International

• Monday, November 12th 2018 - 18:13 UTC

  Oil producing countries agree on need to cut down crude output due to oversupply

  

  They call it “production adjustments,” but in reality most major oil extracting countries agreed Sunday new strategies regarding crude output were needed in light of the surplus accrued over the past few months.

• Monday, November 12th 2018 - 08:48 UTC

  Royal Family and thousands commemorate end of the First World War

  

  Queen Elizabeth and members of the Royal Family joined thousands of people on Sunday to commemorate the centenary of the end of the First World War, as part of the traditional National Service of Remembrance. . A two-minute silence was held at 11am and wreaths laid at the Cenotaph to commemorate the servicemen and women killed in all conflicts from the First World War onwards.

• Monday, November 12th 2018 - 08:37 UTC

  Macron describes nationalism as “a betrayal of patriotism”

  

  French President Emmanuel Macron has urged world leaders marking the centenary of the World War One Armistice to reject nationalism. Addressing leaders in Paris, including US President Donald Trump and Russian President Vladimir Putin - he described it as a “betrayal of patriotism”.

• Monday, November 12th 2018 - 07:11 UTC

  This year will again be positive for global cereal production, anticipates FAO

  

  The United Nations FAO has raised its forecast for global cereal production in 2018 to 2.601 million tons, primarily due to higher estimates for wheat production in Canada and China. Nonetheless, the new forecast remains 2.1 percent below the record level achieved in 2017.

• Monday, November 12th 2018 - 07:11 UTC

  FAO Food Price Index dipped in October pushed by dairy, meat and vegetable oils

  

  International food commodity prices dipped in October, as falling dairy, meat and vegetable oils prices more than offset a surge in sugar prices, the United Nations said. The FAO Food Price Index, a measure of the monthly change in international prices of a basket of food commodities, averaged 163.5 points in October, down 0.9 percent from September and 7.4 percent below its level a year earlier.

• Sunday, November 11th 2018 - 22:30 UTC

  Navy withheld British minisub offer to find ARA San Juan, Argentine Defense Minister Oscar Aguad admits

  

  Argentina last year chose to turn down a British offer of a minisub to search submarine ARA San Juan, it was reported Sunday. The then Navy Chief of Staff Admiral Marcelo Srur failed to convey the British offer December 5 last to Defense Minister Oscar Aguad, who confirmed the reports, according to the Buenos Aires daily Clarin.

• Saturday, November 10th 2018 - 15:33 UTC

  Falklands' support visit for veteran protesting treatment of his peers with PTSD

  

  Falklands' conflict veteran Gus Hales, who has successfully protested against the treatment of combat veterans with post-traumatic stress disorder, was visited this week by Member of Legislative Assembly Leona Roberts to express her support.

• Saturday, November 10th 2018 - 09:16 UTC

  Argentina's central bank almost doubles currency swap with China

  

  Argentina’s central bank said it would nearly double its currency swap deal with China, bringing the total to 130 billion Yuan (US$ 18.7 billion), as Beijing looks to expand its influence in the recession-struck country. Central Bank President Guido Sandleris, who was in China finalizing the agreement, said that the deal for 70 billion Yuan would be expanded by 60 billion Yuan, according to a bank spokesman.

• Saturday, November 10th 2018 - 09:13 UTC

  Ecuador's ex president Correa denies having requested asylum in Belgium

  

  A lawyer for former Ecuadoran president Rafael Correa denied a report on Thursday that he had requested asylum in Belgium as he faces prosecution at home over a kidnapping case.

• Saturday, November 10th 2018 - 09:00 UTC

  British minister resigns and calls for the public to have a fresh say on Brexit

  

  Jo Johnson has quit as Britain's transport minister and called for the public to have a fresh say on Brexit. The MP, who is Boris Johnson's brother but voted Remain in the referendum, said the deal being negotiated with the EU “will be a terrible mistake”.