International

Thursday, August 2nd 2012 - 07:04 UTC
Massive capital outflow in Spain: €163 billion left in five months

Capital outflows from Spain more than quadrupled in May to €41.3 billion compared with May 2011, according to figures released on Tuesday by the Spanish central bank. In the first five months of 2012, a total of €163 billion left the country, the figures indicate. During the same period a year earlier, Spain recorded a net inflow of €14.6 billion.
Thursday, August 2nd 2012 - 06:40 UTC
Swedish authorities turn down offer to question Assange in Ecuadorian embassy

Ecuador wants to prevent Julian Assange's extradition to Sweden because it is disappointed that the Scandinavian country has turned down an offer to question the WikiLeaks founder in the Ecuadorean Embassy in London, a minister said on Wednesday.
Thursday, August 2nd 2012 - 06:34 UTC
India’s two power outage incidents in two days punished almost a billion people

New Delhi’s Metro shut down and hundreds of coal miners were trapped underground after three Indian electric grids collapsed in a cascade on Tuesday cutting power to 620 million people in the world’s biggest blackout.
Thursday, August 2nd 2012 - 06:15 UTC
Argentina presents official protest to UK over Malvinas cemetery vandalism

The Argentine foreign ministry confirmed in a release that it had delivered an official protest to the United Kingdom repudiating “the profanation of the monument” in Darwin, Falkland Islands, to the memory of the Argentine combatants killed during the 1982 Malvinas war.
Wednesday, August 1st 2012 - 22:33 UTC
Research shows Antarctica at one time had mild weather and palms and conifers

Scientists drilling deep into the edge of modern Antarctica have pulled up proof that palm trees once grew there. Analyses of pollen and spores and the remains of tiny creatures have given a climatic picture of the early Eocene period, about 53 million years ago.
Wednesday, August 1st 2012 - 22:19 UTC
Namibia will supply cement for St Helena 300m dollars airport in South Atlantic

Namibian cement company Ohorongo cement has secured a three-year contract with construction firm Basil Read for the supply of cement for the building of a new airport on the British overseas territory of St Helena in the South Atlantic Ocean, over 1900km from the Namibian coast.
Wednesday, August 1st 2012 - 19:34 UTC
S&P downgrades Argentine main provinces credit ratings

The rating agency Standard & Poor’s said on Monday that local governments in Argentina are experiencing slower economic growth, high inflation, and difficulties financing their 2012 budget deficits.
Monday, July 30th 2012 - 23:35 UTC
HSBC puts aside 2 billion dollars to cover possible money-laundering fines

HSBC has put aside 2 billion dollars to cover potential mis-selling claims and money-laundering fines as it announces a sharp rise in first-half profits.
Monday, July 30th 2012 - 23:28 UTC
As world food-prices soar World Bank says it is ready to help countries

The World Bank on Monday said it stood ready to help governments respond to a broad-based run-up in grain prices that has again put the world’s poorest people at risk and could have lingering detrimental impacts for years.
Monday, July 30th 2012 - 10:02 UTC
Russian tycoon super-yacht, valued in 300 million dollars visit Gibraltar

Super-yacht “A” recently paid a visit to Gibraltar joining a list of many famous yachts to call at the Rock. She is owned by Andrey Igorevich Melnichenko, a 40 year old Russian businessman and billionaire who was born in Belarus.