Saturday, August 15th 2015 - 07:38 UTC

UK present at the Prado agriculture show to promote business and education

Last year's British pavilion was a great success, a very good reason to repeat the experience next September

The British embassy will be present at Uruguay's Prado agriculture show with a pavilion geared to promote business, education, culture, tourism, gastronomy and entertainment. The 110th edition of the Prado event, Uruguay's main agri-business display will take place in Montevideo, between September 9 and 20.

Saturday, August 15th 2015 - 03:15 UTC

Gibraltar to become 'turnaround' cruise port for London based Noble Caledonia

Tourism Minister Samantha Sacramento underlined that “Gibraltar has become a successful, internationally-recognized maritime hub of excellence”.

London-based cruise company, Noble Caledonia, has announced the inclusion of Gibraltar as the turnaround port for two of its 2016 itineraries in the area. The news has been welcomed by the Rock's government which said this represented a major breakthrough achieved after years of negotiations by the cruise company’s local agent MH Bland with the support of the Gibraltar Tourist Board.

Friday, August 14th 2015 - 09:58 UTC

China and Asian markets begin to react to new Yuan daily rate-fix policy

 The Chinese central bank set the rate at 6.3975 Yuan per dollar compared to Thursday's close of 6.3982.

Chinese shares rose on Friday as the central bank set the reference rate for the Yuan slightly stronger. The bank set the rate at 6.3975 per dollar compared to Thursday's close of 6.3982.

Friday, August 14th 2015 - 09:23 UTC

Political ally who can save Rousseff from impeachment wants Brazil out of Mercosur

Calheiros, president of the Senate belongs to the largest party in Brazil and main coalition ally of the ruling Workers Party, from president Dilma Rousseff

Renan Calheiros, president of the Brazilian Senate, and the man who could help President Dilma Rousseff avoid impeachment in Congress, has proposed a package of measures to rescue Brazil from its current stagflation, but among his demands is “an end to the customs union of Mercosur”.

Friday, August 14th 2015 - 09:06 UTC

Highest PLO award to Cristina Fernandez for supporting Palestinian state

“It’s very significant that Argentina was on the forefront in leading the majority of the continent in recognizing Palestine,” said Saeb Erekat

Palestine Liberation Organization (PLO) chief Saeb Erekat praised Argentine President Cristina Fernandez for her support and recognition of the Palestinian state as he paid tribute to the backing of the region’s leaders.

Friday, August 14th 2015 - 08:45 UTC

Blair warns Labor faces 'annihilation' if it chooses Jeremy Corbyn as leader

“Labour party is in more mortal danger today than at any point in the over 100 years of its existence” argued former PM Tony Blair in The Guardian

Former British prime minister Tony Blair made a dramatic intervention into the debate over the future leadership of the Labor Party this week, warning Labour voters that the party faces “annihilation” if it chooses Jeremy Corbyn as leader.

Friday, August 14th 2015 - 08:32 UTC

UK to protest to Ecuador for harboring Assange; policing the embassy has cost 18.8m dollars

“Ecuador must recognize that its decision to harbor Mr. Assange more than three years ago has prevented the proper course of justice...” said Swire

The UK is to make a formal protest to the government of Ecuador over the country's decision to “harbor” Julian Assange, the Foreign Office has said. The Wikileaks co-founder sought asylum at London's Ecuadorean embassy in 2012 to avoid extradition to Sweden.

Thursday, August 13th 2015 - 07:40 UTC

The Economist group strengthens independence through share buy-back

“This agreement will also lead to the sale of the Economist Complex, which has served us well for many years”.

The Economist Group announced on 12 August 2015 that it will buy back 5.04m ordinary shares (20% of total share capital) from Pearson plc for £182m. Pearson’s remaining shares in the Group will be acquired by Exor for £287m, including all of its 1.26m B shares and 6.3m ordinary shares (30% of total share capital).<br />
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Thursday, August 13th 2015 - 06:45 UTC

Griesa sanctions Argentina for not turning in information on assets

Griesa agreed with NML that Argentina should be punished for failing to turn over evidence that the fund wants to use to discover assets.

New York district judge Thomas Griesa has said he will consider all Argentine government assets in the United States, except for diplomatic and military ones, as commercial assets which hedge fund NML Capital could try to seize.

Thursday, August 13th 2015 - 06:17 UTC

For third consecutive day China weakens the Yuan against the US dollar

The PBoC set the Yuan fixing at 6.4010, compared to the previous day's close of 6.3870, sending the currency 0.7% lower to 6.43 per dollar in early trade.

The People's Bank of China (PBoC) weakened the Yuan against the dollar for a third consecutive day on Thursday, following reports the central bank intervened to stem the currency's sharp slide late on Wednesday. The PBoC set the Yuan fixing at 6.4010, compared to the previous day's close of 6.3870, sending the currency 0.7% lower to 6.43 per dollar in early trade.


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