Spain's unemployment hit a 15-year high in the third quarter with little hope new jobs will be created any time soon by a battered economy that remains at the forefront of investor concerns about Europe's debt commitments.
Gibraltar’s new iconic £50m Air Terminal, flagged as an architectural symbol of the Government’s program of infrastructure development and a pivotal piece of the expansion of the local aviation industry, will be opened for viewing to the general public on November 3rd.
The Argentine representative before United Nations, Jorge Argüello claimed that the UK “defies the whole of South America” when it impedes Argentina from patrolling its own waters and exercising sovereignty over its own spaces.
South Georgia and South Sandwich Islands will issue a commemorative silver coin to mark the Diamond jubilee of Queen Elizabeth it was announced by the latest edition of the SG Newsletter.
French President Nicolas Sarkozy has said allowing Greece into the Euro zone in 2001 was a mistake. He said Greece was not ready at the time, but he added, it could be rescued thanks to Wednesday's EU deal on the euro debt crisis
The Euro zone's biggest bank Santander said it expected bad loans in Spain to keep on growing as Spaniards, blighted by unemployment and heavy mortgage debt, fall into arrears on payments.
French president Nicolas Sarkozy conferred with his Chinese counterpart Hu Jintao as European policy makers seek to build support for an enlarged rescue fund designed to resolve the region’s sovereign-debt crisis.
French Foreign Affairs Minister, Alain Juppé praised on Thursday the life sentence declared by the Argentine justice system against former navy spy, Alfredo Astiz, for the crimes against humanity, tortures and kidnappings he committed during the last military dictatorship. Juppé said the decision “honours Argentina.”
European Union leaders announced an agreement early Thursday in Brussels on debt crisis measures including a hard-fought deal with private sector investors to write down Greek bonds by 50%.
The World Bank Board approved a 260 million dollars loan to support the Uruguayan government’s reform program in order to consolidate growth with social equity and provide a line of financing to address the impact of the current uncertainty in global economic affairs.