One of BAE Systems' major shipyards could be closed, the company's UK chief, Nigel Whitehead, has said. He told the Sunday Telegraph a decision would be made by the end of the year.
FIFA has named the mascot for the 2014 Brazil World Cup Fuleco, a word which organisers say transmits a message of environmental awareness, Football plus ecology.
The Chicago Tribune, one of the leading Midwest US newspapers has been following closely the dispute in New York courts between the Argentine government and investment funds that are demanding full payment of sovereign bonds.
Mark Carney has been named as the new Bank of England governor, who will replace outgoing head Sir Mervyn King. The role of the governor is the most important unelected position in Britain, and is chosen by the British Government.
Argentina has started a major diplomatic campaign in an attempt to deny success to the Falkland Islands March referendum on its nationals’ political status, fearing the negative international repercussions for its sovereignty claims over the disputed Islands.
Argentina’s Ambassador to the United States, Jorge Argüello, assured on Monday that “Argentina will not pay the price for the financial irrationality of the North, and under no circumstances will tolerate the vulture funds’ blackmailing.”
The Argentine government will appeal on Monday the New York federal court ruling from Thomas Griesa which orders the country to pay 1.3billion dollars to the investment funds which held out from the (2005 and 2010) restructuring of the 2002 defaulted sovereign debt.
The Falklands referendum on March 10/11 is designed to simply ask the people of the Islands to state clearly their wishes regarding their political status, and this is supported by democratic practice, the UN guiding principle of self determination and even by Ban Ki-moon in recent reports in the Argentine press, said lawmaker Dick Sawle.
Following a six-year battle Chinese shoemaker giant Aokang Group Co Ltd won a lawsuit against the European Union's anti-dumping duties. The shoemaking has encouraged other Chinese manufacturers to challenge similar “unfair policies”.
Brazilian president Dilma Rousseff moved quickly and with no consideration for political allies ordered the dismissal on Saturday of all government officials allegedly involved in a bribery ring, including the country's deputy attorney general.