International

• Wednesday, February 1st 2012 - 06:44 UTC

  Argentina condemns the UK for its ‘bullying patriotism’ in the Malvinas dispute

  

  Argentina condemned the announcement of the arrival of state of the art HMS Dauntless, a British warship, to the Falklands/Malvinas Islands and urged the UK to “avoid falling in the temptation of engaging in discourse that transforms patriotism in bullying patriotism.”

• Wednesday, February 1st 2012 - 06:41 UTC

  Shanghai targets to become a global financial centre by 2015

  

  China’s bustling Shanghai is striving to become a global financial centre by establishing its leading position in the trading of Yuan-denominated financial products, according to a state plan, said authorities of Shanghai financial services on Tuesday.

• Tuesday, January 31st 2012 - 23:57 UTC

  Brazil/Arab world trade soared more than 28% in 2011, reaching 25.13bn dollars

  

  Brazil's trade with the Arab world soared more than 28% in 2011 to reach 25.13 billion dollars and is expected to grow a further 15%t this year, the Arab Brazilian Chamber of Commerce said on Tuesday.

• Tuesday, January 31st 2012 - 23:51 UTC

  China bars Brazil’s bulk carriers from its ports; clash over iron ore shipping rates

  

  China banned a giant new class of ship from its ports on Tuesday, a move that checks efforts by mining giant Vale SA to cut the cost of shipping iron ore to its largest market and risks raising trade tensions with Brazil.

• Tuesday, January 31st 2012 - 17:35 UTC

  Euro zone unemployment climbs to highest level since 1998

  

  Euro zone unemployment has risen to its highest level since before the Euro was introduced, according to data showed on Tuesday, a day after EU leaders promised to focus on creating millions of new jobs to try to kick start Europe's floundering economy.

• Tuesday, January 31st 2012 - 14:05 UTC

  London rejects bill initiative to ensure Falklands’ remain British

  

  The government has ruled out bringing in a UK law to ensure the Falkland Islands' right to remain British. Tory MP Guy Opperman said legislation would show support for the “unambiguous right to self-determination”.

• Tuesday, January 31st 2012 - 05:35 UTC

  Malvinas dispute a ‘bilateral issue’ which is not included in the EU agenda

  

  European Union ambassador in Buenos Aires Alfonso Diez Torres said that the Falklands/Malvinas issue does not figure in the foreign affairs agenda of the EU, it’s a bilateral issue and he does not see any reason to amend the Lisbon treaty to exclude the disputed South Atlantic Islands as demanded by Argentina.

• Tuesday, January 31st 2012 - 05:27 UTC

  EU agrees permanent rescue fund and 25 member back German budget discipline pact

  

  European leaders agreed on a permanent rescue fund for the Euro zone on Monday and 25 out of 27 EU states backed a German-inspired pact for stricter budget discipline, but they struggled to reconcile fiscal austerity with economic growth.

• Tuesday, January 31st 2012 - 05:13 UTC

  On line shopping giant Amazon accused of artificially inflating prices

  

  On line shopping giant Amazon has been accused of artificially inflating prices by banning firms that trade on its website from selling goods more cheaply elsewhere on the internet.

• Tuesday, January 31st 2012 - 05:09 UTC

  BAE yards threatened once Royal Navy carriers are delivered in 2018, warn unions

  

  Britain should bring forward orders for a new generation of navy frigates to help BAE Systems bridge a production hiatus that’s threatening its warship-making capabilities and 6.000 engineering jobs, the Unite union revealed.