International

Thursday, September 11th 2014 - 05:14 UTC
Islamic State's ultimate goal: Saudi Arabia's oil wells

For the terrorist group known as the Islamic State, Syria and Iraq were a good place to start their campaign, but in order to survive and prosper it knew from the outset that it had no choice but to set its sights on the ultimate prize: the oil fields of Saudi Arabia.
Thursday, September 11th 2014 - 04:48 UTC
Judge Griesa will wait for appeals court ruling before acting on holdouts' Citibank subpoena

US district judge Thomas Griesa has said he would wait for a decision on a pending appeal before ordering Citigroup to comply with a subpoena served by holdout investors seeking details of any threats from Argentina to process payments the court had blocked.
Wednesday, September 10th 2014 - 06:59 UTC
Argentina plays the China card to bolster reserves: 800m pledged in first tranche

The Argentine Central Bank foreign reserves would be bolstered this year with up to 800 million dollars in Yuans transferred by China due to the first tranche of the money of the swap agreement signed between both countries, according to banking sources in Buenos Aires.
Wednesday, September 10th 2014 - 06:28 UTC
Greenhouse gases in atmosphere reached a record high in 2013 says WMO

The amount of greenhouse gases in the atmosphere reached a record high in 2013 driven by a surge in the level of carbon dioxide, the World Meteorological Organization said on Tuesday, urging international action to combat climate change.
Wednesday, September 10th 2014 - 06:22 UTC
Cristina Fernandez celebrates the UN assembly vote: “we have to feel proud”

Argentine President Cristina Fernández praised on Tuesday the United Nations General Assembly approval of a project that proposes legal framework to regulate restructuring of foreign sovereign debt, saying “Argentina has set an international leading case” with the initiative.
Wednesday, September 10th 2014 - 06:09 UTC
UN assembly sides with Argentina votes to change sovereign debt restructuring

The United Nations General Assembly voted overwhelmingly on Tuesday in favor of a legal framework that would help regulate restructuring of foreign sovereign debt, a project that was suggested by the Argentine government and presented before the assembly by the Group of 77 plus China.
Wednesday, September 10th 2014 - 06:03 UTC
World Bank commits 5bn dollars financial support for Argentina in 2015/2018

The World Bank Group’s (WBG) Executive Directors discussed a new Country Partnership Strategy (CPS) for Argentina covering fiscal years 2015-2018 with financial commitments over the period expected to be in the range of 1 to 1.2 billion dollars per year plus 1.7bn for the private sector.
Wednesday, September 10th 2014 - 04:55 UTC
Blatter will run for a fifth term, despite ongoing corruption scandals

Sepp Blatter has confirmed he will run for a fifth, four-year term as FIFA president. Buoyed by a successful World Cup in Brazil and UEFA President Michel Platini opting not to stand in next year’s election, the 78-year-old Blatter believes he has the backing to win again.
Wednesday, September 10th 2014 - 04:29 UTC
Paraguay argues that soccer was first played by Guarani tribes, according to Jesuit reports

The Guarani tribes that lived in South America in the 17th century used to play a sport similar to soccer when the Jesuits arrived to establish their missions, claims a video based on historical documents released by Paraguay’s Secretary for Culture. Entitled “The Guaranies invented soccer,” the video collects findings made by anthropologists who studied the Jesuits’ legacy in the country.
Tuesday, September 9th 2014 - 04:36 UTC
A hundred Spanish fishing vessels return to Moroccan waters

Representatives of the European Union (EU) and Morocco that make up the Joint Committee managed to solve all the practical issues which have been pending since the bilateral fisheries agreement was signed and that prevented the African country from issuing the fishing licenses.