Britain's economy may have entered a mild recession in the last three months of 2011, hampering the government's core policy aim of spurring growth and raising the chances that the Bank of England will inject more cash soon.
Scottish First Minister Alex Salmond said his planned referendum on independence will ask a simple question on whether the country should go it alone, though he didn’t rule out a third option of more power within the UK
Japan has announced its first annual trade deficit in more than 30 years, a setback for a country known for its exports including cars and electronics. The deficit came in at 2.49 trillion yen (32bn dollars) for 2011, the finance ministry said.
Norwegian Air Shuttle ASA ordered 222 Boeing Co. and Airbus SAS airliners valued at 127 billion Kroner (21.5 billion dollars) as Europe's fourth-biggest discount carrier steps up its competition with state-backed SAS AB.
At least 85 dolphins have beached in a shallow inlet of a US nature reserve at Cape Cod, officials reported adding that the cause of the mass stranding remained a mystery.
Argentina’s Economy Minister Hernán Lorenzino admitted on Thursday that the global economic crisis has had an impact on the country but nevertheless we are going to have a good year.
Venezuela’s government officially requested this week to leave the World Bank’s arbitration court as demands pile up from abroad for compensation following a decade of nationalizations under President Hugo Chavez.
Fully recovered from the thyroidectomy and with her irony sharp as ever, Argentine President Cristina Fernandez, CFK, resumed office on Wednesday and in an hour plus colloquial speech in Casa Rosada spent a good twenty minutes talking about Malvinas, colonialism and promised more rigour in the campaign to have the UK sit and discuss Falklands sovereignty.
The Federal Reserve has said it does not now expect to raise interest rates in the US until late 2014. The surprise move announced Wednesday sent the dollar sharply lower in markets, and caused US government borrowing costs to fall.
The UK will not negotiate the Falklands/Malvinas Islands sovereignty “until the Islander so wish to” said on Wednesday a spokesperson from the Foreign Office.