The European Central Bank on Thursday opened the door to a rate cut next year, after slashing its economic growth projections for the 17-member Euro- zone.
Standard Chartered expects to pay 330 million dollars to US regulators to settle claims that it did not comply with US sanctions against Iran. The amount is on top of 340m it paid to New York's Department of Financial Services (DFS) earlier this year.
The European Union, the US and Japan have jointly asked the World Trade Organization to rule in a protracted trade dispute with Argentina. They criticize what they believe are unfair import restrictions and protectionism.
The Union of European Football Associations, UEFA, has included Gibraltar in the Futsal qualifiers for the Euro 2013 Cup to be played in France next month and in the U17 and U19 tournaments to be disputed beginning next autumn. This is considered a remarkable step for Gibraltar’s football on the Uefa/GFA ‘road map’
Spain’s Repsol has sued Chevron Corp. in New York seeking to prevent the US oil giant from developing energy assets in Argentina. The federal lawsuit filed Tuesday follows other legal claims that the Spanish oil company has filed in Madrid and Washington, demanding more than 10 billion dollars in compensation for the majority stake in the YPF oil company that Argentina's government took over in April.
Argentina has filed complaints with the World Trade Organization against the United States over limits on beef and lemon shipments, and against the European Union and Spain for curbs on bio-diesel, Foreign Minister Hector Timerman announced.
The Argentine Government’s acts of intimidation towards cruise companies which have planned to visit the Falkland Islands continues to impact on the Islands tourism industry with a further two ships cancelling their February visits on Wednesday.
Brazil must not repeat the “national tragedy” of losing the 2014 World Cup as it did when it hosted the event in 1950, the country’s Minister of Sport Aldo Rebelo said. “We cannot repeat the national tragedy of 1950 when we lost to Uruguay” Rebelo told foreign journalists visiting Brazil as part of the build up to the finals. “It was like losing to your younger brother.
Countries – especially those with a long mining history -- can substantially reduce lead poisoning in children by mapping contamination levels in the soil to identify high-risk areas and by taking measures to keep children away from those areas, according to a study published this month in the public health journal, the Bulletin of the World Health Organization.
Ecuador's President Rafael Correa said he discussed with his Argentine counterpart Cristina Fernandez the legal dispute with US oil giant Chevron that has spilled over into her country.