International

• Wednesday, October 17th 2012 - 04:43 UTC

  Santander desists from purchase of 316 branches from Royal Bank of Scotland

  

  Royal Bank of Scotland's proposed sale of 316 branches and other interests to Santander has collapsed. The Spanish bank pulled the plug on the sale, saying that the already-delayed deal could not be completed by the revised deadline.

• Wednesday, October 17th 2012 - 03:41 UTC

  Ambassador Castro delivered credentials to Queen Elizabeth in ‘warm meeting’

  

  Argentine Ambassador to the United Kingdom, Alicia Castro, delivered on Tuesday her credentials to Queen Elizabeth II in a meeting deemed as “warm,” that will help improve bilateral relations between both countries.

• Wednesday, October 17th 2012 - 03:20 UTC

  PM Cameron inspects air carrier construction: underlines “Made in UK badge”

  

  British Prime Minister, David Cameron, visited Rosyth dockyard on Monday to see the work taking place to build the first of the two new Queen Elizabeth Class aircraft carriers.

• Tuesday, October 16th 2012 - 07:46 UTC

  ARA Libertad conflict forces the resignation of the Argentine navy chief

  

  The ARA Libertad conflict retained in Ghana has a new victim: Argentina’s Navy chief of staff Admiral Carlos Alberto Paz tendered his resignation and was replaced by his deputy Vice-Admiral Daniel Alberto Martin.

• Tuesday, October 16th 2012 - 07:33 UTC

  UK to withdraw thousands of troops from Afghanistan next year

  

  Britain plans to withdraw thousands of troops from Afghanistan next year, Defence Secretary Philip Hammond said, as pressure mounts to end British involvement in the costly and unpopular war.

• Tuesday, October 16th 2012 - 07:29 UTC

  Soros suggests that if Germany does not lead, it should leave the Euro

  

  The European Union could be destroyed by the “nightmare” Euro crisis, and Germany needs to take the responsibility to save the common currency, billionaire fund manager George Soros said on Monday.

• Tuesday, October 16th 2012 - 00:07 UTC

  Brazil insists in criticizing US monetary policy, but “we are prepared”

  

  Brazil’s central bank president Alexandre Tombini refuted on Monday arguments that the US expansionist monetary policy do not harm emerging countries such as Brazil.

• Monday, October 15th 2012 - 23:08 UTC

  ARA Libertad dispute in Ghana: high ranking Argentine navy officers lose their jobs

  

  Argentina’ Defence Ministry announced on Monday that two top Navy officers had been disciplined for their responsibility in plotting the course of the training frigate ARA Libertad currently retained in Ghana on an injunction from a US based hedge fund and following a failed plea last Thursday.

• Monday, October 15th 2012 - 22:17 UTC

  Spain has lost a million people since January 2011 because of the recession

  

  Condemned by recession, almost a million persons have left Spain since January last year according to a report from the country’s National Statistics Institute, INE, which also points out that the trend has intensified in the first nine months of this year.

• Monday, October 15th 2012 - 18:48 UTC

  Bernanke replies to Brazil and IMF on rich countries monetary easing controversy

  

  Federal Reserve chairman Ben Bernanke has defended the central bank's measures to bolster the US economy. Brazil has said US monetary easing to keep interest rates low and weaken the dollar has hurt emerging economies. And IMF chief Christine Lagarde warned on Sunday of consequent asset bubbles developing in emerging nations.