Saturday, June 25th 2011 - 07:35 UTC

Europe tightens borders to block the influx of immigrants

President Sarkozy praised the agreement

European Union leaders agreed Friday to tighten migration safeguards, including potentially reintroducing border controls between states, in a controversial response to an influx of migrants fleeing North Africa's upheaval.

Friday, June 24th 2011 - 22:58 UTC

China says it can control inflation and maintain robust growth

Prime Minister Wen Jiabao, columnist of the Financial Times

Chinese premier Wen Jiabao has said that China can control inflation and maintain its robust growth. Writing in the Financial Times, Mr Wen said “price rises will be firmly under control this year”.

Friday, June 24th 2011 - 22:23 UTC

FIFA slams Brazil’s slow pace of preparation for the 2014 World Cup

Secretary general Jerome Valcke said Maracana is not a “World Cup stadium”

Brazil's slow pace of preparation for the 2014 World Cup has come under attack from FIFA general secretary Jerome Valcke. Stadium development plus work on airports and the transport system are lagging well behind schedule.

Friday, June 24th 2011 - 22:15 UTC

Malaysia’ AirAsia sings 18.5bn USD contract for 200 A320neo

Tan Sri Tony Fernandes CEO of AirAsia the fastest low-cost growing airline in the world

Malaysia’s AirAsia signed an 18.5 billion US dollars landmark deal for 200 A320neo Airbus, with an option for another 100, making AirAsia the biggest airline customer for the European corporations for the single-aisle product line worldwide.

Friday, June 24th 2011 - 21:58 UTC

Croatia become the European Union 28th member; final ratification June 2013

EU President Herman Van Rompuy made the announcement

European Union leaders said Croatia is ready to become the bloc’s 28th member, signalling peace in the Balkan region.

Friday, June 24th 2011 - 20:15 UTC

Krugman: “when Argentina tried to act as a serious country, it was “a disaster”

Nobel Prize Krugman argues Argentina suffered terribly from 1998 to 2001 when “it tried to be orthodox and do the right thing”

Nobel Prize winner Paul Krugman took to his blog in the New York Times to say he didn’t see how Argentina’s default could be seen as a cautionary tale for Greece, and questioned a local economist who assured Argentina was not considered “a serious country.”

Friday, June 24th 2011 - 19:02 UTC

Upgraded HMS Illustrious is converted to helicopter and commando carrier

“Lusty” joins the RN fleet until 2014 when she will be taken out of service

The Royal Navy aircraft carrier HMS Illustrious has begun sea trials following a £40m maintenance and upgrade program. 'Lusty' left Rosyth after 16 months during which she was converted into a helicopter and commando carrier, and should return to the fleet at the end of July.

Friday, June 24th 2011 - 18:33 UTC

China readies its first carrier, “a symbol of a great nation”

The carrier is being built on the hull of the former Russian Varyag

Chinese military officials have confirmed that the country is completing work on its first aircraft carrier, based on the hull of Russian carrier Varyag.

Friday, June 24th 2011 - 11:07 UTC

Britain says Brazil has the best science base outside the G8

Petrobras CEO Jose Sergio Gabrielli (Photo Reuters)

The UK said that Brazil has the best science base outside the G8, and Brazil’s state-controlled oil and gas giant Petrobras CEO Jose Sergio Gabrielli predicted that his country will shortly become the world's largest market for deep offshore oceanic hydrocarbon exploration equipment.

Friday, June 24th 2011 - 10:59 UTC

Brazil and Spain, leading candidates for next head of FAO

Miguel Angel Moratinos and former Brazilian Food security minister Jose Graziano da Silva

Brazilian and Spanish candidates are leading the field for the Sunday June 26 upcoming election for the next head of the Food and Agriculture Organization in Rome, the UN agency leading the struggle against global hunger.


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