Wednesday, May 19th 2010 - 05:41 UTC

Central America and EU reach a free trade agreement

The agreement will benefit Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama

Central American countries and the European Union (EU) reached on Tuesday an agreement on the first ever free trade deal between the two regions, they announced in a joint statement.

Wednesday, May 19th 2010 - 02:52 UTC

EU/Latam summit results “not sufficient”; new “faster pace” needed

Chile’s Piñera will be hosting the next summit in Santiago, 2012

Chilean president Sebastián Piñera said that the results of the VI European Union/Latam-Caribbean leaders’ summit in Madrid which closed Tuesday was “insufficient” since adequate solutions for present-day problems faced by the regions were lacking.

Wednesday, May 19th 2010 - 01:02 UTC

Terrorism turns some countries into ‘useful idiots’, claims Colombia’s Uribe

The outgoing Colombian leader, Alvaro Uribe

Terrorism knows how to convert some countries into useful idiots said Colombian president during an interview with Spanish media in the framework of the EU-Latam-Caribbean leaders’ summit in Madrid.

Tuesday, May 18th 2010 - 22:02 UTC

Britain’s stance on the Falklands a “mistake”; UN resolutions must be complied

Mrs. Kirchner blamed “unilateralism” for global insecurity

Argentine president Cristina Fernandez de Kirchner said that Britain’s stance of declaring sovereignty over the Falklands/Malvinas sovereignty “non-negotiable” is a “mistake” dictated by “unilateral practices” that have created insecurity in the world.

Tuesday, May 18th 2010 - 21:58 UTC

Spanish maritime guidelines acknowledge British Gibraltar territorial waters

Brid’s eye view of Gibraltar

Spain’s Popular Party opposition has complained after a Spanish ministry issued guidelines to maritime rescue services that appear to acknowledge British Gibraltar territorial waters.

Tuesday, May 18th 2010 - 18:14 UTC

Peruvian president criticizes spiralling military expenditure in South America

García also complained about leaders’ “multi-summits” syndrome

Peruvian president Alan Garcia criticized spiralling military expenditure in South America, a fact he linked to the recently created Union of South American Nations, Unasur.

Tuesday, May 18th 2010 - 18:01 UTC

EU agrees on tougher regulation for hedge funds, in spite of UK objections

German Finance minister Wolfgang Schaeuble: “This (unregulated) hole will now be closed.”

European Union finance ministers have agreed to introduce tougher regulation of the hedge fund industry. Ministers overrode objections by the new UK government and the City of London, where 80% of European funds are based.

Tuesday, May 18th 2010 - 18:00 UTC

Chile and Peru leaders move to improve “rocky” bilateral relations

Presidents García and Piñera are both attending the Madrid summit

Chilean President Sebastian Piñera and Peruvian President Alan Garcia Perez met Sunday in the lead up to the European Union, Latin American, and Caribbean Summit in Madrid. The meeting represented a big step forward in improving the current rocky relations between Chile and Peru.

Tuesday, May 18th 2010 - 15:39 UTC

HMS Scott back in Davenport after six months tour in Antarctica

HMS Scott completed operations in Antarctica

The Royal Navy survey ship HMS Scott returned to Devonport this week after six months on deployment in the southern hemisphere. The deep-water survey ship deployed on 26 October 2009 replaced stricken HMS Endurance in Ice patrol duties.

Tuesday, May 18th 2010 - 04:57 UTC

“We must help the US manage its retreat as the only global boss”, says Mujica

President Mujica resting from over stress and meditating on world affairs

“We must help the United States because they are on retreat, and they must manage that retreat”, said Uruguayan president Jose Mujica in an interview with a new Argentine newspaper “Tiempo Argentino” launched last Sunday. This is the first interview of the Uruguayan president to an Argentine daily.


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