International

Monday, February 11th 2019 - 08:51 UTC
Institute for Fiscal Studies says more billions needed to end Hammond's austerity

Philip Hammond must spend billions extra to end austerity, says think tank the Institute for Fiscal Studies (IFS). To maintain per capita spending across government departments which don't have ring-fenced budgets, he must find an extra £5bn a year by 2023, it adds. And maintaining spending on unprotected services as a share of national income would require £11bn on top of spending plans set out in the 2018 Budget.
Monday, February 11th 2019 - 08:40 UTC
PDVSA telling customers to deposit oil sales in an account of Russia's Gazprombank

Venezuela's state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at Russia's Gazprombank AO, according to sources and an internal document, reported Reuters on Saturday.
Monday, February 11th 2019 - 07:27 UTC
Twelve French submarines for Australia: US$ 50bn contract

Australia formally signed a US$50 billion contract with France to build 12 states of the art submarines on Monday, a signal of the country's willingness to project power across the Pacific.
Monday, February 11th 2019 - 07:16 UTC
Epistolary exchange between PM Mrs. May and Opposition leader Jeremy Corbyn

Theresa May has responded to Jeremy Corbyn's letter setting out his five demands for a Brexit deal. The prime minister queried his call for the UK to stay in a customs union with the EU - but welcomed more talks with Labour on a Brexit agreement.
Saturday, February 9th 2019 - 09:10 UTC
A good one for Theresa May: Dublin believes an orderly Brexit deal “can be done”

Irish Prime Minister Leo Varadkar on Friday said he believed “a deal can be done” to avoid a disorderly British exit from the EU, after a meeting with a key ally of British Prime Minister Theresa May that he said went very well.
Saturday, February 9th 2019 - 09:08 UTC
Argentine Coast Guard seize South Korean trawler allegedly operating in the EEZ

A South Korean flagged trawler allegedly operating in Argentine waters was caught on Thursday red-handed with its nets in the sea and is being escorted to Comodoro Rivadavia.
Saturday, February 9th 2019 - 08:34 UTC
Finally, Margaret Thatcher’s statue on a 10ft plinth, to be erected in Grantham

After being rejected in London over concerns about “potential vandalism and civil disorder,” a statue of the late British Prime Minister Margaret Thatcher has finally found a home in the town of her birth.
Saturday, February 9th 2019 - 07:46 UTC
Two new South Atlantic trawlers to be built at Nodosa shipyard, Galicia

The Galicia, Spain-based boat-builder Nodosa Shipyard has received orders for a pair of new Spanish trawlers during the past month. In its most recent order, Nodosa signed a contract with the Spanish harvester Pescapuerta Group to build a new freezer stern trawler for fishing in the South Atlantic. It aims to have delivered the vessel by the end of 2020, ready to enter full operations for the spring 2021 season.
Saturday, February 9th 2019 - 07:34 UTC
Trade war: US and China set to discuss intellectual property on Monday

United States negotiators are preparing to press China next week on longstanding demands that it reform how it treats American companies’ intellectual property in order to seal a trade deal that could prevent tariffs from rising on Chinese imports.
Saturday, February 9th 2019 - 06:56 UTC
Measles 2017/18 outbreak in Europe, the highest in a decade

The number of recorded measles cases in Europe more than tripled between 2017 and 2018, marking the highest it’s been in a decade, the World Health Organization said. According to newly released data from the WHO, in 2018, more than 82,000 people were infected with the disease and 72 people died in Europe. In 2017, there were more than 25,000 measles cases in Europe and 42 deaths.