International

• Monday, June 11th 2012 - 05:34 UTC

  Major Indian steel company readies plans to scrap huge mining project in Bolivia

  

  India's Jindal Steel & Power said on Saturday it was making plans to scrap a 2.1 billion dollars steel project in Bolivia, saying the Bolivian government had not met contract terms that include supply of natural gas for the project.

• Monday, June 11th 2012 - 05:28 UTC

  Hollande set to consolidate power with a working majority in the Lower House

  

  Socialist President François Hollande looked set to consolidate his grip on power with a left-wing majority in parliament after a first-round vote on Sunday, and may be able to govern without relying on hard leftists hostile to closer European integration

• Monday, June 11th 2012 - 04:52 UTC

  Spain separates fishing dispute with Gibraltar from any sovereignty discussions

  

  Spanish Foreign Minister José Manuel García-Margallo said over the weekend that the solution to the fishing dispute was separate to any discussion on the sovereignty of Gibraltar or its waters.

• Monday, June 11th 2012 - 03:52 UTC

  Positive reactions to Spanish bail out, but next Sunday Greece puts the Euro to test

  

  The future of the Euro may be determined in the coming weeks, as Greek voters decide whether to honour the country’s international bailout and create a first test for Spain’s newly built 100 billion-Euro banking firewall.

• Monday, June 11th 2012 - 03:28 UTC

  Argentina claims Falklands and slams UK for ‘illegal exploitation of natural resources’

  

  Ahead of a week of intense diplomatic exchanges and on the Day of the Affirmation of the Argentine Rights Over the Malvinas, Islands and Antarctic Sector, the Argentine Government once again ratified its claim over the Islands’ sovereignty and questioned the UK over the “illegal exploitation of their natural resources” and the “increased militarization of the South Atlantic region.”

• Saturday, June 9th 2012 - 05:08 UTC

  Spain expected this weekend to ask help from the Euro zone to bail out its banks

  

  Spain is expected to ask the Euro zone for help with recapitalising its banks this weekend, sources in Brussels and Berlin said on Friday, becoming the fourth country to seek assistance since Europe's debt crisis began.

• Saturday, June 9th 2012 - 03:31 UTC

  Hollande could manage a narrow manageable majority in Sunday’s election

  

  The latest opinion polls released ahead of France's parliamentary election on Sunday suggest President Francois Hollande will win a narrow but workable majority that depends on Green allies and hard leftists.

• Saturday, June 9th 2012 - 02:41 UTC

  FAO food price index fell by 4% in May on prospects of good cereal production

  

  United Nation’s Food and Agriculture Organization (FAO) said global food prices dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar.

• Saturday, June 9th 2012 - 00:37 UTC

  Argentina rapidly becoming too expensive for foreign tourists

  

  Argentina is rapidly becoming an expensive country for tourists and evidence of this is the declining number of tourists arriving in the country in the first months of the year while the number of Argentine travelling overseas is soaring, according to Mario Lielman, chair of the Buenos Aires Tourism and Travel Agencies Association.

• Friday, June 8th 2012 - 23:18 UTC

  Environmentalists propose a whales’ sanctuary ring along the American continent

  

  Environment organizations meeting in Panama will demand the creation of a whales’ sanctuary in the south Atlantic and south Pacific, at the coming meeting of the International Whaling Commission.