Falkland Islands based Commander British Forces South Atlantic Islands, Air Commodore Russell La Forte CBE presented HMS Richmond with his personal Commendation in recognition of Distinguished Service in the region by the Type 23 Duke Class frigate during her Atlantic Patrol Tasking.
JPMorgan Chase & Co will pay a 1.7 billion dollars penalty to settle charges by US federal authorities that the bank failed to report suspicious activity relating to Bernard Madoff's Ponzi scheme.
George Soros says stop worrying about the Euro-zone and look at the slower growth in China. The hedge fund boss, who built his fortune betting on the world’s money markets, is concerned that twenty years of rapid growth is about to run out of steam.
Uruguay again managed a December with deflation, (as happened exactly a year ago) with the consumer prices index down 0.72%, helping to bring 2013 inflation to 8.52%, according to the official stats office, INE. This is the sixth year in the last ten that Uruguay despite an unprecedented decade long growth-boom and abundant revenue overshoots its inflation target.
Janet Yellen, a key force behind the Federal Reserve's unprecedented and controversial efforts to boost the US economy, was confirmed on Monday by the Senate to lead the central bank just as it begins to unwind that stimulus.
Argentine President Cristina Fernandez works everyday and is complying with her constitutional responsibilities said cabinet chief Jorge Capitanich on Monday responding to opposition voices that have criticized the leader who remains in the Patagonian city of El Calafate. He also announced that the president would be returning to Buenos Aires this week.
German Chancellor Angela Merkel has fractured her pelvis in a cross-country skiing accident and is walking with the help of crutches, forcing her to call off some foreign visits and official appointments, her spokesman has said.
Industry, Energy and Mining Minister, Roberto Kreimerman, said Uruguay would try to settle disputes with Argentina in order to reestablish trade relations, but he also recognized Uruguay’s relationship with Argentina 'will never be the same'. The minister revealed that 32 million dollars of Uruguayan exports are blocked at Argentine Customs.
The great English player David Beckham could come out of retirement and sign a short term deal for Argentine giants River Plate, reports Argentine website Diario Veloz.
As negotiations over Spain’s entry to the European Union grew tense in 1983, King Juan Carlos twice told British officials it was not to Spain’s advantage to recover Gibraltar, according to newly declassified documents released to the UK National Archives.