWband” bracelets and apps that put everything at passengers’ fingertips, Royal Caribbean’s 'Quantum of the Seas' has been dubbed “The World’s First Smart-ship.”


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