European Commissioner Stavros Dimas has been urging UK and Spain to work “towards a mutually acceptable” resolution of the Gibraltar waters designation row it has emerged, reports the Gibraltar Chronicle.
Lloyds Banking Group which has been partly nationalized by the British government blamed soaring bad debt charges of £13.4 billion on reckless lending at HBOS, but predicted the worst is over.
The Chinese government is to introduce a new pension scheme for the country's hundreds of millions of rural workers. The minister for social security announced that a trial scheme would be extended across China by October.
Brazil announced it was returning 1.500 tonnes of hazardous waste that arrived from Britain labelled as recyclable plastic. The Brazilian Institute of Environment and Renewable Natural Resources said 89 containers left for Felixstowe, UK from the port of Santos on board MSC Oriane.