International

Tuesday, November 6th 2012 - 20:56 UTC
NZ scientists in world first discovery of the elusive spade-toothed beaked whale

New Zealand scientists have made a world first discovery when they identified two skeletons belonging to the spade-toothed beaked whale, which is so rare that nobody has seen one alive. A 17-foot whale mother and her calf beached themselves in New Zealand in 2010 and were buried misidentified for a much more common type of whale that occasionally strands on NZ beaches.
Tuesday, November 6th 2012 - 20:04 UTC
Argentina reiterates it will use all legal means to defend position against US court ruling

Argentina will use all legal means to defend its position against a US court ruling that would force the country to repay creditors who sued to collect on defaulted Argentine bonds, Economy Minister Hernan Lorenzino reiterated in Mexico.
Tuesday, November 6th 2012 - 06:56 UTC
G20 adopts soft approach on deficits fearing risks of worsening the slowdown

The world's leading economies gave themselves a bit more space on Monday to meet targets for cutting budget deficits rather than risk worsening a slowdown in many countries, chief among them the United States.
Tuesday, November 6th 2012 - 06:33 UTC
Argentina to appeal Ghana court decision to move ‘Libertad’ from commercial port

A Ghanaian court authorized on Monday to have Argentina’s ARA Libertad navy training frigate, impounded over a lawsuit filed by a US based fund, removed from Tema’s commercial port to another local pier in order to liberate space that’s crucial for the in and out of cargo liners.
Tuesday, November 6th 2012 - 06:25 UTC
Spain breaks another unemployment record in October; 52% for the under 25

The number of job seekers in Spain soared to the highest level in at least 16 years in October, the Labour Ministry reported on Monday. As recession deepens the number of officially unemployed jumped by 128,242 people in October which means about 4.83m people were jobless at the end of last month, an increase of 2.7% on September.
Tuesday, November 6th 2012 - 06:20 UTC
US group prepares to take over debt-laden Spanish chain NH Hotels

Spain's NH Hoteles has received a preliminary offer from US private equity firm KKR to buy bonds that can be converted into shares of the debt-laden hotel chain. NH Hoteles, Europe's third largest business hotel operator based on rooms, has long been tipped as a private equity target given its large debt and that of its savings bank shareholders, which together own nearly a third of the firm.
Tuesday, November 6th 2012 - 06:17 UTC
China PM family’s alleged fortune triggers debate on “sunshine law” for Beijing leaders

China’s communist party leadership has launched a probe into the alleged family wealth of Wen Jiabao at the premier's request, according to sources. In a letter submitted to the Politburo Standing Committee, the party's top decision-making body of which the premier is also a member, Wen asked for a formal inquiry into claims made by The New York Times.
Tuesday, November 6th 2012 - 00:40 UTC
Landmark case in Australia rules against S&P for “misleading and deceptive” products

Standard & Poor's lost a landmark case in Australia over top-flight ratings given to financial products that collapsed in the build-up to the 2008 global economic crisis. The Federal Court of Australia on Monday ruled that S&P AAA rating of constant proportion debt obligation notes created by banking giant ABN AMRO and sold to the councils of 13 Australian towns had been “misleading and deceptive”.
Monday, November 5th 2012 - 19:38 UTC
Son of Falklands’ war hero will take command of British troops in Afghanistan

The son of Falkland Islands war hero Colonel ‘H’ Jones is to take command of Britain’s 9.000 troops in Afghanistan, reports the Daily Mail. Brigadier Rupert Jones was 13 when his father died during a one-man charge on an Argentine trench in the Battle of Goose Green in 1982, for which he was posthumously awarded the Victoria Cross.
Monday, November 5th 2012 - 13:45 UTC
G20 puts the US ‘fiscal cliff’ as the biggest short term threat to global growth

The leading world economies pressed the United States on Sunday to act decisively to avert a rush of spending cuts and tax hikes, warning that the so-called ‘fiscal cliff’ is the biggest short-term threat to global growth.