International

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.
Monday, October 15th 2012 - 18:42 UTC
China’s inflation eases as growth slows; plans to further boost domestic demand

China's policymakers have been given more room to boost stimulus measures after the country's inflation rate dipped in September. Consumer prices rose 1.9% from a year earlier which is down from a rate of 2% in August.
Monday, October 15th 2012 - 18:39 UTC
US dominates Nobel in Economics, this time for “market design” with ethical and legal complications

Alvin Roth and Lloyd Shapley have won the 2012 Nobel Prize in economics. The Royal Swedish Academy of Sciences cited the US academics for their work on the “theory of stable allocations and practice of market design”.
Monday, October 15th 2012 - 18:32 UTC
Scotland to hold an independence referendum before the end of 2014

A referendum on Scottish independence will take place before the end of 2014 following an agreement signed on Monday by UK Prime Minister David Cameron and Scottish leader Alex Salmond.
Monday, October 15th 2012 - 07:39 UTC
Gibraltar condemns Spanish policy of deliberate delays at the border crossing

The Gibraltar Government strongly condemned the lengthy and deliberate delays to cross the frontier into Spain which have been experienced by Gibraltarians and visitors to Gibraltar. Chief Minister Fabian Picardo, currently in London has already been in touch with the UK Government and urged them to take up the matter with Spain at the highest level
Monday, October 15th 2012 - 07:06 UTC
Chilean student demonstrations leaders honoured with human rights prize in US

Two student leaders who have been at the head of the 18 months long demonstrations in Chile demanding an overhaul of the education system will be honoured this week with the 2012 Letelier-Moffit Human Rights Prize in representation of the Chilean Students Federation.