International

Saturday, April 21st 2012 - 03:51 UTC
Brazil will continue to intervene in support of industry and depressing its currency

Brazilian Finance minister Guido Mantega said on Friday that IMF Managing Director Christine Lagarde makes a mistake in recommending emerging countries not to intervene in the money exchange markets to counter the strong devaluation of currencies from the rich countries.
Friday, April 20th 2012 - 21:51 UTC
Barcelona vs Real Madrid: a derby with 1.5bn dollars on the field

Saturday’s derby between Spain’s top teams Barcelona and Real Madrid is more than a soccer match, not only because it will most probably decide who is the next champ of La Liga but also because the field will see a display of 1.474 billion dollars in players.
Friday, April 20th 2012 - 21:45 UTC
Two English, two Spanish and one German in the billion dollars plus clubs league

The piles of cash handed out by Europe’s top tournaments continue to drive team values higher for the best teams on the pitch, according to the latest report from Forbes.
Friday, April 20th 2012 - 19:20 UTC
New FMD strain in Egypt; 100.000 cattle infected, no vaccine for SAT2

A new strain of Foot and Mouth Disease, known as SAT2, has broken out in Egypt and is threatening to spread to other areas of northern Africa and the Middle East.
Friday, April 20th 2012 - 04:44 UTC
US fully supports IMF in demanding Argentina submits its stats to IMF for review

The US government considers Argentine is obliged to submit its economic statistics to be validated by the IMF, and Washington will support all efforts from the multilateral organization so that the objective can be achieved.
Friday, April 20th 2012 - 00:24 UTC
Cristina Fernandez “not concerned” about international reaction to YPF takeover

The government of President Cristina Fernandez is “not concerned” about the escalade of international criticism following the announced nationalization of the oil company YPF, and rules “thinking in Argentina not in Spain or the US”, said two cabinet members.
Thursday, April 19th 2012 - 22:12 UTC
London mayoral candidate for the British National party is a Uruguayan national

The British National Party confounded expectations by fielding a Uruguayan national, Carlos Cortiglia, as its candidate for London mayor. Mr Cortiglia moved to the UK in 1989 and has lived and worked in London ever since.
Thursday, April 19th 2012 - 21:21 UTC
“President Rajoy, in Colombia we don’t expropriate, we welcome foreign investment”

Colombian president Juan Manuel Santos welcomed Spanish corporations and guaranteed his visiting Spanish peer Mariano Rajoy that in Colombia there will be no surprises because the country follows the rules of the game: “President Rajoy: here we don’t expropriate”.
Thursday, April 19th 2012 - 21:14 UTC
Gibraltar receives record number of cruise visitors during the first quarter

Gibraltar received a record number of cruise passengers in the first quarter of the year, according to the latest statistics released by the Gibraltar Government. The figures represent a slight increase over the same period in 2011, which itself marked a sharp rise over previous first-quarter cruise business.
Thursday, April 19th 2012 - 20:15 UTC
Spain claims US will actively side “to restore a good climate for investment” in Argentina

Spain will discuss a joint response with the United States to Argentina‘s forced nationalization of the YPF oil company, Spanish Foreign Minister Jose Manuel Garcia-Margallo said on Thursday.