International

• Friday, March 2nd 2012 - 05:55 UTC

  Brazil claims rich countries “tsunami” of cheap money triggers “currency war”

  

  Brazilian President Dilma Rousseff slammed rich nations on Thursday for unleashing a “tsunami” of cheap money that was “cannibalizing” poorer countries such as her own, forcing them to act to protect struggling local industries.

• Friday, March 2nd 2012 - 05:50 UTC

  Professional football players’ transfers reached 3 billion dollars in 2011 says FIFA

  

  FIFA Transfer Matching System GmbH has published on Thursday the first edition of the annual report Global Transfer Market 2011. This report provides a comprehensive insight into football transfers worldwide, on which over 3 billion dollars was spent last year in the professional male football market.

• Friday, March 2nd 2012 - 05:06 UTC

  Falklands distrust to Argentine proposal, but recall 1999 deal is ‘three sided’

  

  Falkland Islanders reacted with skepticism and further distrust to the latest announcements by Argentine president Cristina Fernandez regarding air links with Argentina, while Falklands’ elected lawmakers said the proposal was too ‘muddled’ and with errors for the local government to respond.

• Thursday, March 1st 2012 - 23:11 UTC

  Argentina and Spain agree to a working group to help resolve YPF ‘differences’

  

  Spain and Argentina formed a working group to resolve their “differences” over YPF, the Argentine oil company majority-owned by Madrid-based Repsol-YPF, Industry Minister Jose Manuel Soria said.

• Thursday, March 1st 2012 - 22:48 UTC

  UK expects Argentina to honour accords and refers any flights’ discussions to the Falklands’ government

  

  The UK expects Argentina to honour its commitments under the 1999 agreement allowing for flights to the Falkland Islands from Chile and insisted that any discussions on flights were a matter for the Falkland Islands government.

• Thursday, March 1st 2012 - 22:38 UTC

  Argentina wants to review 1999 accord with Aerolineas direct flights Buenos Aires/Falklands

  

  President Cristina Fernandez said Argentina will seek to re-negotiate the 1999 accord with the UK which allows for a weekly flight connecting the Falklands Islands and Chile, and replace it with three schedules a week but from Buenos Aires and in the country’s flag carrier, Aerolineas Argentinas.

• Thursday, March 1st 2012 - 04:48 UTC

  Argentina escalates trade brawl with UK: suggests EU-Unasur analyze Malvinas dispute

  

  The Argentine Foreign Ministry suggested in an official Wednesday release that “the EU and the Union of South American nations (UNASUR) analyze the Malvinas islands conflict and urge both countries (UK and Argentina) to negotiate”.

• Thursday, March 1st 2012 - 04:29 UTC

  Bernanke praises Euro-zone measures, but “critical fiscal and financial challenges remain”

  

  Testifying Wednesday before the US House Committee on Financial Services, Federal Reserve Chairman Ben Bernanke said that 'critical fiscal and financial challenges remain for the Euro zone.'

• Thursday, March 1st 2012 - 04:25 UTC

  UK became in 2011 a net exporter of lamb with excellent prospects for expansion

  

  UK has become a net exporter of lamb, according to new figures published by EBLEX and reported by Meat Trade News Daily. The figures show that in 2011 sheep meat exports from the UK saw an 11% increase on the year, totalling 98.500 tonnes product weight.

• Thursday, March 1st 2012 - 04:09 UTC

  European MP calls for end to Argentine aid until it stops threatening Falklands

  

  A several million pounds EU aid program to help Argentina should be halted until the country stops “threatening” Britain over the Falkland Islands, said member of the European parliament Nerj Deva.