
German Chancellor Angela Merkel demanded stronger central powers for the European Union's executive to veto national budgets that breach EU rules, risking a clash with close ally France at a summit of the bloc's leaders.

The Royal Navy Ice patrol HMS Protector heading for another Antarctic season previous visit to South Africa and Falkland Islands has produced stunning sonar imagery of the wreck of a wartime RFA tanker to help salvage experts study the state of it.

A 20 million dollars agreement signed Wednesday by the United Nations and Brazil will seek to transfer the expertise of the South American country to support cotton farmers in developing economies.

The Argentine Foreign ministry said in an official release on Wednesday that the UN Security Council had received, and incorporated to its agenda, a formal complaint on the UK latest military exercises in the Falkland Islands.

Australia shipped 22,648 tonnes swt of beef to Japan during September, the lowest monthly volumes since December 2003 (with the exception of January).

Pushing its ‘Meat Without Drugs’ campaign, the US Consumers Union recently delivered more than 500,000 signatures to Trader Joe’s in Manhattan, New York.

Switzerland’s government rejected a law suit filed by US hedge funds asking to set an embargo on Argentina's assets deposited in Switzerland based Bank for International Settlements as they claim the payment of a 1 billion dollars debt.

Almost a week after winning the Nobel Peace Prize, the European Union has finally decided who will collect the award. Rather than one person making the trip to Norway on Dec. 10, the EU has decided it will send three people: one to represent each of its main institutions: the European Commission, the European Council and the European Parliament.

By Ned Raynolds - A joke currently making the rounds on Wall Street has it that a bar opened in Silicon Valley, giving away drinks for free. The place was soon wall-to-wall with people. Other West Coast saloons latched onto the idea, figuring that a business model that attracted so many patrons couldn’t fail.

Mexican President-elect Enrique Peña Nieto called in London this week for expanded “cooperation and trade” between his country and Britain based on their shared vision of “free trade”.