International

• Tuesday, June 14th 2016 - 12:04 UTC

  ECB purchases 348bn Euros of corporate bonds in the first three days

  

  The European Central Bank bought 348 million Euros of corporate bonds in the first three days of such purchases last week, it said on Monday, as part of its 1.74 trillion Euro scheme to revive growth and inflation. The figures are at the upper end of analyst predictions, indicating a strong start for the program and suggesting that the ECB was keen to show it can buy significant volumes.

• Tuesday, June 14th 2016 - 07:57 UTC

  Gibraltar’s Spanish neighboring towns fear Brexit: ‘it would be a disaster’

  

  UK exit from the European Union would be “a disaster” that would risk creating “an economic and social rift” between Gibraltar and the neighbouring region in Spain, the Cross-Frontier Group said in a report published by the Gibraltar Chronicle. The group’s president, Ángel Serrano, warned that Brexit posed a serious risk to employment and investment on both sides of the border.

• Monday, June 13th 2016 - 17:20 UTC

  Chilean salmon industry controversy over the use of antibiotics

  

  The use of antibiotics in the Chilean salmon industry reached 557 tons in 2015, according to the latest report of the National Fisheries and Aquaculture Service (SERNAPESCA), a figure consolidating the tendency to their intensive use over the past five years.

• Monday, June 13th 2016 - 07:50 UTC

  Falklands/Malvinas dispute: Malcorra calls for an “open dialogue” with UK

  

  Foreign Minister Susana Malcorra called on the United Kingdom to engage in “open dialogue” on the Falklands/Malvinas islands sovereignty dispute in an open letter sent to the UK government, which President Mauricio Macri’s administration hopes can further improve relations between the former foes.

• Monday, June 13th 2016 - 07:36 UTC

  Sterling drops to a two-month low as jittery investors shift to safer assets

  

  The British pound dropped to a two-month low and the yen rallied Monday as jittery investors shifted into safer assets on worries about Britain's possible exit from the European Union. The flight to lower-yielding investments came as Asian stock markets plunged, with dealers awaiting meetings this week of the US and Japanese central banks.

• Saturday, June 11th 2016 - 07:32 UTC

  Switzerland expects influx of funds, if British voters decide to leave the European Union

  

  Swiss wealth managers said Friday they would expect an influx of funds from skittish international investors if British voters choose to leave the European Union in a June 23 referendum. Participants in a seminar organized by the Swiss Private Bankers Association (SPBA) in Geneva voiced concern about what the implications would be if a Brexit is voted through in a referendum on June 23.

• Saturday, June 11th 2016 - 06:53 UTC

  St Helena airport certified and open, with challenges for larger planes in one runway

  

  St Helena governor Lisa Phillips has rejected recent news in the British media referred to the BOT's airport alleged “indefinite postponement” condition, arguing the terminal has been certified and is open, as demonstrated by a recent medivac flight a week ago.

• Saturday, June 11th 2016 - 06:31 UTC

  Gibraltar Chief Minister to Address the UN C 24 Committee on Monday

  

  On Sunday Gibraltar Chief Minister Fabian Picardo and Deputy Chief Minister Dr Joseph Garcia leave the Rock for New York in order to attend the session of the UN Special Committee on Decolonization, usually known as the Committee of 24.

• Saturday, June 11th 2016 - 05:53 UTC

  “Please don't go”, Der Spiegel's Saturday special German-English edition

  

  German Finance Minister Wolfgang Schaeuble warned Friday that if Britain voted to leave the European Union, it wouldn't have access to the single market like non-members Norway and Switzerland do.

• Friday, June 10th 2016 - 08:08 UTC

  World Bank slashes global growth forecast to 2.4%, down from 2.9%

  

  The World Bank has slashed its 2016 global growth forecast to 2.4% from the 2.9% estimated in January, due to stubbornly low commodity prices, sluggish demand in advanced economies, weak trade and diminishing capital flows.