Euro zone ministers agreed on Tuesday to ramp up the firepower of their rescue fund but couldn't say by how much and raised the possibility of asking the IMF for more help after Italy's borrowing costs hit a Euro lifetime high of nearly 8%.
Standard & Poor's reduced on Tuesday its credit ratings on several big banks in the United States and Europe as the result of a sweeping overhaul of its ratings criteria.
Spain’s Conservative daily ABC diplomatic correspondent is predicting the demise of the Tripartite Forum, involving Spain, UK and Gibraltar, under Mariano Rajoy PP government expected to take office in mid December
Britain may be without a fully operational aircraft carrier until 2030, according to a report published by the Commons spending watchdog. The Public Accounts Committee (PAC) says two carriers being built will cost more, offer less military capability and be ready much later than planned.
Global temperatures in 2011 are currently the tenth highest on record and are higher than any previous year with a La Niña event, which has a relative cooling influence. The 13 warmest years have all occurred in the 15 years since 1997. The extent of Arctic sea ice in 2011 was the second lowest on record, and its volume was the lowest.
The Russian Ambassador has thanked the crew of the RAF Search and Rescue Flight, which included Prince William, for their attempts to rescue the crew of a sinking Russian cargo vessel this weekend.
The Royal Navy's new ice patrol ship, HMS Protector left Portsmouth Monday for a seven-month deployment surveying and patrolling the frozen continent of Antarctica. The 5.000-tons ice-breaking ship completed an intensive period of sea trials and training prior to deploying to the Antarctic Peninsula.
Foreign Office Minister Jeremy Browne on Tuesday opened a new Consulate General in Recife, Brazil - the city which became home to one of the first ever British missions in South America in 1808.
The United States and European Union agreed on Monday to develop a plan to capitalize on already strong economic ties to create more jobs and fuel economic growth on both sides of the Atlantic.
For the first time since data is recorded the number of people leaving Spain in search of better opportunities will be higher in 2011 than those incoming, according to the country’s stats office, INE.