Politics

Politics
Tuesday, October 14th 2014 - 06:00 UTC

A masterly account of the Battle of the Falklands 1914

The Battle of the Falklands 1914 By Graham Pascoe reviewed by David Tatham - With the centenary of the 1914 naval battle coming up in December and commemorations planned for Falkland Islands capital, Stanley and London, Graham Pascoe’s concise account of the battles of Coronel and the Falkland Islands is well timed.

Tuesday, October 14th 2014 - 05:53 UTC

Pope Francis shakes Vatican policy with new attitude towards gays

“If someone is gay and he searches for the Lord and has good will, who am I to judge?” said Pope Francis recently speaking with journalists

The Vatican has taken strides in announcing a new change in views towards homosexuals, which according to a Vatican document drafted after a week-long discussion of 200 bishops on family issues, states that homosexuals have “gifts and qualities to offer.”

Tuesday, October 14th 2014 - 05:35 UTC

Bank of England governor warns 'bankers' behavior still needs to change”

Governor Carney's warning comes amid a radical reshape of the industry aimed at limiting the impact of any future bank collapses.

Bankers' behavior still needs to change following the financial crisis, Bank of England governor Mark Carney has warned. He added that top executives had “got away without sanction”.“Maybe they were not at the best tables in society after that, but they're still at the best golf courses. That has to change,” he said. Mr Carney was speaking at the International Monetary Fund's annual meeting in Washington.

Tuesday, October 14th 2014 - 05:26 UTC

Economics Nobel Prize for work on dominating companies and market regulation

“Jean Tirole is one of the most influential economists of our time; most of all he has clarified how to understand and regulate industries with a few powerful firms” (AFP)

French economist Jean Tirole won the 2014 Nobel Prize for economics for his work that has shed light on how governments should regulate powerful companies that dominate markets, the Royal Swedish Academy of Sciences said on Monday.

Tuesday, October 14th 2014 - 05:15 UTC

Lady Alice: “Argentines eat a lot of beef, but have never eaten a journalist”

Jeremy Clarkson, expert in baits for controversy and fabrications who appeals to English nationalistic instincts

Jeremy Clarkson and BBC's 'Top Gear' program need publicity and controversy to keep going and that he has managed with his recent incursion through the south of Argentina, which ended with his team escorted to the border with Chile fearing 'for their lives', which obviously impeded them from accomplishing their formal task but not the real objective.

Monday, October 13th 2014 - 07:17 UTC

Argentina doesn't need international credit, “we have foreign currency to face debt maturities”

Kicillof argued the problem with foreign credit is “conditions demanded”

Argentine Economy Minister Axel Kicillof has assured that the government of president Cristina Fernandez is not seeking international financing despite current economic problems, since it has foreign trade surpluses and all the foreign exchange needed to face debt maturities.

Monday, October 13th 2014 - 07:10 UTC

Racial tension erupts in St Louis as heavy handed police arrest demonstrators

The fatal shooting of an African American teenager by an off-duty cop last Wednesday has inflamed tensions

Riot-gear clad police arrested at least 17 people on Sunday after they refused orders to disperse from a spontaneous sit-in outside a convenience store in St. Louis during a weekend of otherwise peaceful protests against police violence.

Monday, October 13th 2014 - 07:04 UTC

Head of Pentagon underlines military partnership of the US with Chile

Hagel is on a three-countries six-day visit to South America and on Monday will attend the Americas Defense ministers conference in Peru

US Defense Secretary Chuck Hagel met with government leaders in the Chilean capital of Santiago on Sunday to discuss deepening the U.S. military partnership with Chile.

Monday, October 13th 2014 - 06:54 UTC

US against China proposal to create a regional development bank for Asia

Xi Jinping want to make the formal announcement at a summit meeting of Asian leaders in November

For almost a year, China has been pitching an idea to its neighbors in Asia: a big, internationally funded bank that would offer quick financing for badly needed transportation, telecommunications and energy projects in underdeveloped countries across the region.

Monday, October 13th 2014 - 06:47 UTC

Royal Navy invests £348 million in three new offshore patrol vessels

The OPVs build on the proven capability of the Royal Navy’s current River Class vessels.

Steel was cut this week for the first of three new Royal Navy offshore patrol vessels (OPVs) at a ceremony in Glasgow. The vessels, which will be used by the Royal Navy to undertake various tasks in support of UK interests both at home and abroad, will be built at BAE Systems’ shipyards under a £348 million contract that has protected more than 800 Scottish jobs.

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