“Visit Britain”, the UK's tourism authority, has pulled a video promoting Britain with the tag line You're Invited from adverts running alongside BBC iPlayer programs overseas, reports The Guardian.
Asian markets rebounded after the US Federal Reserve said it will keep interest rates on hold and Wall Street had its best day in two years. The decision by the US central bank to keep rates at current levels until at least 2013 helped stem one of the biggest sell-offs in recent years.
China’s trade surplus surged to 31.5 billion dollars in July, the highest level in more than two years, as exports rose to a record. Exports climbed 20.4% from a year earlier while imports surged 22.9%, the Customs bureau said on its website Wednesday.
Hundreds of people were arrested as the worst rioting in a generation spread from London to cities across the length and breadth of England.
Inflation in China was higher than expected in July, despite a series of efforts by the government to rein in prices. Consumer prices in July rose 6.5% compared with the same month last year, the National Bureau of Statistics said.
In an interview with the Buenos Aires Herald, Argentine Defence Minister Arturo Puricelli demands that Falklands’ sovereignty talks must be started before any other issues can be discussed.
“I have no doubts we are before the most significant financial crisis capitalism has faced in contemporary history”, said Uruguay’s Vice-president Danilo Astori when asked about the possible consequences for the region if the lack of confidence in the US dollar and Euro extends.
Asian equity markets were sharply down early Tuesday as investors fearing a possible global economic slowdown continued to flee stocks as had happened earlier in Europe, United States and Latin America.
Visiting Canadian Primer Minister Stephen Harper and Brazilian President Dilma Rousseff signed on Monday several agreements on air travel, pension benefits, international aid and other areas at the Planalto Executive palace in Brasilia.
Horatio Chapple, 17, an aspiring UK medical student, who was killed last week when a polar bear rampaged into the tent in which he and his friends were sleeping on a glacier in Svalbard, Norway, is Gibraltar’s former Governor Sir John Chapple’s grandson.