International

Thursday, July 11th 2013 - 06:34 UTC
China’s June fall in exports and imports anticipate grim outlook for world trade

China has warned of a grim outlook for trade as the world's second-largest economy surprised financial markets by reporting a fall in exports and imports when both had been expected to rise. The June data showed that exports fell 3.1% from a year earlier and imports dropped 0.7%, according to customs officials.
Thursday, July 11th 2013 - 01:41 UTC
Falklands receives €4.13 million in development funds from EU and praise for good governance

Falklands Islands received €4.13 million from the European Union to support sustainable growth through economic diversification under the European Development Fund (EDF) through mid-2013 to early 2016.
Wednesday, July 10th 2013 - 17:25 UTC
Spain apologizes to Bolivia for ‘any misunderstanding’ regarding Morales plane incident

Spain's foreign minister Tuesday offered apologies to Bolivia's Evo Morales for “any misunderstanding” linked to last week's diversion of the Latin American leader's aircraft, but insisted that Madrid never barred the plane from its airspace. Jose Manuel Garcia-Margallo addressed the issue at a breakfast with reporters in Madrid.
Wednesday, July 10th 2013 - 06:05 UTC
OAS condemns Morales plane incident and urges EU countries involved to apologize

The Organization of American States Permanent Council (OAS) adopted on Tuesday a resolution expressing solidarity with President of Bolivia Evo Morales whose official aircraft last July 2 was delayed because of air space pass-by denial in Europe and urged the European countries involved to provide explanations and apologies.
Wednesday, July 10th 2013 - 05:57 UTC
Global Euro use slips in 2012; Dollar remains king; Canada and Australian currencies emerge

International use of the Euro slipped last year because of the debt crisis in Europe, but the US dollar held its own as the world’s leading currency for reserves held by central banks, according to the European Central Bank.
Wednesday, July 10th 2013 - 05:50 UTC
NYSE takes control of LIBOR setting, following collusion from leading banks

The owner of the New York Stock Exchange is set to take control of a key scandal-hit bank interest rate. NYSE Euronext has won the contract for setting the London Inter-bank Offered Rate (Libor), a government-backed committee announced. Libor is used to set trillions of dollars of financial contracts.
Tuesday, July 9th 2013 - 06:34 UTC
Strong letter to Cristina Fernandez for blocking AMIA case prosecutor from testifying before US congress

The United States Congress sent a strong letter to Argentine president Cristina Fernandez expressing ‘disappointment’ and ‘deep concern’ over the government’s decision to deny General Prosecutor of the AMIA Case, Alberto Nisman, the opportunity to testify before the House Committee on Homeland Security’.
Tuesday, July 9th 2013 - 06:26 UTC
Bolivia wants EU ambassadors to reveal who said Snowden was aboard Morales plane

Bolivia demanded France, Portugal, Spain and Italy reveal who told them that former US spy agency contractor Edward Snowden was aboard President Evo Morales' flight from Moscow last week.
Tuesday, July 9th 2013 - 06:08 UTC
Francis pays tribute to deceased migrants and slams “globalization of indifference”

Pope Francis has visited Lampedusa in the extreme south of Italy to pay tribute to the thousands of migrants who have lost their lives trying to reach the European Union and criticized what he called the “globalization of indifference.”
Tuesday, July 9th 2013 - 05:58 UTC
UK announces new feasibility study into resettlement of the British Indian Ocean Territory

The British government announced to Parliament that it will commission a new feasibility study into the resettlement of the British Indian Ocean Territory, BIOT, whose indigenous population the Chagossian was removed in the sixties and early seventies for defense reasons and is an issue that remains highly controversial and sensitive.