International

Saturday, January 31st 2015 - 10:44 UTC
Moody's downgrades Petrobras credit rating because of corruption scandal

Moody's Investors Service has downgraded the credit rating of Brazil's state-owned oil company Petrobras because of the widening kickback-corruption scandal affecting the country's largest corporation.The credit rating agency announced its decision late Thursday in a statement posted on its website.
Saturday, January 31st 2015 - 09:30 UTC
Despite fourth quarter blip US economy fundamentals remain robust with strong tailwind

US economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006. GDP expanded at a 2.6% annual pace after the third quarter's spectacular 5%, the Commerce Department said in its first fourth-quarter GDP snapshot.
Saturday, January 31st 2015 - 09:25 UTC
Britain marks 50 years of state funeral for Winston Churchill

Britain marked 50 years on Friday since the state funeral of wartime Prime Minister Winston Churchill, with the boat which carried his coffin under the dipping dockside cranes in 1965 retracing its journey along London's River Thames.
Friday, January 30th 2015 - 20:36 UTC
Leading culinary association promotes Argentine food and wine at the embassy in London

The annual dinner of the Chaine des Rotisseurs was held in the Embassy of Argentina in the United Kingdom and for the first time, the association dedicated its major event to Argentine food and wine. Over one hundred special guests enjoyed a menu of dishes and wines representing the best of the country’s regional culinary traditions.
Friday, January 30th 2015 - 19:46 UTC
Another contender for Blatter's FIFA job, Figo: “time for transparency”

Former Portugal star Luis Figo has announced he will stand for the FIFA presidency. The 42-year-old revealed his intentions in an interview with CNN, a day before the FIFA deadline for candidacies.
Friday, January 30th 2015 - 08:19 UTC
Argentine-born scientist to prison for providing US nuclear information to alleged Venezuelan agents

A U.S. judge sentenced an Argentine-born scientist, now a nationalized American, to five years in prison for providing secret nuclear information to an FBI agent posing as a Venezuelan government official, the Justice Department announced.
Thursday, January 29th 2015 - 08:33 UTC
Looking for Vulnerable Marine Ecosystems in the south east Atlantic

Researchers from the Spanish Institute of Oceanography (IEO) and the University of Vigo, belonging to the science team EcoAfrik project, are participating in an offshore oceanographic campaign, off the coast of South Africa and Namibia, looking for Vulnerable Marine Ecosystems that require protection.
Thursday, January 29th 2015 - 07:55 UTC
UK economy expanded 2.6% in 2014, the fastest since 2007

The UK's economy grew by 2.6% last year, the fastest pace since 2007 and up from 1.7% in 2013, official figures have from the Office of National Statistics, ONS, have shown. The economy expanded 0.5% in the last quarter of 2014, which was a slowdown from the 0.7% of the previous three months.
Thursday, January 29th 2015 - 07:38 UTC
YPF and China's Sinopec sign memorandum to develop shale oil and gas in Patagonia

Argentine state-controlled energy company YPF said it signed a memorandum of understanding Wednesday with China's Sinopec pertaining to the eventual development of conventional and non-conventional oil and gas projects in Patagonia.
Wednesday, January 28th 2015 - 07:11 UTC
Spain's 'Podemos' party said relations with Gibraltar should not fall victim to “political opportunism”

With the triumph on Sunday in Greece of the Syriza anti austerity party, Spain's version, Podemos under the leadership of Pablo Iglesias, and ahead in the opinion polls for the next national election, celebrated and addressed the issue of Gibraltar saying relations between the Rock and neighboring La Línea should not fall victim to “political opportunism”.