International

• Monday, June 2nd 2014 - 08:04 UTC

  Gibraltar's Poggio to be succeeded by Jason Cruz in two years time

  

  The Gibraltar Government’s recently-appointed representative in Hong Kong, Jason Cruz, will succeed Albert Poggio as the Rock’s man in London in two years’ time, it was revealed in Parliament by Chief Minister Fabian Picardo who confirmed the decision as he answered Opposition questions about Mr Cruz’s salary and employment package.

• Monday, June 2nd 2014 - 07:48 UTC

  .Qatar vehemently denies corruption claims in the bid for hosting 2022 World Cup

  

  Qatari organizers of soccer's 2022 World Cup have “vehemently” denied accusations their successful bid was corrupt, saying its lawyers were looking into claims made by a British Sunday newspaper.

• Monday, June 2nd 2014 - 07:33 UTC

  Argentina confident US Supreme Court will take its litigation case with hedge funds

  

  President Cristina Fernandez administration has high hopes that the US Supreme Court will take its long running litigation case with holdout hedge funds that refused to accept sovereign debt rescheduling after Argentine defaulted in 2001.

• Sunday, June 1st 2014 - 13:54 UTC

  Obesity and overweight breaks scales in all countries: 30% of world population

  

  Almost 30% of the world’s population, 2.1 billion people, is considered obese or overweight, researchers said, while rates among children have increased by a whopping 47% in the last 33 years.

• Sunday, June 1st 2014 - 12:59 UTC

  Exxon, BP defy White House and extend partnership with Russia

  

  Several of the largest oil companies in the world are doubling down in Russia despite moves by the West to isolate Russia and its economy. ExxonMobil and BP separately signed agreements with Rosneft – Russia's state-owned oil company – to extend and deepen their relationships for energy exploration.

• Saturday, May 31st 2014 - 07:55 UTC

  The 'morality' of the Argentina/Paris Club deal is that it's 'a shared effort'

  

  Argentina's Economy minister Axel Kicillof gave details on Friday of the payment agreement reached with the Paris Club involving 9.7bn dollars of 2001 defaulted debt, which will open the doors to export credit agencies from the group's members and equally important signals a new attitude from the Cristina Fernandez administration.

• Saturday, May 31st 2014 - 07:15 UTC

  Germany and UK disagree on candidate for next EU Commission president

  

  German Chancellor Angela Merkel has said she wants former Luxembourg Prime Minister Jean-Claude Juncker to become the next EU Commission president. But some European leaders have voiced opposition to the move, including the British government who argue that Mr. Juncker is too much of an EU federalist and called for “a lengthy process to find consensus”.

• Saturday, May 31st 2014 - 06:50 UTC

  Argentina tells Judge Griesa it has no plans to evade paying holdouts

  

  Argentina's lawyers tried on Friday to assure a US federal judge that it would not evade orders to pay 1.33 billion dollars to bondholders who refused to accept its debt-restructuring offers, if the US Supreme Court (on 12 June) declines the case.

• Saturday, May 31st 2014 - 06:42 UTC

  IMF and Argentina/Paris Club deal: “we hope they continue that process”

  

  IMF managing director Christine Lagarde touring east Africa, on Friday cautiously welcomed steps taken by Argentina to settle a decade-old falling out with creditors, following a 9.7bn dollars five year repayment deal reached this week.

• Saturday, May 31st 2014 - 06:25 UTC

  Hedge funds' lobby praise Argentina/Paris Club deal; calls for talks with private creditors

  

  Following Argentina's agreement to resolve its 9.7bn debt to Paris Club member nations within five years, American Task Force Argentina co-chairs Robert Shapiro and Ambassador Nancy Soderberg have declared their support for Argentina's pledge to act responsibly and encouraged the Argentine government to go further.