Cyprus trucked out cash for its banks on Wednesday night to prepare them to reopen to a siege by anxious depositors, with tough controls imposed on the use of currency to avert a bank run as a result of its harsh rescue deal.
French President Francois Hollande's popularity rating has fallen to its lowest level since he came to power, according to a poll released a day before he is due to address the nation to ask for patience as he attempts to revive the economy.
China and Brazil signed an agreement to do billions of dollars of trade in their local currencies, as the five-nation BRICS forum of emerging market powers work to lessen dependence on the US dollar and Euro.
HMS Duncan, the sixth and final of the UK’s sophisticated, new class of Type 45 destroyers, has been formally handed over to the Royal Navy by shipbuilder BAE Systems, the MOD announced today.
Britain’s Department for Transport (DfT) has announced the signing of a £1.6 billion contract to provide the UK's search and rescue helicopter services. UK SAR is currently provided by RAF and Royal Navy personnel using Sea King helicopters from eight bases across the UK and through a civilian helicopter service under contract to the Maritime and Coastguard Agency (MCA) from four bases.
Argentine ambassador in London Alicia Castro revealed she has been meeting with Welsh MPs for the potential organization of the 150th anniversary of Welsh settlers in Patagonia in 2015. However Welsh sources said initial discussions broke down because the Argentine representatives were seeking people supportive of their views in the Falkland Islands dispute.
The leaders of the five BRICS nations stopped short of establishing a highly-promoted development bank at this week’s summit in South Africa, instead saying they would enter “formal negotiations” on the issue. But the summit did yield some agreements, including big-money bilateral trade deals.
Land values in northern Australia have fallen 20-25% since the global financial crisis of 2008, and will continue to fall until valuations are in line with productivity. Meanwhile, says Ross Copland, the Alice Springs-based director of Integrated Valuation Services, the curtailing of live export sales that began in 2011 has flipped perceptions of Territory pastoral productivity.
African swine fever (ASF) outbreaks in 2012 have been the worst yet in Russia, with over half a million pigs having fallen victim to the disease and subsequently culled. It is hard to pinpoint causes, but lack of bio-security knowledge appears to be part of the problem which seems out of control. Surrounding countries reporting ASF to the OIE included Georgia, Armenia, Azerbaijan and even Ukraine.
Brazilian president Dilma Rousseff leads comfortably vote intention according to two public opinion polls published by leading newspapers, which indicate that she would have an easy win in the first round of the 2014 presidential election.