
Representatives from sixty countries begin Saturday in Santiago de Chile the two day summit which breaks with recent tradition: Latin American countries, full of economic confidence, are hosting their European partners and are expected to volunteer to help with Europe’s economic problems.

The European Union27 international trade in goods with the Community of Latin American and Caribbean States, (CELAC), has been characterised in recent years by steady growth between 2003 and 2008, a sharp decline in 2009 and a strong recovery since then.

As part of its overall efforts to ensure that the US fishing industry isn’t undermined by unsustainable or illegal activities, the National Oceanic and Atmospheric Administration (NOAA) has submitted a Congressionally mandated report identifying ten nations whose fishing vessels engaged in illegal, unreported, and unregulated (IUU) fishing in 2011 or 2012, or had ineffective measures to prevent the unintended catch of protected species in 2012.

Spain’s unemployment rate shot up to a record 26% in the fourth quarter of 2012, leaving almost six million people out of work, the National Statistics Institute said on Friday. The rate rose from 25% in the third quarter as the country’s recession deepened.

Chancellor George Osborne has vowed not to run away from Britain's economic woes amid fresh signs the UK is heading for an unprecedented triple dip recession. The first official estimate from the Office for National Statistics (ONS) revealed the economy shrank by 0.3% between October and December, slamming the recovery into reverse after the 0.9% growth seen in the previous quarter.

The Falkland Islands will be hosting the 43rd British Islands and Mediterranean Region (BIMR) Annual Conference of the Commonwealth Parliamentary Association (CPA) from the 11th to 15th February 2013. This is the second time BIMR holds its annual conference in the Falklands, last time was in February 2004.

An unexpectedly stubborn Euro zone recession and weakness in Japan will weigh on global economic growth this year before a rebound in 2014 that should deliver the fastest expansion since 2010, according to the International Monetary Fund.

British Prime Minister David Cameron insisted on Thursday he was not turning his back on Europe as the global elite at the annual Davos meeting gave his referendum plans a frosty reception.

Gibraltar Chief Minister Fabian Picardo had the opportunity to meet the President of the United States Barrack Obama during his five-day visit to Washington, No 6 said on Wednesday.

France, Germany and nine other European Union states side-stepped British opposition this week and won approval for a tax on financial transactions, it emerged on Wednesday.