Falklands Battle Day was commemorated in Britain this year on Saturday December 10th at the Cenotaph, in fine sunny weather.
Ratings agency Moody's downgraded the debt of BNP Paribas, Societe Generale, and Credit Agricole on Friday, citing deteriorating liquidity and funding conditions.
British PM David Cameron has defended his decision to block an EU-wide treaty change to tackle the Euro zone crisis, despite warnings it will leave the UK isolated.
In a very close result the Gibraltar Socialist Labour Party (GSLP) Liberal Alliance were elected on Thursday into government with Fabian Picardo topping the poll.
The European Central Bank cut interest rates by a quarter of a point Thursday to counter the twin threats of recession and deflation in the Euro zone, and is expected to unveil fresh measures to help banks hurt by the bloc's debt crisis.
Europe's banks must increase their capital by 114.7 billion Euros, more than predicted two months ago, to make them strong enough to withstand the Euro zone debt crisis and restore investor confidence, Europe's banking watchdog said.
Argentine Defence minister Arturo Puricelli rejected the announced UK plan to create a huge marine protection zone in South Georgia saying the British are feeling “uneasy” because of the Argentine diplomatic work displayed to claim the South Atlantic Islands.
Women are to be allowed to serve in submarines for the first time in the Royal Navy’s history the Secretary of State for Defence, Philip Hammond, announced on Wednesday. The decision comes following an 18-month review conducted by the Royal Navy looking at the legal, operational, health, social, technical, and financial issues of allowing women to serve on submarines.
Russian Prime Minister Vladimir Putin, facing the possibility of nationwide protests against his rule, on Thursday accused US Secretary of State Hillary Clinton of instigating demonstrators in the wake of the disputed parliamentary election.
UK interest rates were held at a record low of 0.5% by the Bank of England's Monetary Policy Committee on Thursday.