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Stories for February 2014

• Saturday, February 1st 2014 - 04:27 UTC

  UK and France tighten defense cooperation and military procurement

  

  The UK and France have agreed to strengthen defense co-operation following a summit at RAF Brize Norton on Friday. A communiqué signed by UK Prime Minister David Cameron and French President Francois Hollande sets out plans for closer ties between the two countries.

• Saturday, February 1st 2014 - 04:12 UTC

  Royal Navy will make more regular calls to Gibraltar, says Lords spokesman on defense

  

  Royal Navy has sent additional personnel to Gibraltar to strengthen its Gibraltar Squadron in response to Spanish maritime incursions into British territorial waters.

• Saturday, February 1st 2014 - 04:04 UTC

  IMF calls on central banks to coordinate liquidity conditions; fears funding crunch

  

  The International Monetary Fund urged central banks to ensure that a financial market rout in the developing world does not lead to an international funding crunch. An IMF spokesman said some emerging market countries need to take “urgent action” to improve their economies, which are under threat by a recent sell-off in markets from India and Turkey to Brazil.