The British Government said Spain’s decision to search a UK diplomatic bag at the border with Gibraltar was “a serious infringement” of international diplomatic protocol. In a statement, the Foreign & Commonwealth Office said it had called on the Spanish Government to look into the incident and ensure it was not repeated.
Britain’s Secretary of State for Culture, Media and Sport, Maria Miller, has pledged her ‘unreserved’ support Gibraltar’s international sporting ambitions. The backing for Gibraltar comes as the Gibraltar Rugby Football Union (GRFU) goes through the process of FIRA/AER (European Rugby Federation) membership after being previously rejected and blocked by Spain last July despite meeting the necessary criteria.
US has flown two B-52 bombers over disputed islands in the East China Sea in defiance of new Chinese air defense rules, officials say. China set up its air defense identification zone on Saturday insisting that aircraft obey its rules or face emergency defensive measures.
Scottish leader Alex Salmond unveiled on Tuesday what he called a “mission statement” for the country’s future: a 649-page paper detailing many of the terms for an independent Scotland. The country’s first minister released his Scottish National Party’s so-called white paper ahead of a referendum on independence from the United Kingdom set for next September.
No end to Venezuelan president Nicolas Maduro oral bloopers. In campaign for the municipal elections of 8 December and in the midst of an economic war on big business of which it accuses of promoting inflation and destabilizing his government, a self confession or sincericide (a blend of sincerity and suicide) became the delight of social networks ant twitters.
FTSE 250-listed energy explorer Premier Oil with strong interests in the Falkland Islands oil industry, launched this week a new bond, as it looks to diversify its debt away from banks.
Argentine president Cristina Fernandez definitively abandoned strict mourning on Tuesday wearing a white blouse and black trousers in her first interview with foreign business people since her return to the job after 45 days of medical leave because of cranium surgery and cardio-vascular exams.
Brazilian state-run oil firm Petrobras fell to its lowest level in more than a year on Tuesday, pushing the country's stock market to a near three-month low on concerns the government may delay a new pricing policy that could stem losses in the firm's refining division.
Brazilian Finance Minister Guido Mantega said on Tuesday the government will remove some subsidies and delay tax breaks to keep the country's fiscal policy sound. Likewise the state development bank, BNDES, will stop funding lines for regional government next year.
Argentina's Merval benchmark stock index climbed 3% on Tuesday to finish at a record high of 5,696.2 points, following a strong hike in YPF and Edenor stocks. YPF shares soared 11%, while electricity distributor Edenor saw prices close 19% up at the end of trading.