International

• Thursday, November 21st 2013 - 06:52 UTC

  Spain says strict controls at Gibraltar border will remain: “a fight against illegal items and contraband”

  

  Spain’s Minister for European Affairs Iñigo Méndez de Vigo has said Madrid will maintain strict controls at the border. Speaking with the media in Brussels the minister said that the European Commission had endorsed the action it has being taking as in line with EU norms.

• Wednesday, November 20th 2013 - 20:43 UTC

  Bank of England enthusiastic about UK recovery, according to November minutes

  

  The UK is in a sustained recovery and does not face major inflation risks, Bank of England policymakers have said. Minutes from the Monetary Policy Committee's November meeting showed the nine members all voted to leave interest rates at 0.5%.

• Wednesday, November 20th 2013 - 20:38 UTC

  Galicia companies involved in sales of undeclared fish catches: tax evasion close to 14 million Euros

  

  The first four ship owners summoned by the Court of Marin, Galicia, northwest Spain admitted to having incurred in fraudulent tax practices in 2008, 2009 and 2010. The Pontevedra Criminal Crimes prosecutor accused the fishing vessel owners of fraud totaling 13.7 million Euros, from the sale of undeclared fish catches from the cooperative San Miguel de Marin

• Wednesday, November 20th 2013 - 05:16 UTC

  U.S. and Europe talks advance towards liberalizing bilateral trade

  

  A week of trade talks in Brussels have taken the European Union and the United States a little closer to a deal to liberalize bilateral trade. EU officials say the trade relationship with the US is already the biggest in the world, worth more than 2bn Euros a day, but barriers remain, and removing them could make it even bigger. If it happens, the agreement would be huge, capable of changing the shape of global trade.

• Wednesday, November 20th 2013 - 04:48 UTC

  Falklands' delegation to Overseas Territories conferences in London and Brussels

  

  Two Falkland Islands Members of the Legislative Assembly, Roger Edwards and Ian Hansen will be attending the second annual Overseas Territories Joint Ministerial Conference (JMC) in London on the 25th of November 2013. The Falkland Islands’ delegation will also include HE the Governor Nigel Haywood, Jamie Fotheringham (Head of Policy), and Sukey Cameron (UK Representative).

• Wednesday, November 20th 2013 - 04:38 UTC

  JP Morgan agrees to pay record 13bn settlement for misleading investors

  

  US bank JP Morgan has agreed to a record 13 billion dollars settlement with US regulators for misleading investors during the housing crisis. It is the largest settlement ever between the US government and a corporation. The bank acknowledged it made “serious misrepresentations to the public”, but said it did not violate US laws.

• Wednesday, November 20th 2013 - 04:16 UTC

  UK summons Spanish ambassador following the latest incursion in Gibraltar territorial waters

  

  Acting Permanent Under Secretary Matthew Rycroft summoned the Spanish Ambassador H.E. Federico Trillo on Tuesday afternoon to raise the United Kingdom’s serious concerns regarding a significant incursion into British Gibraltar Territorial Waters on 18 and 19 November.

• Tuesday, November 19th 2013 - 09:08 UTC

  US government sides with Repsol in the YPF assets seizure with Argentina

  

  United States sided with Spain's Repsol position in the dispute over the seizure of a majority stake in YPF by the administration of Argentine President Cristina Fernandez last year, a dispute which remains unresolved over compensation for the assets.

• Tuesday, November 19th 2013 - 08:55 UTC

  Kerry declares the Monroe Doctrine dead: “we are equals sharing responsibilities”

  

  US Secretary of State John Kerry on Monday declared that a nearly 200-year-old policy which had governed Washington's relations with Latin America was finally dead. Known as the Monroe Doctrine after it was adopted in 1823 by former US president James Monroe, the policy had stated that any efforts by European countries to colonize land in North or South America would be views as aggressive acts and could require US intervention.

• Tuesday, November 19th 2013 - 08:43 UTC

  Argentina vs. hedge funds: Appeals court latest ruling opens the way to the US Supreme Court

  

  A United States appeals court on Monday declined to reconsider an order requiring Argentina to pay 1.33 billion dollars, ruling in favor of bondholders who refused to participate in two debt restructurings spinning out of the country's 2002 default.