Germany and France again on Wednesday over whether the European Central Bank should take bolder steps to stem the Euro zone debt crisis, with Chancellor Angela Merkel issuing one of her starkest warnings yet against fiddling with the central bank's strict inflation-fighting mandate.
Global markets fell Wednesday after more evidence emerged that the global economy is faltering fast and that the Euro zone is heading for a recession as the debt crisis spreads to the bigger economies like Italy and Spain.
The latest report on landmines has both good and bad news. It says governments have provided a record level of funding to remove the weapons. But at the same time the use of antipersonnel mines has increased.
The president of Spain’s banking group Santander Emilio Botin described Brazil as “a very interesting market for Spain” following a meeting with Brazilian president Dilma Rousseff.
Australian scientists have discovered two huge sunken islands in the Indian Ocean west of Perth. The islands, about the size of Tasmania, were once part of the super-continent Gondwana and are more than 1.5km underwater.
It was to be a “complaints as usual day” plus the announcement Uruguay is poised for another year of record exports, close to 12 billion dollars. But the speaker contracted for the celebration of Exporter’s Day left the Uruguayan business audience and government officials quite surprised.
European Union and Latin American leaders called for a quicker pace in concluding the EU/Mercosur cooperation and trade negotiations. The statement took place during the meeting in Brussels of the Euro-Latinamerica Parliamentary assembly.
Falkland Islands representatives will be attending the annual Overseas Territories Consultative Council on November 23/24 in London when the British Government's new strategy for its Overseas Territories will be at the heart of discussions.
Thousands of demonstrators marched on Monday in south China to protest against a local land grab, carrying banners and shouting slogans opposing 'dictatorship' and 'corruption', locals said.
The second of a planned series of extended political articles written exclusively for the Penguin News web site by Deputy Editor John Fowler.