European Central Bank President Mario Draghi urged indebted governments to move beyond spending cuts and tax hikes and introduce reforms that would boost growth and reduce the “tragedy” of unemployment.
By Harold Briley, London
A demand that President Obama should stop siding with Argentina in the Falkland Islands dispute and instead fully back Britain and the Islanders has been made by a team of eminent US academics. In a sustained attack, they condemn United States policies as hypocritical and dangerous by claiming a posture of neutrality while supporting Argentina, which is conducting a campaign of “bullying intimidation, aggression, coercion and confrontation”.
An impartial group of independent international observers, Referendum International Observation Mission (RIOM) will monitor the referendum on the political future of the Falkland Islands on Sunday and Monday, according to a release.
Iranian President Mahmoud Ahmadinejad is expected in Caracas early Friday on time to pay tribute to his late Venezuelan counterpart, Hugo Chavez, who died earlier this week after a two-year battle with cancer. Ahmadinejad left Tehran for Caracas on Thursday.
Conservative estimates put the size of recoverable crude oil and natural gas offshore the United States at the equivalent of nearly 35 years of Saudi Arabia's production. Chevron made the case emphasizing the need for development of US offshore resources.
Next Sunday and Monday Falkland Islanders will be voting in a referendum and will be asked a very simple and direct question: “Do you wish the Falkland Islands to retain their current political status as an Overseas Territory of the United Kingdom?”
Officials from the International Monetary Fund and the World Bank arrived in Argentina on Tuesday to evaluate the country's financial system as part of checkups agreed among Group of 20 nations, according to a report from the official state news agency, Telam.
For the first time ever Gibraltar is represented at the United Nations Commission on the status of women. Minister for Equality and Social Services, Samantha Sacramento has been attending the United Nations Commission on the Status of Women (CSW) 57th Session at the United Nations Headquarters in New York.
Unions at Spain's flagship airline Iberia began a second week of strikes on Monday, with 1.300 flights canceled and most passengers re-assigned to other flights. Iberia and three smaller airlines that it provides with ground services -- Iberia Express, Vueling and Air Nostrum --- have been impacted by the action, an Iberia spokesman said.
The UK Foreign secretary has paid tribute to Venezuelan President Hugo Chavez, who he said left a lasting impression on his country. Chavez, 58, died on Tuesday after being seriously ill with cancer, ending his 14-year rule.