Britain must commit to operating both its new aircraft carriers and replacing its nuclear deterrent if it is to remain a first division military power, the head of the Royal Navy has warned. Admiral Sir George Zambellas, the First Sea Lord, said the service faced “the fight of our generation” if it was to remain a credible force in the years ahead.
Federal Reserve Chair Janet Yellen said on Tuesday the US central bank was on track to keep reducing its policy stimulus, even as she acknowledged the labor market recovery was far from complete.
It is not clear where the government commanded by Argentine president Cristina Fernández is heading to, Economy Minister of neighboring Uruguay Mario Bergara affirmed saying the economic ups and downs in Argentina have deeply impacted on Uruguayan exports, tourism and real estate activities.
Argentina fisheries exports reached 1.495 billion dollars last year which represents an 11.3% increase in value and 14.9% in volume compared to 2012, according to a report from the private consultant Investigaciones Economicas Sectoriales, IES. Squid played a leading role by doubling catches in 2013 with an extended season.
Mercosur summit delays and oil are two of the main issues the Paraguayan foreign minister Eladio Loizaga will address with his Venezuelan peer Elias Jaua, when he travels on Thursday to Caracas. Formally the event is a diplomatic reciprocity for Jaua's visit to Paraguay last 9 October, when the two countries re-established full relations.
Britain’s immigration minister has resigned over the illegal employment of a foreign cleaner, a major gaffe given the UK government’s clampdown on immigration of all kinds.
Economic subsidies for Argentine public and private companies last year totaled an estimated 143 billion pesos, or 4.9% of GDP, the highest level in eight years, according to a joint report by the Professional Council of Economic Sciences (CPCE) and the Argentine Institute of Fiscal Analysis (IARAF) released this week, and which was summarized by the Buenos Aires Herald.
Spain believes negotiation with Britain is the only realistic avenue for a resolution of the claim it makes over Gibraltar and its waters and that only by a decision of the United Nations can decolonization of the Rock be settled.
Profits at luxury car maker Jaguar Land Rover (JLR) more than doubled in the last three months of 2013. The UK company made profits of £842m, up from £404m for the same quarter in 2012, on revenues of £5.3bn.
Paraguay has instructed its ambassador in Buenos Aires to collect information on Argentina's plans to set up an uranium processing plant in the northern province of Formosa, neighboring with the land-locked country.