International

Wednesday, November 26th 2014 - 10:30 UTC
OECD warns about Euro zone 'prolonged' stagnation with global impact

Global economic growth in the coming two years is facing difficulties because of problems of recession in Japan and stagnation in the European economies and prospects for healthy growth “are stuck in low gear,” the Organization for Economic Cooperation and Development said on Tuesday.
Wednesday, November 26th 2014 - 10:10 UTC
France suspends delivery of helicopter carriers to Russia because of Ukraine

France suspended indefinitely on Tuesday delivery of the first of two Mistral helicopter carrier warships to Russia, citing conflict in eastern Ukraine where the West accuses Moscow of fomenting separatism.
Wednesday, November 26th 2014 - 06:56 UTC
Ana Botin reshuffles Santander, names new CEO and promotes other managers

Spain's Santander, the biggest bank in Europe by market value, reshuffled its command naming Jose Antonio Alvarez as its new chief executive replacing Javier Marin after his two years in the job, the bank said in a statement.
Wednesday, November 26th 2014 - 06:48 UTC
Follow the sand to the real fracking boom

$This all puts frac sand in the drivers’ seat of the next phase of the American oil boom, and it has already seen its price increase up to 20% over the past year$

When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom.
Tuesday, November 25th 2014 - 22:33 UTC
Despite Argentine protests, BBC Top Gear Patagonia episode will be aired in Christmas

After refusing to apologize to Argentina over a much questioned Top Gear episode filmed in Argentina considered “offensive” by the government of President Cristina Fernandez, the BBC has taken the controversy to the next level, deciding to air the episode in the network’s prime-time Christmas slot.
Tuesday, November 25th 2014 - 07:32 UTC
Israel approves bill defining the country as the “nation-state” of Jewish people

In a move likely to further inflame tensions with Israel’s Arab citizens, a divided Israeli Cabinet approved a bill to legally define the country as the nation-state of the Jewish people.
Tuesday, November 25th 2014 - 07:09 UTC
Gibraltar to contract law of the sea expert to probe “innocent passage” concept

A world legal expert on the law of the sea is to be engaged by the Gibraltar Government to probe the concept of ‘innocent passage’ as a concept of international law. The concept is regularly cited in relation to Spanish warships and Guardia Civil vessels when they pass through British Gibraltar Territorial Waters, usually when they do not engage in any other activity.
Tuesday, November 25th 2014 - 00:45 UTC
Falklands' reference in BBC Top Gear Argentina program: no end to controversy

Ambassador Alicia Castro has addressed a letter directly to the Chair of the BBC Trust requesting formal apologies for the “false and biased” account reported on the BBC program “Top Gear” filmed in Argentina, and in a veiled subtle way ends hoping that the long established relationship between Argentina and the BBC, “will continue to blossom in the future”.
Monday, November 24th 2014 - 10:26 UTC
Largest crane ship capable of lifting oil rigs delivered in Korea

The world's largest crane ship, which is capable of lifting oil rigs, has set sail from its shipyard in South Korea for Rotterdam Port in the Netherlands. The Pieter Schelte, which left South Korea last week is due to arrive at the port for completion in December.
Monday, November 24th 2014 - 07:31 UTC
IMO adopts Polar Code which comes into force in 2017; environmental groups unsatisfied

The International Maritime Organization (IMO) has adopted the Polar Code aimed at regulating shipping in Polar Regions. Several environmental groups have criticized the measures for not going far enough to protect the Arctic and Antarctic environments, arguing that while the new code is a positive step forward, it is insufficient to properly protect Polar environments from the anticipated increased levels of shipping activity.