International

• Friday, June 15th 2018 - 07:22 UTC

  Lord West claims Royal Navy does not have enough vessels to look after the EEZ

  

  The former head of the Royal Navy has warned of a developing negative situation over the number of ships available to patrol Britain’s coastal waters post-Brexit. Labour’s Lord West of Spithead told the Lords at question time there were not enough vessels to look after the inshore waters and the exclusive economic zone.

• Friday, June 15th 2018 - 06:25 UTC

  'Brexit leaves UK isolated from allies and begging for trade deals with ex colonies'

  

  Britain will be left a “mangy old lion” as a result of Brexit, isolated from its allies and reduced to begging for trade deals from one-time colonies, a former Foreign Office minister is warning. Lord Malloch-Brown, who chairs the Best for Britain campaign for a second referendum, said that the UK’s loss of influence was exposed at last week’s G7 summit, where Theresa May was left a “spectator” to a clash between the US, Canada and the EU.

• Thursday, June 14th 2018 - 22:14 UTC

  IMF's Lagarde welcomes Argentina government’s economic policy plans

  

  Argentine authorities have asked to use US$7.5 billion of the US$50 billion financing deal signed with the International Monetary Fund to fund their budget, IMF Managing Director Christine Lagarde said in a statement. Argentina’s Finance Ministry said in a separate statement that the funds would be sold on the market through pre-announced daily auctions conducted by the central bank.

• Thursday, June 14th 2018 - 22:02 UTC

  Gibraltar flies Falkland Islands flag on Liberation Day

  

  The Falkland Islands flag is currently flying above No 6 Convent Place to commemorate the Falkland Islands’ Liberation Day.

• Thursday, June 14th 2018 - 21:49 UTC

  Morgan Stanley and Royal Bank of Canada fined in Brazil for rigging foreign exchange rates

  

  Brazil’s competition authority Cade has reached a settlement with Morgan Stanley and Royal Bank of Canada, fining them a combined 42.9 million reals (US$11.6 million) for forming a cartel manipulate FX markets.

• Thursday, June 14th 2018 - 08:59 UTC

  Pompeo sets terms of Trump/Kim accord: no lifting of sanctions until complete denuclearization

  

  North Korea will not see any economic sanctions lifted until it has demonstrated “complete denuclearisation”, US Secretary of State Mike Pompeo has said. Pompeo was speaking at a press conference in Seoul with his South Korean and Japanese counterparts.

• Thursday, June 14th 2018 - 08:54 UTC

  UK inflation steady at 2.4% in May, but fuel prices are climbing fast

  

  Inflation in the UK remained at 2.4% in May, according to the Office for National Statistics (ONS), after its fall was halted by a sharp rise in fuel costs. The ONS said that fuel prices increased by the biggest monthly amount since January 2011, rising by 3.8%.

• Thursday, June 14th 2018 - 08:49 UTC

  Sturgeon “proud” of MSPs: relation between Scottish and UK governments on Brexit, no longer “business as usual”

  

  First Minister Nicola Sturgeon has said she is “proud” of SNP MSPs who staged a mass walkout of the House of Commons in a row over the EU Withdrawal Bill. The MPs acted after the party's leader at Westminster Ian Bralckford was thrown out of the chambler by the Speaker. The row was prompted by a “lack of debate” on what Mr Blackford said was a “power grab” by the UK government.

• Thursday, June 14th 2018 - 07:01 UTC

  Turmoil in the Spanish national team: coach fired

  

  The Spanish Football Federation (RFEF) sacked head coach Julen Lopetegui two days before Spain’s opening match in the World Cup against Portugal. One day earlier Lopetegui agreed to succeed Zinedine Zidane as the new Real Madrid boss after the World Cup. This decision was made without the knowledge of RFEF.

• Thursday, June 14th 2018 - 06:27 UTC

  Russia's World Cup opening ceremony will be seen by an audience of over 3 billion

  

  The FIFA World Cup, the biggest sporting carnival on the planet, is all set to kick-start on Thursday. As Russia gets dressed to host the much-awaited event, fans from all over the world are set to see their favorite superstars in action. Brazilian great Ronaldo and British pop star Robbie Williams will be present at the opening ceremony.