International

Thursday, September 3rd 2015 - 21:37 UTC
Malvinas 1981: Argentina threatens to withdraw air link and fuel if there are no 'realistic' negotiations

Penguin News in its latest edition in a special section, “A stroll down memory lane”, remembers events of 34 years ago, that is August 1981. And in effect then as now, Argentina calls for more talks, yet again, over the sovereignty of the Falkland Islands and emphasizes impatience at the lack of actual progress made.
Thursday, September 3rd 2015 - 09:15 UTC
China warns Delhi, “India should rethink its oil exploration plants”

The state-run China Daily has said that India's plans to conduct oil exploration off Vietnam coast in the South China Sea is “illegal and is an ”unwise move“ that may ”sabotage” positive momentum in ties.
Thursday, September 3rd 2015 - 08:05 UTC
China shows its military might and recalls it was decisive in defeating Japan in WW2

China has held a lavish parade in Beijing to mark the defeat of Japan in World War Two, showcasing its military might on an unprecedented scale. President Xi Jinping in his opening speech paid tribute to “the Chinese people who unwaveringly fought hard and defeated aggression” from Japan.
Thursday, September 3rd 2015 - 07:44 UTC
Argentina's central bank and foreign private banks clash over removal of HSBC directors

Argentina's Central Bank and the Argentine Banking Association (ABA) exchanged fierce criticism on Wednesday after the decision of the monetary authority to remove the licenses of two senior HSBC directors, who will be forced to leave their posts.
Thursday, September 3rd 2015 - 07:02 UTC
Top official highlights UK/Chile knowledge and research exchange initiatives

A top British official highlighted UK-Chile knowledge exchange initiatives by recognizing the Chevening Scholarships scheme along with the science, innovation and educational achievements established through the Newton-Picarte Fund.
Thursday, September 3rd 2015 - 06:53 UTC
Malvinas chapter of “Back to the Future”, script by Argentine pope Francis

Argentina's Patagonia’s National University of San Juan Bosco (UNPSJB), based in Chubut province, officially introduced on Tuesday an academic scholarship program geared toward Falklands/Malvinas residents, and during a panel presided by Malvinas Affairs Secretary Daniel Filmus, Argentina's Under-Secretary of University Policies Laura Alonso and the university’s chief Alberto Ayape.
Wednesday, September 2nd 2015 - 08:30 UTC
Despite China, for the Fed and BoE, an interest rate raise still on the table

United States inflation will likely rebound as pressure from the dollar fades, allowing the Federal Reserve to raise interest rates gradually, Fed Vice Chairman Stanley Fischer said on Saturday in a speech careful not to overreact to a possible Chinese slowdown.
Wednesday, September 2nd 2015 - 07:53 UTC
World economy heading for the perfect storm?

By Gwynne Dyer - Good things come in threes, but so do bad things. Especially in economies. The financial crisis everybody has been waiting for is a “hard landing” of the Chinese economy, the world's second-biggest. It now seems to have arrived, though the Chinese government is still denying it.
Wednesday, September 2nd 2015 - 06:01 UTC
Chinese markets open Wednesday on the slide; Canada enters recession

Asian markets continued to fall on Wednesday, with Shanghai opening down more than 4% amid continuing worries about China's growth. On Tuesday, data suggesting China's manufacturing sector was shrinking at its fastest pace in three years ignited a global market sell-off, resulting in US stocks closing down nearly 3%.
Tuesday, September 1st 2015 - 23:23 UTC
Francis allows priests to forgive the sin of abortion during the Holy Year

In a new set of pastoral guidelines for the upcoming Holy Year of Mercy Pope Francis has made some significant moves, allowing all priests to forgive the sin of abortion and granting SSPX priests the faculty to forgive sins.