Britain’s declining oil and gas industry may be a minnow on the world stage, 20th largest oil producer and 15th largest gas producer in 2010, but it is still remarkably important for jobs and the UK economy, reports Citywire.
Britain reiterated its determination to continue to defend the Falkland Islands and other Overseas Territories on Thursday, an official document known as the White Paper said. The document on the Overseas Territories declares there would be no weakening in Britain's resolve.
Brazil's government has taken measures so that economic growth reaches at least 2.5% in 2012, said Finance Minister Guido Mantega following the announcement of new economic stimulus measures that are expected to accelerate the economy in the second half of the year.
US rating agency Moody's had downgraded the ratings of 11 Brazilian banks by one to three notches, almost all of them to the level of Brazil's sovereign credit rating.
Greenpeace and a vast coalition of environmental groups are calling on the International Whaling Commission (IWC) to establish a sanctuary in the South Atlantic Ocean that would protect Southern Hemisphere whales from commercial whaling for their entire lives.
The Falkland Islands government announced on Thursday it is content to hold preliminary talks with Argentina on air links and fisheries cooperation as was proposed by Argentine ambassador Alicia Castro to the Foreign Office last April 23, given certain clarifications.
Royal Navy ice patrol ship HMS Protector returned to Portsmouth on June 27 from her maiden deployment. The 5.000-ton ice-breaker spent most of her seven months away surveying and patrolling the Antarctic Peninsula.
As Brits become more adventurous in the kitchen, sales of squid have soared. Calamari is set to be a summer sensation, due in part to the popularity of the Dukan diet.
Argentine president Cristina Fernandez said on Wednesday that in an uncertain global scenario the priority of her administration was to ensure jobs and called on all sectors to unite in the defence of the political and economic model implemented since 2003.
Argentina’s chief of the powerful CGT Labour Confederation Hugo Moyano blasted President Cristina Fernandez and her government during a massive rally Wednesday in the heart of Buenos Aires at the highly symbolic Plaza de Mayo.