A European Union summit later this month will agree decisive measures to tackle the Euro zone debt crisis, the French finance minister announced on Saturday.
September inflation in Argentina climbed 0.8%, less than half the estimate from private consultants, according to the latest report from the discredited Statistics and Census Institute, Indec. In nine months accumulated inflation reached 7.3% and compared to a year ago, 9.9%.
Proposals to double the size of the IMF as part of a broader international response to Europe's debt crisis immediately ran into resistance from the United States and others, burying the idea for now and firmly putting the onus back on Europe.
German Chancellor Angela Merkel hit back at critics of her Euro zone policy saying it was unacceptable for them to demand bolder action to combat the debt crisis while at the same time resisting steps to rein in financial markets.
The Falkland Islands Government has announced the appointment of two senior officials. Simon Fletcher has been appointed to the role of Director of Central Services and succeeds Andrew Lee who previously held the position when it was titled Director of Procurement and Efficiency.
United States Secret Service agents told HMS Edinburgh, which is currently patrolling the Falkland Islands, to stop pointing its missiles at Michelle Obama’s hotel room while sailors were holding a ceremony to mark the death of a colleague.
Inflation in China eased slightly in September but high prices, especially for food, remain a concern for the country's population. Consumer prices rose 6.1% last month, compared with the same month last year, the National Bureau of Statistics said.
Britain’s Defence Secretary Liam Fox has resigned after a week of pressure over his working relationship with friend and self-styled adviser Adam Werritty. Mr Fox was being investigated amid claims he broke the ministerial code.
The Falkland Islands government responded Friday to the Argentine ambassador to United Nations Jorge Argüello for his comments on the Falklands’ economy and self-sufficiency while in Mexico.
Argos Resources Limited (AIM: ARG.L), the Falkland Islands based exploration company focused on the North Falkland Basin, is pleased to issue a new Competent Persons Report (“CPR”) prepared by Senergy (GB) Ltd (“Senergy”).