International

Tuesday, December 6th 2011 - 13:42 UTC
IOC shelves an investigation into former FIFA head Joao Havelange

The International Olympic Committee has shelved an investigation into former FIFA head Joao Havelange after he resigned as an IOC member just days before an ethics hearing into his conduct, IOC President Jacques Rogge told reporters.
Monday, December 5th 2011 - 21:57 UTC
The most expensive car crash reported in the south of Japan

A luxury sports car outing in Japan has ended in what may be one of the most expensive car crashes in history. Eight Ferraris, three Mercedes-Benzes, a Lamborghini and two other vehicles were involved in the pile-up in the southern prefecture of Yamaguchi.
Monday, December 5th 2011 - 20:32 UTC
Spanish government ‘concerned’ with Argentine harassment of fishing vessels in Falklands’ waters

The Spanish government has expressed ‘concern’ about claims from the Vigo-based fleet operating in the south-west Atlantic which has come under continuous harassment from Argentine naval patrols claiming they are fishing ‘illegally’ in ‘Argentine waters’ in spite of having licences awarded by the Falkland Islands government.
Monday, December 5th 2011 - 20:24 UTC
“Mercozy” Euro ‘fiscal control’ plan to be announced Wednesday

French President Nicolas Sarkozy and German Chancellor Angela Merkel met in Paris on Monday to align their positions on centralizing control of Euro zone budgets to stem a debt crisis that threatens Europe's currency union.
Monday, December 5th 2011 - 06:51 UTC
Top Republican claims Obama is losing the Brazil battle to China

The US top Republican on the Senate Foreign Relations Committee said President Barack Obama is missing opportunities to strike closer ties with Brazil, allowing China to steal market share from US companies in Latin America’s biggest economy.
Monday, December 5th 2011 - 06:44 UTC
Crucial week for Euro stability takes off in Paris with Sarkozy-Merkel meeting

French President Nicolas Sarkozy and German Chancellor Angela Merkel meet on Monday in Paris the kick off for a round of talks involving European leaders, the European Central Bank (ECB) and US Treasury Secretary Timothy Geithner, culminating in Brussels on Friday with an EU summit.
Monday, December 5th 2011 - 06:42 UTC
Havelange, 95, again beats his detractors: he resigns from IOC and end ethics inquiry

Former FIFA president Joao Havelange resigned from the International Olympic Committee on Sunday, just days before he was to face an ethics inquiry it was reported by the Sao Paulo press.
Monday, December 5th 2011 - 05:22 UTC
Brazil and BRIC beat forecast of the man who coined the term

Ten years ago this week, Jim O’Neill, chairman of Goldman Sachs Asset Management, coined the term BRIC, elevating the profile of four countries, Brazil, Russia, India and China, that he thought were poised to become “growth economies.”
Monday, December 5th 2011 - 04:11 UTC
Rajoy will outline his austerity plan before EU Conservative summit

Incoming Conservative Prime Minister Mariano Rajoy called on all Spaniards to work together to overcome the debt crisis and promised a new economic policy to deal with unemployment that is more than double the European Union average.
Monday, December 5th 2011 - 04:06 UTC
Gibraltar’s Caruana confident of new Spanish government commitment to “trilateral dialogue”

The leader of the ruling GSD in Gibraltar, Peter Caruana said he was confident Spain’s Partido Popular would remain committed to trilateral dialogue, even if not necessarily to the Trilateral Forum (Gib, UK and Spain) itself in its present form.