International

Monday, July 22nd 2013 - 21:01 UTC
PM Cameron reassures Gibraltar “no compromise on sovereignty”, following shooting incident

British Prime Minister David Cameron has told Chief Minister Fabian Picardo that Britain “will not compromise on sovereignty” in the face of Spanish incursions into British Gibraltar territorial waters.
Monday, July 22nd 2013 - 20:36 UTC
Pope warns of an entire generation of jobless young people, before arriving in Rio

Pope Francis warned Monday that the world risks having an entire generation of jobless young people as he arrived to Brazil. The 76-year-old Argentine, speaking to journalists aboard the papal plane heading to the Catholic youth event in Rio de Janeiro, said his trip aimed in part “to encourage young people to integrate into society” and convince the world not to abandon them.
Monday, July 22nd 2013 - 20:23 UTC
Duchess of Cambridge gives birth to a boy; third in the line of succession

The Duchess of Cambridge has given birth to a baby boy, Kensington Palace has announced. The baby was delivered at 16:24 BST at St Mary's Hospital in Paddington, west London, weighing 8lb 6oz.
Monday, July 22nd 2013 - 06:54 UTC
Francis, champion of the poor arrives at a restive and Catholic faith losing Brazil

Pope Francis is due in Brazil Monday on his first foreign trip as pontiff to attend an international youth festival in the world's biggest Catholic country.
Monday, July 22nd 2013 - 06:50 UTC
The good pastor will put in practice ‘the new way of interacting with the world’

Pope Francis’s response to the challenges of the Catholic Church has been to help find “an entirely new way to interact with the world” by the manner in which he communicates, said Sao Paulo Cardinal Odilo Scherer, one of two Latin Americans named to the Pontifical Council for Promoting New Evangelization created in 2010.
Monday, July 22nd 2013 - 06:17 UTC
G20 ministers and bankers pledged to put growth before austerity

The Group of 20 nations pledged to put growth before austerity, seeking to revive a global economy that “remains too weak” and adjusting stimulus policies with care so that recovery is not derailed by volatile financial markets.
Monday, July 22nd 2013 - 06:14 UTC
G20 agrees to fight against international tax evasion by multinational companies

The G20 group of countries has officially supported plans to fight against international tax evasion by multinational companies. In a statement, the G20 countries agreed to exchange tax information and support the Organization for Economic Cooperation and Development (OECD) in its plans to prevent multinational companies from avoiding tax by moving their profits across borders.
Monday, July 22nd 2013 - 06:13 UTC
Chinese banks allowed setting lending rates in hopes of lowering costs

Chinese authorities have given the banking industry greater freedom by allowing banks to set their own lending rates. Previously they were not allowed to lend at rates below a certain level set by the People's Bank of China (PBOC).
Monday, July 22nd 2013 - 06:09 UTC
First convictions from the Costa Concordia shipwreck that killed 32 people

A court in Italy has convicted five people of manslaughter over the Costa Concordia shipwreck off Giglio Island which killed 32 people in January 2012. Two officers, the helmsman, the head of cabin service and the head of the crisis team were given up to two years and 10 months in jail for multiple manslaughter, negligence and shipwreck.
Monday, July 22nd 2013 - 06:04 UTC
New Zealand fishing company gets burnt fingers in Argentina with hoki

The New Zealand Maori co-owned deep-sea fishing company Sealord is walking away from its disastrous hoki venture in Argentina with an estimated 60 million dollars loss, reports the NZ media.