Wednesday, November 11th 2015 - 08:36 UTC

PM Cameron outlines UK's conditions to remain in the EU

Cameron has promised to put the issue to a referendum by the end of 2017, and his aides suggest that he might do so as early as next June.

Prime Minister David Cameron on Tuesday formally laid out Britain’s conditions for remaining in the European Union, seeking changes in his country’s relationship with Brussels that he is betting are substantial enough to win over a majority of British voters but modest enough for the rest of Europe to swallow.

Wednesday, November 11th 2015 - 07:35 UTC

Uruguay hopeful of a more 'flexible' Argentina whoever wins on 22 November

Foreign minister Nin Novoa said Uruguay will insist with the different-speeds approach to agreements between Mercosur members and other countries.

The Uruguayan government is hopeful that with president Cristina Fernandez no longer at the helm of Argentina, as of 10 December, a more flexible attitude can be expected from the newly elected authorities, particularly regarding Uruguay's intention of signing trade agreements with third parties, if Mercosur is not interested in such commitment.

Wednesday, November 11th 2015 - 07:25 UTC

Argentine agro-business shares booming on presidential candidates' pledges

Both Daniel Scioli and Mauricio Macri have promised that if elected, they will significantly reduce export levies on soy and eliminate those on wheat and corn.

Argentina's agro-business shares are booming in the Buenos Aires stock exchange since 26 October, following the first round of the presidential election, and expectations are even greater on the promises from the two candidates that will be disputing the runoff on 22 November.

Wednesday, November 11th 2015 - 06:47 UTC

Argentina to purchase Israel fighter jets, according to defense media reports

In 2013, the Argentine Air Force began negotiations with Israel for 18 Kfir Block 60 fighters as an alternative to another deal for surplus Spanish Mirage

After almost two years of negotiations and endless speculations surrounding the question of what fighter jet Argentina would go for, Argentine media report that a decision has been made to purchase the IAI Kfir jets to replace the Air Force’s Mirages. According to the report, in Interdefensa Militar Argentina, the decision is currently awaiting final approval from the Cabinet.

Wednesday, November 11th 2015 - 06:34 UTC

Catalonia acting premier Mas rebuked by secession coalition partner

CUP leaders are refusing to support a figure like Mas whom they see as the embodiment of corruption and social cuts in Catalonia.

Catalan government’s partner in the secessionist drive, the small anti-capitalist CUP party, on Tuesday confirmed that its preferred candidate to head the region following the September 27 election is not acting premier Artur Mas.

Wednesday, November 11th 2015 - 06:11 UTC

Argentina's Supreme Court orders YPF to publicly release 2013 contract with Chevron

Justices noted that president Cristina Fernandez appointed Miguel Galuccio as YPF chief executive and economy minister Axel Kicillof is a board director.

Argentina's supreme court has ordered state-controlled YPF to publicly release all clauses of a 2013 contract with Chevron to develop shale oil in the country's vast Vaca Muerta formation. In a 3-1 ruling, the justices sided with opposition Socialist Senator Hector Ruben Giustiniani, ruling that the state's 51% stake in the firm effectively makes it a public company subject to transparency laws.

Wednesday, November 11th 2015 - 05:50 UTC

Germany mourns one of the architects of modern, unified Europe, Helmut Schmidt

Mr. Schmidt died on Tuesday afternoon in his home city of Hamburg, his doctor Heiner Greten was quoted as saying by German media.

Helmut Schmidt, who served as West German Chancellor from 1974 to 1982, has died aged 96, his office says. Mr. Schmidt, who was a Social Democrat, was an architect of the European Monetary System, which linked EU currencies and helped pave the way to the euro. He also helped to consolidate Germany's post-war economic boom.

Tuesday, November 10th 2015 - 09:31 UTC

Sofia and its variants, is the most popular baby name in the world

Name-statistics from 49 countries showed that Sophia, which means “wisdom” topped lists in nine countries, including Italy, Slovakia, Russia and Mexico.

A new study by naming expert Laura Wattenberg has found that Sophia, and its variants including Sofia, is the most popular baby name in the world. Wattenberg collected name statistics from 49 countries, and Sophia, which means “wisdom” topped lists in nine countries, including Italy, Slovakia, Russia and Mexico.

Tuesday, November 10th 2015 - 07:22 UTC

Falklands will attend BOT Joint Ministerial Council in London on December

The JMC meeting in December at Lancaster House, will be hosted by FCO Minister for the Overseas Territories James Duddridge MP.

The Falkland Islands will be attending the fourth meeting of the British Overseas Territories Joint Ministerial Council (JMC) will be held in London on 1 - 2 December at Lancaster House, which will be hosted by FCO Minister for the Overseas Territories James Duddridge MP.

Tuesday, November 10th 2015 - 06:17 UTC

OECD lowers global growth estimate; sharp downturn in emerging markets

In September, the OECD forecast global growth to be 3.0% this year, trimming estimates it made in June for 3.1%.

A further sharp downturn in emerging market economies and world trade has weakened global growth to around 2.9% this year – well below its long-term average – and is a source of uncertainty for near-term prospects, the Organization for Economic Co-operation and Development (OECD) said on Monday.


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