International

Saturday, February 16th 2013 - 21:05 UTC
G-20 rejects a ‘currency war’, but global situation too fragile to confirm it in facts

The Group of 20 nations declared there would be no 'currency war' and deferred plans to set new debt-cutting targets in an indication of concern about the fragile state of the world economy.
Saturday, February 16th 2013 - 20:44 UTC
Trawling for the next generation of antibiotics at the bottom of the ocean

Researchers are embarking on an £8m project to discover new antibiotics at the bottom of the ocean. A team, led by scientists at Aberdeen University, is hunting for undiscovered chemicals among life that has evolved in deep sea trenches.Prof Marcel Jaspars said the team hoped to find “the next generation” of infection-fighting drugs.
Friday, February 15th 2013 - 19:12 UTC
Stranded cruise vessel docks in Alabama; “the ship’s afloat, so is the sewage”

More than 4,000 people, passengers and crew members, disembarked on Friday from a crippled cruise ship that docked at Mobile, Alabama four days after an engine fire knocked out power while sailing in the Gulf of Mexico.
Friday, February 15th 2013 - 18:56 UTC
Top UK trade and media birdwatchers aiming for Falkland Islands’ experience

The Falkland Islands Tourist Board (FITB) will be hosting some of the UK’s top bird watchers at the end of this month, on a trip led by Tim Appleton, cofounder and organiser of the prestigious British Birdwatching Fair.
Friday, February 15th 2013 - 18:39 UTC
A potentially harmful painkiller bute in the horsemeat chain scandal in the EU

Horse carcasses containing the painkiller bute could have been entering the food chain in significant numbers for some time, the head of the UK Food Standards Agency (FSA) has admitted.
Friday, February 15th 2013 - 05:45 UTC
Argentine Jewish community rejects point blank agreement with Iran; full Senate debate on 21 February

The heads of the AMIA and DAIA Jewish umbrella organizations, Guillermo Borger and Julio Schlosser, strongly rejected the memorandum of understanding signed between Argentina and Iran in order to create a truth commission looking to investigate the 1994 terrorist attack that left over 80 people dead and dozens injured.
Friday, February 15th 2013 - 05:36 UTC
China became in 2012 the world’s biggest trading nation surpassing the US

China surpassed the US to become the world's biggest trading nation last year as measured by the sum of exports and imports of goods, a milestone in the Asian nation's challenge to the US dominance in global commerce.
Friday, February 15th 2013 - 05:34 UTC
Germany and France poor performance plunge Euro zone into recession

The Euro zone slipped deeper into recession in the last three months of 2012 after its largest economies, Germany and France, shrank markedly at the end of the year. It marked the bloc's first full year in which no quarter produced growth, extending back to 1995.
Friday, February 15th 2013 - 05:29 UTC
G-20 Finance ministers to discuss effects of monetary stimuli and currency values

The finance ministers of the G20 group of nations are meeting in Moscow amid concerns that major trading powers may be heading towards a currency war. Japan's monetary stance has seen a big decline in the Yen, while the Euro has risen against a basket of currencies.
Thursday, February 14th 2013 - 23:35 UTC
Fitch Ratings downgrades Argentina and Venezuela prospects for 2013

Fitch ratings has lowered Argentina, Venezuela and El Salvador credit and growth prospects to negative, while for the rest of Latinamerica the situation remains stable, according to a seminar in Frankfort, on “Latinamerica opportunities and challenges”.