Tuesday, March 30th 2010 - 04:23 UTC

Relief in European Union: Greece manages to take 5 billion Euros in 7 year bonds

Greek Finance Minister George Papaconstantinou: “I’m satisfied”

Greece on Monday took five billion Euros with a seven-year bond just days after being given a lifeline by the European Union to help resolve its unprecedented debt crisis but analysts noted timid demand for the offer.

Tuesday, March 30th 2010 - 04:17 UTC

Latest strike by cabin crew cost British Airways £ 5 million a day

Treasury Secretary Timothy F. Geithner: “we don’t want to be in the business of owning a share in a private company a day longer than necessary”

British Airways has said that the latest strike by cabin crew has cost them £5.5m-a-day - down from £7m for the first walkout. The airline claims it carried 118,575 passengers in total over Saturday and Sunday compared to 86,262 the last weekend.

Monday, March 29th 2010 - 18:48 UTC

Falklands training ground for UK troops to be deployed in Afghanistan

British troops with live munitions in Onion Range

Eight thousand miles from the United Kingdom in the Falkland Islands more than 150 soldiers from 1st Battalion The Yorkshire Regiment are preparing for war.

Monday, March 29th 2010 - 04:33 UTC

Gibraltar-Madrid air-bridge in doubt after Spanish airline suspends flights

Conflicting versions about Andalus airlines real problems

The future of the air bridge between Gibraltar and Madrid was in doubt following Ándalus Líneas Aéreas suspension last week of all flights in the face of unpaid debts running into hundreds of thousands of dollars.

Monday, March 29th 2010 - 04:25 UTC

China takes the lead position as the world’s main exporter

Some countries complain the Chinese Yuan is undervalued 20%

The World Trade Organization confirmed China's top position in the global markets saying it had now overtaken Germany as the world's top exporter. The United States comes in third on the list behind Germany.

Monday, March 29th 2010 - 04:19 UTC

Chinese firm buys Volvo from Ford for 1.8 billion USD

”I see Volvo as a tiger” said Li Shufu, chairman of Zhejiang Geely Holding (AFP)

A Chinese firm has sealed a 1.8 billion USD deal to buy Volvo, the troubled US-owned Swedish car maker, ending more than a decade of ownership by Ford Motors.

Monday, March 29th 2010 - 00:21 UTC

UK participates in Chile’s FIDAE with cutting edge technology in defence

The delegation is led by Air Chief Marshal Sir Stephen Dalton, Chief of Air Staff of the Royal Air Force

United Kingdom companies involved in some of the most cutting edge technology in the defence and security sectors are currently in Santiago for the Air and space air exhibition, FIDAE.

Sunday, March 28th 2010 - 21:46 UTC

First gay marriage in Westminster: groom was Foreign Office minister Chris Bryant

The happy couple, Chris (R) and Jared, following the milestone ceremony

The Palace of Westminster, which houses the British Parliament, was on Saturday the venue of an unprecedented event: its first gay wedding.

Saturday, March 27th 2010 - 06:47 UTC

Chile and Uruguay best ranked in global information technology report

Sweden tops the rankings of The Global Information Technology Report 2009-2010, released this week for the ninth consecutive year by the World Economic Forum.

Saturday, March 27th 2010 - 06:44 UTC

Falklands join Earth Hour, the 125th country to participate in the global event

Lights at Whalebone Arch in Stanley are to be switched off for one hour

The Falkland Islands are to participate Saturday in ‘Earth Hour’, a global awareness campaign on climate change organised by the World Wide Fund for Nature which spans thousands of cities around the world.


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