International

• Thursday, June 7th 2012 - 20:25 UTC

  “Too much financial, too little social” attention says ILO chief of the current crisis

  

  It is possible to turn the inefficient growth patterns of today’s world economy around but this requires a redefinition of priorities and the political conviction to overcome the dogmas of the past, said ILO chief Juan Somavia, in his addess to the plenary session of the International Labour Conference.

• Thursday, June 7th 2012 - 20:19 UTC

  Transparency warns about close links between business and governments leading to corruption in Europe

  

  Anti-corruption group Transparency International warned in a new report released Thursday that the close relationship between business and government has enabled corruption and undermined economic stability in Europe.

• Thursday, June 7th 2012 - 06:29 UTC

  Argentine president attendance at C24 to discuss Falklands’ case, “misfortunate” and “most unusual”

  

  The UK regretted as ‘misfortunate” and “strange” the announced attendance of Argentine president Cristina Fernandez next week to the UN Decolonisation Committee to claim sovereignty over the Falklands/Malvinas Islands.

• Thursday, June 7th 2012 - 05:34 UTC

  CFK Malvinas presentation before C24 divides Argentine opposition

  

  President Cristina Fernandez has yet to fulfil her wish to have the whole Argentine opposition represented next to her when she addresses the UN Decolonization Committee claiming sovereignty over the disputed Falklands/Malvinas Islands next week.

• Thursday, June 7th 2012 - 05:28 UTC

  In anticipation of Rio+20, Brazil creates new nature reserves and closes major land-fill

  

  Brazil announced plans to protect an additional 10 000km² of land and pledged not to let economic woes stop it from implementing other measures to protect the environment.

• Wednesday, June 6th 2012 - 21:42 UTC

  Billionaire Soros tells EU leaders they have a “three month window” to save the Euro

  

  Billionaire investor George Soros has warned European leaders they have a “three-month window” to save the Euro and insisted that the EU leaders did not understand “the nature of the crisis”.

• Wednesday, June 6th 2012 - 21:25 UTC

  Trichet proposes “emergency powers” for EU key institutions to address crises

  

  Europe's key institutions should have emergency powers to override economic and financial policies at a national level in times of crisis, Jean-Claude Trichet, former head of the European Central Bank, said on Wednesday.

• Wednesday, June 6th 2012 - 21:20 UTC

  ECB warns EU leaders that monetary policy won’t fill other institutions “lack of action”

  

  European Central Bank (ECB) president Mario Draghi said on Tuesday that risks to the Euro zone economy have increased and warned of “heightened uncertainty weighing on confidence and sentiment”.

• Wednesday, June 6th 2012 - 04:41 UTC

  OAS calls on Argentina/UK to find peaceful way to solve Malvinas sovereignty dispute

  

  The Organization of American States general assembly, meeting in Tiquipaya, Bolivia, passed a resolution urging the Argentine and British governments to find a peaceful way to solve the Malvinas Islands sovereignty dispute.

• Wednesday, June 6th 2012 - 04:37 UTC

  Queen touched deeply by so many people celebrating together her Diamond Jubilee

  

  The Queen has called her Diamond Jubilee “a humbling experience”, saying she had been “touched deeply” by seeing so many people celebrating together. In a message to the British nation, she thanked all those who organised the events.