International

• Tuesday, September 10th 2013 - 00:52 UTC

  Global trade growth estimates down to 2.5% this year and 4.5% in 2014, says Azevedo

  

  World trade is expected to grow by 2.5% this year and 4.5% in 2014, the World Trade Organisation's new chief, Roberto Azevedo, said on Monday, revising down previous estimates of 3.3% and 5%.

• Tuesday, September 10th 2013 - 00:42 UTC

  BRICS agree on a 100bn ‘financial firewall’ in anticipation of ‘currency shocks’

  

  BRICS nations (Brazil, Russia, India, China and South Africa) have agreed to a 100 billion dollars currency reserve pool as a “financial firewall” in anticipation of liquidity strains and ‘currency shocks’ as the United States Federal Reserve moves to reduce monetary stimulus.

• Tuesday, September 10th 2013 - 00:23 UTC

  Silvio Berlusconi’s fate has the Italian coalition (and economy) on the edge

  

  Silvio Berlusconi continues to prevail in Italian politics as a close ally warned on Monday that his party could pull out of Prime Minister Enrico Letta's government if a Senate committee refuses to delay a decision on whether to expel the media mogul from parliament.

• Tuesday, September 10th 2013 - 00:18 UTC

  Huge political display in support for Gibraltar on its National Day

  

  Representatives from British Overseas Territories including Falkland Islands lawmaker Ian Hansen as well as a cross-party delegation of British MPs were welcomed on Sunday by Gibraltar Chief Minister Fabian Picardo.

• Monday, September 9th 2013 - 02:29 UTC

  Cristina Fernandez now refers to the IMF chief as “Madame (Christine) Lagarde”

  

  IMF Managing Director ‘Madame (Christine) Lagarde’ had words of support for Argentina’s position in the dispute with ‘vulture’ (hedge) funds during an informal encounter with Argentine officials on the sidelines of the recent G20 summit in Russia.

• Monday, September 9th 2013 - 02:19 UTC

  Falklands’ Premier Oil joins Argentina’s ‘black list’ of companies ‘illegally’ operating in Malvinas waters

  

  United Kingdom’s Premier Oil PLC has been incorporated to the black list of companies banned by Argentina from operating in the country because of its hydrocarbons ‘illegal and clandestine’ activities in the continental shelf next to the Malvinas Islands without the competent authorization.

• Monday, September 9th 2013 - 02:04 UTC

  Falklands (1901) 5 shillings and (1899) £1 bills on sale at London’s Spink’s

  

  Two Falkland Islands bills will go on sale at Spink’s London World Bank Notes next October 2-4, which are considered to be of great interest for British Empire and/or low serial number enthusiasts.

• Monday, September 9th 2013 - 01:45 UTC

  US and UK intelligence cracked encryption codes and security protocols, claims Snowden

  

  US and UK intelligence have reportedly cracked the encryption codes protecting the emails, banking and medical records of hundreds of millions of people. Disclosures by leaker Edward Snowden allege the US National Security Agency (NSA) and the UK's GCHQ successfully decoded key online security protocols.

• Monday, September 9th 2013 - 01:36 UTC

  Mercedes plans to build a compact cars factory in Brazil

  

  German carmaker Daimler plans to build a new Mercedes factory in Brazil to benefit from growing demand for compact cars in the country, its chief executive told a German newspaper.

• Monday, September 9th 2013 - 01:34 UTC

  World’s largest volcano has been discovered on the Pacific Ocean floor

  

  The world's largest volcano has been discovered on the floor of the Pacific Ocean. The volcano, 1,600 kilometres east of Japan and called the Tamu Massif, is the size of the British Isles. It covers 308,000 square kilometres, rising around 3.54 km above the bottom of the seabed and delving 29 km into the Earth's crust.