International

Monday, September 23rd 2013 - 16:29 UTC
Brazilian media warns that upgrading or airports is way behind schedule

Delays are plaguing work at airports in seven of the 12 Brazilian cities that will host the World Cup nine months from now, the daily O Globo reported Sunday. Citing a survey by Infraero, the federal airports agency, the paper said the worst delay was in the southern city of Porto Alegre, where work on expanding terminal at a cost of 69 million dollars has not even begun.
Friday, September 20th 2013 - 20:58 UTC
JP Morgan-Chase pays hefty fine in the US and UK; former staff face criminal charges

US bank JP Morgan Chase has agreed to pay four regulators 920 million dollars relating to a 6.2bn loss incurred as a result of the “London Whale” trades. The settlement is the third biggest banking fine by US regulators, and the second largest by UK regulators. As part of the deal JP Morgan admitted violating US federal securities laws.
Friday, September 20th 2013 - 20:48 UTC
UEFA agree in principle to move date of 2022 World Cup in Qatar

The 54 member federations of European governing body UEFA are unanimously in favor “in principle” of moving the 2022 World Cup in Qatar to a different time of the year, UEFA president Michel Platini confirmed on Friday.
Friday, September 20th 2013 - 20:35 UTC
Gibraltar granted by UEFA a place in the Champions and Europa Leagues

There could be two Manchester Uniteds in European club competition next season after UEFA on Friday granted Gibraltar one place each in the Champions League and Europa League qualifying rounds.
Friday, September 20th 2013 - 20:07 UTC
A ‘message in a bottle’ dropped in South Georgia reaches NZ three years later

A ‘message in a bottle’ dropped just off the north-western end of South Georgia three years ago has washed up on Stewart Island, off the south end of New Zealand - more than half a world away, reports the July edition of the South Georgia Newsletter.
Friday, September 20th 2013 - 19:47 UTC
“Ad hoc talks do not mean four sides” Gibraltar and UK reply to Spain statements

Ad hoc’ talks do not mean four sides: that was the swift and firm declaration from the Government of Gibraltar in response to statements made to the Gibraltar Chronicle by Gonzalo de Benito, Spain’s Minister of State for Foreign Affairs.
Friday, September 20th 2013 - 19:43 UTC
Germany’s anti-Euro party could force a ‘grand-coalition’ after Sunday’s election

German voters will go to the polls this Sunday in a national election whose outcome could change the future of Germany and the Euro zone. According to the latest polls, Merkel's conservative lead has narrowed ahead of the vote on Sunday. Merkel and her conservative CDU/CSU coalition would receive 38% of the vote, an INSA poll showed on Thursday.
Friday, September 20th 2013 - 19:38 UTC
Looking back on time: when Garcia Margallo championed for Melilla and Ceuta as tax havens

Spanish Foreign Minister José Manuel García-Margallo has long been a vocal critic of Gibraltar’s competitive tax framework, denouncing the Rock as “a tax haven” despite its recognised compliance with international standards set by the EU and the OECD, among others.
Friday, September 20th 2013 - 08:35 UTC
Lack of ‘tuning’ and a new historic reality, obstacles for EU/Mercosur trade talks

The lack of ‘tuning’ in trade affairs is not the only motive stalling the decade long Mercosur/European Union trade and cooperation discussions according to EU ambassador in Montevideo, Juan Fernandez Trigo who also included what he described as the ‘new historic reality’.
Friday, September 20th 2013 - 07:58 UTC
IMF sides with Obama calls on Republicans to bury political differences

The International Monetary Fund urged US policymakers to support major reforms at the global lender and bury political differences over the budget to ease one source of risk to the economy and markets.