International

Wednesday, May 9th 2012 - 21:09 UTC
Spanish government has abandoned the Trilateral Forum, claims Gibraltar

The Gibraltar Government issued a statement on Tuesday saying it took note of comments made by Foreign Minister Jose Manuel Garcia-Margallo indicating the Spanish government is abandoning the Trilateral Forum which involved three-side talks: Spain, UK and Gibraltar.
Wednesday, May 9th 2012 - 18:32 UTC
The Queen addresses Parliament setting out government policy

Queen Elizabeth II gave her “Queen's Speech” to Britain's parliament Wednesday, setting out government policy for the coming year as the ruling coalition sought to fight back after a dismal month.
Wednesday, May 9th 2012 - 18:18 UTC
Spain to unveil on Friday plan to clean up exposed banks to the property crash

Spanish shares have fallen and the interest rate on the country's benchmark 10-year bond has risen amid fresh worries over the banking sector. The Ibex market fell by 3% and bond yields rose above 6%, a level seen as unsustainable.
Wednesday, May 9th 2012 - 17:59 UTC
Goldman Sachs raises price target for Falklands’ Rockhopper Exploration

Goldman Sachs raised its price target on several exploration and production companies, including Falklands’ Rockhopper Exploration, and said there were opportunities for deals in some assets in the sector.
Wednesday, May 9th 2012 - 17:51 UTC
Argentina says UK/Latam relations could falter if Falklands issue remains unsolved

British relations in South America could falter if the UK Government refuses to hold talks on the Falkland Islands sovereignty with Argentina, the country’s ambassador to London said this week.
Tuesday, May 8th 2012 - 22:37 UTC
China buying oil from Iran using the Yuan, reveals Teheran ambassador in UAE

China is buying crude oil from Iran using its currency the Yuan, an Iranian diplomat has said. Oil transactions are usually settled in dollars but US sanctions make it difficult for Iran to accept payments in the US currency.
Tuesday, May 8th 2012 - 22:35 UTC
Costa Concordia French survivors reach settlement with the cruise company

The owner of the Costa Concordia cruise liner that ran aground off northwest Italy in January has paid more than two million Euros to French survivors in a settlement, their lawyer said Tuesday.
Tuesday, May 8th 2012 - 22:29 UTC
Costa cruise announces 7 new safety measures including mandatory safety drills

Costa Cruises announced the introduction of seven new safety measures over the weekend during a ceremony celebrating the delivery of the company's new 665 million dollars flagship.
Tuesday, May 8th 2012 - 17:46 UTC
Argentine Olympic Committee releases watered down statement on Malvinas spot

The Argentine Olympic Committee has responded for the first time to an advertisement on state-run TV that links a dispute with Britain about the Falklands/Malvinas Islands to the London Games.
Tuesday, May 8th 2012 - 17:17 UTC
Brazil’s Rousseff sees in Hollande an ally to counter Merkel’s austerity policies

Dilma Rousseff is interested in having French elected-president Francois Holland make an official visit to Brasilia to talk about the current world situation since the Brazilian leader believes they both share positions regarding the global crisis and austerity policies.