International

Friday, March 1st 2013 - 16:05 UTC
IAG insists Iberia “must adapt to survive”; forecasts profit this year

British Airways parent International Consolidated Airlines Group (IAG) has pledged to push through a plan to shrink Spanish arm Iberia by 15% and deliver a profit rebound this year following a group-wide loss last year.
Friday, March 1st 2013 - 13:29 UTC
Euro-zone unemployment reaching 12%; Greece and Spain above 26%

Unemployment in the Euro zone reached a new high of 11.9% in January, as an additional 201,000 people joined the jobless ranks in the crisis-battered bloc, latest data showed Friday. The unemployment rate has been increasing relentlessly since the middle of 2011.
Friday, March 1st 2013 - 06:39 UTC
Be careful: Russia is back to stay in the Middle East

Russia is back. President Vladimir Putin wants the world to acknowledge that Russia remains a global power. He is making his stand in Syria. The Soviet Union acquired the Tartus Naval Port in Syria in 1971 without any real purpose for it. With their ships welcomed in Algeria, Cuba or Vietnam, Tartus was too insignificant to be developed. After the collapse of the Soviet Union, Russia lacked the funds to spend on the base and no reason to invest in it.
Friday, March 1st 2013 - 02:08 UTC
Ban Ki-moon calls for a more inclusive dialogue on decolonization

With the world undergoing a “great transition,” it is time for a new kind of inclusive dialogue about decolonization, Secretary General Ban Ki-moon said, calling for fresh approaches to resolve the situations of the remaining 16 Non-Self-Governing Territories.
Friday, March 1st 2013 - 02:01 UTC
Political challenges for the ambitious US-EU trade agreement to ensure Western preeminence

US-EU plans to join forces via a free-trade agreement are taking on shape. During his Berlin visit, US Secretary of State John Kerry described the planned pact as a priority for President Barack Obama's second term and marked out the agreement as a key element in cementing transatlantic ties.
Thursday, February 28th 2013 - 23:59 UTC
Brazilian market suffers the impact of iron-ore producer Vale record loss in fourth quarter

Brazil’s Bovespa-index futures declined with the equity gauge poised for its biggest monthly drop since May, after iron-ore producer Vale SA posted a record loss in the fourth quarter.
Thursday, February 28th 2013 - 18:48 UTC
Mastermind of 1963 “Great Train Robbery” dies in London

The mastermind behind Britain's “Great Train Robbery”, a 1963 heist that turned its perpetrators into celebrities, has died aged 81, local media reported on Thursday. Bruce Reynolds died in his sleep at his home in London after a period of ill health, reports from news media which included the BBC said, citing comments from Reynolds's son, Nick.
Thursday, February 28th 2013 - 14:13 UTC
Falklands’ situation attracts attention from China involved in Far East Asia islands dispute

Interest in the Falkland Islands’ dispute with Argentina, assimilated to the current Senkakus/Diayous islands situation in Asia apparently has not been limited to the quotes made by Prime Minister Shinzo Abe before the Japanese Parliament but also in another minor experience precisely in the Falklands and involving the Editor of the Penguin News, the local weekly newspaper of the Islands.
Thursday, February 28th 2013 - 14:06 UTC
Japan appeals to Thatcher Falklands’ resolve quotes in islands dispute with China

Japan's prime minister on Thursday quoted comments by former British premier Margaret Thatcher about the Falklands War with Argentina as he spoke about Tokyo's acrimonious islands’ dispute with China.
Thursday, February 28th 2013 - 06:00 UTC
Benedict XVI admits deep trouble in the Church; next Pope before Palm Sunday

Bidding an emotional farewell to a huge crowd gathered in the Vatican's St. Peter's Square, Pope Benedict XVI indirectly acknowledged Wednesday that his nearly eight years as head of the Roman Catholic Church have not always been easy.