International

Saturday, July 5th 2014 - 08:59 UTC
Queen Elizabeth christens new aircraft carrier; the largest ship built for the Royal Navy

The Royal Navy’s new aircraft carrier has been officially named by Her Majesty the Queen at a ceremony in Scotland on Friday. Hundreds of workers who have helped to build the HMS Queen Elizabeth, along with the ship’s company, joined the Prime Minister, Defence Secretary, military Chiefs and dignitaries to witness Her Majesty christen her namesake with a bottle of whisky.
Friday, July 4th 2014 - 06:50 UTC
Draghi pledges monetary stimuli to revive the economy and avoid deflation

European Central Bank president Mario Draghi reiterated on Thursday that he'll keep interest rates low as officials try to revive the region's economy with a new round of emergency measures.
Friday, July 4th 2014 - 06:18 UTC
EC visit and review of Gibraltar/Spain border welcomed by Minister Lidington

UK Minister for Europe David Lidington welcomed Thursday’s return visit to Gibraltar by the European Commission to review progress towards addressing delays at the Gibraltar-Spain Border. Lidington recently visited Gibraltar to check the situation at the border and incursions by Spanish vessels of the Rock's waters.
Thursday, July 3rd 2014 - 06:26 UTC
Roubini warns about negative consequences from the Argentine case

The economist famous for predicting the 2008 financial crisis has analyzed Argentina’s current dispute against vulture funds warning “holdouts must not be permitted to block orderly restructurings that benefit debtors and creditors.”
Thursday, July 3rd 2014 - 06:14 UTC
“Greece is not Argentina”, PM Samaras tells the European Parliament

Greek Prime Minister Antonis Samaras said “Greece is not Argentina” and pledged his country will avoid Argentina’s fate of staying mired in economic troubles more than a decade after defaulting on debt.
Wednesday, July 2nd 2014 - 23:51 UTC
Argentina loses trade restrictions case at WTO, says Brazilian financial media

The World Trade Organization has ruled that a swath of import regulations imposed by Argentina violate international trade rules, according to the Buenos Aires media quoting diplomatic sources and Brazil's financial press. The ruling favors 43 countries those two years ago claimed Argentina had imposed trade barriers.
Wednesday, July 2nd 2014 - 07:45 UTC
Main French bank agrees to 9bn dollars settlement with US prosecutors

France's largest bank, BNP Paribas, has agreed to a record 9bn dollars settlement with US prosecutors over allegations of sanctions violations. As part of the deal, the bank will plead guilty to two criminal charges of breaking US sanctions against trade with Sudan, Iran and Cuba.
Wednesday, July 2nd 2014 - 07:35 UTC
EU upholds ban by France on wearing the Muslim full-face veil: niqab

The European Court of Human Rights has upheld a ban by France on wearing the Muslim full-face veil, the niqab. A case was brought by a 24-year-old French woman, who argued that the ban on wearing the veil in public violated her freedom of religion and expression.
Tuesday, July 1st 2014 - 23:48 UTC
UK Europe minister Lidington toured Gibraltar/Spain border with Picardo

Britain’s Europe Minister David Lidington toured the Gibraltar border on Monday evening and received an on-the-spot briefing from Chief Minister Fabian Picardo on the human impact of Spanish controls.
Tuesday, July 1st 2014 - 08:22 UTC
Floating plastic junk widely spread on world oceans but doubts about how much

Plastic junk is floating widely on the world’s oceans, but there’s less of it than expected, a study says. Such ocean pollution has drawn attention in recent years because of its potential harm to fish and other wildlife.