International

Wednesday, August 8th 2012 - 19:41 UTC
In carefully worded statement British bank rejects money laundering claims by US regulator

As British bank denies accusations it hid 250 billion dollars in transactions with Iranian banks, its share price falls sharply. Standard Chartered has rejected a US regulator's claim that it hid 250 billion dollars in transactions with Iranian banks in violation of US sanctions.
Wednesday, August 8th 2012 - 18:46 UTC
Organized pickets in Andalusia raid supermarkets for food to distribute among the needy

Pickets of unemployed and union members in the south of Spain took over supermarkets and took food produce which they then delivered to social organizations and needy families to protest and warn of the consequences of the tough measures implemented by the government.
Wednesday, August 8th 2012 - 18:28 UTC
Continental animal virus reached UK and spreads throughout the country

The Schmallenberg virus reached the UK this summer and could spread throughout the country, scientists say. Staff from the Royal Veterinary College (RVC) and Institute for Animal Health (IAH) found the virus in animals on the RVC farm in Hertfordshire in June.
Wednesday, August 8th 2012 - 00:58 UTC
South Georgia ‘77 “Operation Journeyman”, a drill for the recovery of the Falklands in 1982

The July edition of the South Georgia Newsletter recalls a major British military and political event in the South Atlantic has been largely overlooked by the region’s history books. A Royal Navy task force, codenamed Operation Journeyman, was deployed to the waters around South Georgia and the Falklands in 1977 following the occupation of Southern Thule in the South Sandwich Islands by 50 Argentine “scientists”.
Tuesday, August 7th 2012 - 17:26 UTC
Rice supply outstrips demand despite lower 2012 production according to FAO

The United Nations’ food agency cut its 2012 global rice production forecast but said supply would still outstrip demand and that there was no increased risk of a food crisis as long as countries do not resort to export bans.
Tuesday, August 7th 2012 - 17:19 UTC
Spain says the Gibraltar dispute is back on the ‘Brussels process” bilateral track

Spain’s new Ambassador to the United Kingdom, Federico Trillo-Figueroa, has claimed that his Foreign Minister, Jose Garcia Margallo, has managed to revive bilateral dialogue with UK over Gibraltar within the Brussels context.
Tuesday, August 7th 2012 - 15:19 UTC
Professional fishermen to catch sharks that are attacking surfers in Reunion Islands

France will hire professional fishermen to kill some 20 sharks off the Indian Ocean island of Reunion this week in an effort to understand the reasons for a series of attacks in the surfing hotspot.
Tuesday, August 7th 2012 - 08:41 UTC
Food inflation in Latin America reached 8.9% in June, the highest in 2012

Food inflation in Latin America and the Caribbean reached 8.9% in June compared to the same month in 2011, which means the highest so far this year, according to a report from the UN Food and Agriculture Organization, FAO.
Tuesday, August 7th 2012 - 08:25 UTC
Seeds market clash: Monsanto wins one billion dollars lawsuit to DuPont

Monsanto, the world's largest seed company won a one billion dollars victory over its arch rival in a lawsuit concerning patents in the agricultural seed market. The victory, concerning genetically modified seeds that allow crops to tolerate weed killer, should have little immediate impact in that lucrative marketplace.
Tuesday, August 7th 2012 - 08:19 UTC
US regulator claims Standard Chartered bank laundered 250bn dollars for Iran

Standard Chartered bank illegally “schemed” with Iran to launder as much as 250bn dollars for nearly a decade, a US regulator says. The New York State Department of Financial Services said that the bank hid 60.000 secret transactions for “Iranian financial institutions” that were subject to US economic sanctions.