
Gibraltar and Spain are edging closer to a fishing activities agreement and a further round of technical talks between the Gibraltar Government’s fishing commission and Spanish fishermen has been agreed for next week.

As expected, more than two-thirds of the lawmakers in Germany's parliament moved on Friday to approve the permanent Euro rescue fund, the European Stability Mechanism, and a fiscal pact long championed by Chancellor Angela Merkel.

Brazil could soon run out of soybeans to export this year after farmers’ frontloaded their shipments more than normal to cash in on high international prices and a favourable exchange rate.

Wikileaks founder Julian Assange is ignoring a London Metropolitan Police order to surrender himself at a police station, his representative has said. Susan Benn said he was advised to decline to comply and will remain inside the Ecuadorian embassy while his application for asylum is processed.

China will make part of the booming Shenzhen economic zone, a test ground for freer Yuan usage and capital account convertibility, the National Development and Reform Commission said on Friday.

Argentine seized YPF energy company informed on Friday that its American Depositary Shares (ADS) were listed back in to trade in New York after being de-listed for almost two months for not complying with auditory regulations.

China and Chile upgraded their bilateral ties to a strategic partnership and expect to double trade in three years once the bilateral free trade area agreement is completed with investment related supplementary accords.

China has offered to set up a 10 billion dollars credit line for Latin American countries to support infrastructure projects in the region. The proposal was made by China's Premier Wen Jiabao as he wrapped up his visit to the region with a conference at the UN Economic Commission for Latin America and Caribbean, ECLAC, main offices in Santiago de Chile.

Britain’s declining oil and gas industry may be a minnow on the world stage, 20th largest oil producer and 15th largest gas producer in 2010, but it is still remarkably important for jobs and the UK economy, reports Citywire.

Britain reiterated its determination to continue to defend the Falkland Islands and other Overseas Territories on Thursday, an official document known as the White Paper said. The document on the Overseas Territories declares there would be no weakening in Britain's resolve.