International

Thursday, March 7th 2013 - 22:21 UTC
Falklands’ YES and NO results and possible consequences

Next Sunday and Monday Falkland Islanders will be voting in a referendum and will be asked a very simple and direct question: “Do you wish the Falkland Islands to retain their current political status as an Overseas Territory of the United Kingdom?”
Thursday, March 7th 2013 - 07:01 UTC
IMF mission in Argentina to check financial system, in framework of G20

Officials from the International Monetary Fund and the World Bank arrived in Argentina on Tuesday to evaluate the country's financial system as part of checkups agreed among Group of 20 nations, according to a report from the official state news agency, Telam.
Thursday, March 7th 2013 - 06:52 UTC
Gibraltar represented for the first time at United Nations Commission

For the first time ever Gibraltar is represented at the United Nations Commission on the status of women. Minister for Equality and Social Services, Samantha Sacramento has been attending the United Nations Commission on the Status of Women (CSW) 57th Session at the United Nations Headquarters in New York.
Wednesday, March 6th 2013 - 11:47 UTC
Iberia strike cancels 1.300 flights; further industrial action planned for Easter Week

Unions at Spain's flagship airline Iberia began a second week of strikes on Monday, with 1.300 flights canceled and most passengers re-assigned to other flights. Iberia and three smaller airlines that it provides with ground services -- Iberia Express, Vueling and Air Nostrum --- have been impacted by the action, an Iberia spokesman said.
Wednesday, March 6th 2013 - 10:59 UTC
As president for 14 years, “Chavez left a lasting impression on Venezuela and more widely”

The UK Foreign secretary has paid tribute to Venezuelan President Hugo Chavez, who he said left a “lasting impression” on his country. Chavez, 58, died on Tuesday after being seriously ill with cancer, ending his 14-year rule.
Tuesday, March 5th 2013 - 21:51 UTC
The Swiss are also annoyed: windfall vote to limit “fat-cat executive pay”

The Swiss have approved a “fat-cat referendum” to limit executive pay by a crushing 68% to 32%, no great surprise perhaps given the current mood on bankers and other superrich around the globe. The referendum was the brainchild of Thomas Minder, the independent legislator who began his struggle to give shareholders in Swiss-listed companies the right to control the pay of executives and board members in 2006.
Tuesday, March 5th 2013 - 21:43 UTC
UK outgunned in EU bankers’ bonus cap debate; Germany could come to the rescue

Britain was left isolated in Europe on Tuesday after it failed to secure backing to water down new EU rules limiting bankers' bonuses, a measure that could threaten London's dominance as a financial centre.
Tuesday, March 5th 2013 - 19:07 UTC
Young Falkland Islanders’ voice their views

By Harold Briley - Circuited well in advance of their historic referendum on their future, a booklet voicing the views of the post-invasion generation of Islanders is a vital part of the new Falkland Islands campaign to explain their case internationally. In this contribution to the referendum debate, MercoPress takes a more comprehensive look at their attitudes.
Tuesday, March 5th 2013 - 17:00 UTC
Singapore wealth fund boosts Spain’s Repsol, recovering from YPF nationalization

Singapore wealth fund Temasak has bought a 5% stake in Spanish oil group Repsol for just over one billion Euros, raising its total stake in the company to 6.3%, Repsol said in a release. The operation involves the entire portfolio of Repsol treasury stock at 16.01 Euros per share for a total of 1.036 billion Euros (1.35bn dollars).
Tuesday, March 5th 2013 - 16:52 UTC
Libor rate-rigging: UK regulator failed to act on warnings of “low-balling”

The UK Financial Services Authority repeatedly failed to act on warnings that banks were trying to rig inter-bank lending rates (mainly Libor) at height of the financial crisis, according to an internal review published Tuesday by the regulator.