International

Thursday, August 7th 2014 - 07:41 UTC
Putin retaliates US/EU sanctions: plans to redirect food purchases from Latam

Russia will ban all imports of US food products as well as fruit and vegetables from the European Union after President Vladimir Putin ordered retaliation for Western sanctions against Moscow, a state news agency reported today.
Thursday, August 7th 2014 - 07:22 UTC
Global system used for sovereign-debt workouts remains badly in need of repair

By Kenneth Rogoff (*) - Argentina’s latest default poses unsettling questions for policymakers. True, the country’s periodic debt crises are often the result of self-destructive macroeconomic policies. But, this time, the default has been triggered by a significant shift in the international sovereign-debt regime
Thursday, August 7th 2014 - 06:32 UTC
Mercosur trade deal is a priority for the EU under Italian presidency

Foreign minister Federica Mogherini pledged that under the current Italian presidency of the European Union, top priority will be given to signing the pending trade agreements, among which that with Mercosur still under discussion.
Thursday, August 7th 2014 - 06:01 UTC
“Malvinas dialogue” demands Argentine Patagonia governor in Wales

Underlining the close links between Wales and Argentine Patagonia, where many Welsh immigrants settled for the first time 150 years ago, Chubut governor Martin Buzzi called on the British government “to open a dialogue on the Malvinas Islands”.
Wednesday, August 6th 2014 - 08:54 UTC
US and India clash over food security clause at WTO and suspends TFA protocol

The failure of the two major players in global trade negotiations to bridge their differences has put paid to the adoption of the protocol of amendment for implementation of the contested Trade Facilitation Agreement (TFA) for the time being.
Wednesday, August 6th 2014 - 08:18 UTC
Israel disturbed with Mujica's use of 'genocide' to describe the situation in Gaza

Israel is disappointed and concerned with Uruguayan president Jose Mujica statement that described the Israeli offensive in Gaza as’genocide’, pointed out Jerusalem's new ambassador to Montevideo, Nina Ben-Ami. “These are not words to be used by a friend; we're friendly countries going through a difficult moment”.
Wednesday, August 6th 2014 - 07:46 UTC
Briton involved in World Cup tickets scam released from jail but must remain in Rio

British World Cup ticketing executive who allegedly took part in a scam to sell millions of dollars worth of fraudulent tickets was ordered to be released from prison Tuesday while awaiting trial in Brazil.
Wednesday, August 6th 2014 - 00:20 UTC
Hanover TUI line orders new vessels as Germany is set to become Europe's main cruise market

Germany's TUI Cruises, a joint venture of TUI AG and Royal Caribbean Cruises Ltd. are planning to spend as much as 2 billion Euros for four new vessels to meet increased European demand for cruise holidays. TUI Cruises expects Germany to overtake the UK as Europe's largest cruise market.
Wednesday, August 6th 2014 - 00:04 UTC
UK only Muslim minister resigns protesting 'morally indefensible' policy in Gaza

Sayeeda Warsi, a senior minister in Britain's Foreign Office, resigned on Tuesday, accusing Prime Minister David Cameron's government of taking a “morally indefensible” approach to the conflict between Israel and Hamas.
Tuesday, August 5th 2014 - 07:14 UTC
Argentina planning to question Judge Griesa before the International Court of Justice

Argentina's Legal and Technical Secretary to the Presidency Carlos Zannini is overseeing a group of experts in international law as they draft the suit the government of President Cristina Fernandez will file against US Judge Thomas Griesa’s ruling on full repayment to holdout bondholders at International Court of Justice in the Hague, according to Noticias Argentinas-