International

• Wednesday, July 4th 2012 - 23:00 UTC

  Libor rate manipulation: Barclays’ former CEO does not convince PMs and points to Bank of England

  

  British banker Bob Diamond has revealed that one of his big fears during the 2008 global credit crisis was that his bank, Barclays, would be taken over by the British government.

• Wednesday, July 4th 2012 - 22:39 UTC

  Discovery of the Higgs boson a key to open the mysteries of the universe

  

  Scientists at Europe's CERN research centre have found a new subatomic particle, a basic building block of the universe, which appears to be the boson imagined and named half a century ago by theoretical physicist Peter Higgs.

• Wednesday, July 4th 2012 - 22:26 UTC

  Spanish court opens fraud case against Banka former executives

  

  A Spanish court opened a fraud case against former executives of lender Bankia on Wednesday amid mounting public anger against the state-rescued bank.

• Wednesday, July 4th 2012 - 22:13 UTC

  South Korea announces plans to start whaling for “scientific research”

  

  South Korea said on Wednesday that it planned to start whaling through a loophole that allows the killing of whales for scientific research, following the lead of Japan's controversial expeditions.

• Wednesday, July 4th 2012 - 21:23 UTC

  Buenos Aires to host South America Seatrade cruise convention next September

  

  The second Seatrade South America Cruise Convention is scheduled to take place at the Quinquela Martin Cruise Terminal, Buenos Aires, Argentina next September 10-11. The event is organised in close partnership with the host port and Inprotur, the Argentine National Institute of Tourism Promotion.

• Wednesday, July 4th 2012 - 19:00 UTC

  HMS Dragon joins P&O cruise fleet parade on the company’s 175th anniversary

  

  She is normally known as quite a large warship, but HMS Dragon was dwarfed by seven liners in the Solent. The Type 45 destroyer’s crew stood in ceremonial uniform as the full P&O cruise fleet passed them as they marked the company’s 175th anniversary.

• Wednesday, July 4th 2012 - 18:42 UTC

  New UN food standards regulations extensive to milk, sea food, dried fruit and melons

  

  The UN food standards body has agreed on new regulations, including the maximum level of melamine in liquid milk formula for babies, to protect the health of consumers across the world. Other measures adopted include new food safety standards on seafood, melons, dried figs and food labelling.

• Wednesday, July 4th 2012 - 18:29 UTC

  Cameron prepared to restrict immigration from Euro zone countries

  

  Britain could restrict the immigration of Greeks and other citizens of Euro zone countries affected by Europe's sovereign debt crisis in the event of “extraordinary stresses and strains”, Prime Minister David Cameron said.

• Wednesday, July 4th 2012 - 05:58 UTC

  Barclays CEO resigns as the Libor rate fixing scandal widens

  

  UK Barclays chief executive Bob Diamond suddenly quit on Tuesday over an interest rate-rigging scandal that threatens to drag in a dozen more major lenders but suggested the Bank of England had encouraged his bank to manipulate the figures

• Tuesday, July 3rd 2012 - 18:56 UTC

  IMF praises Germany; suggests more stimuli to a tepid performing US economy

  

  An IMF report revealed that the German economy’s performance has been remarkable despite facing considerable headwinds and that the US recovery “remains tepid and subject to elevated downside risks.”