International

• Friday, December 16th 2011 - 06:23 UTC

  French PM from Brazil admits new “jolts” can be expected in the Euro zone

  

  French Prime Minister Francois Fillon said his country is likely to face new “jolts” from the Euro zone debt crisis amid rumors it could lose its triple-A credit rating.

• Thursday, December 15th 2011 - 20:59 UTC

  Astori anticipates investment grade and the white list for Uruguay in 2012

  

  Vice president Danilo Astori anticipated that in 2012 Uruguay will recover investment grade and said that including Uruguay in the OECD “grey list” was a “tremendous injustice” which did not take into account all the advances achieved in combating money laundering and narcotics trade.

• Thursday, December 15th 2011 - 17:52 UTC

  After nine bloody years US military officially end Iraq war

  

  The US military officially ended its war in Iraq, rolling up its flag at a low-key ceremony with Defence Secretary Leon Panetta nearly nine bloody years after the invasion that ousted Dictator Saddam Hussein.

• Thursday, December 15th 2011 - 00:50 UTC

  China imposes punitive duties on large cars exported from US

  

  China will impose punitive duties of up to 22% on large cars and SUVs exported from the United States, China's Commerce Ministry said on Wednesday, the latest in a series of trade disputes between the world's two largest economies.

• Thursday, December 15th 2011 - 00:45 UTC

  Hong Kong world’s most developed financial market; Brazil in Latam

  

  Hong Kong became the world’s most developed financial market, overtaking the US and the UK for the first time, according to the Financial Development Report 2011 published by the World Economic Forum (WEF) on Wednesday.

• Wednesday, December 14th 2011 - 18:05 UTC

  China questions safety of Brazil’s dry bulk carriers, the world’s largest

  

  China should be in no rush to allow Brazil’s new Valemax ships, the world's largest dry bulk carriers, into its ports, as they have not been thoroughly tested and any oil leak from one could be catastrophic, an influential Chinese industry group warned on Tuesday.

• Wednesday, December 14th 2011 - 17:26 UTC

  Korea invites China and Japan to help reduce illegal fishing in the Yellow Sea

  

  South Korea will try to reach an agreement with Japan and China to help reduce illegal fishing in its waters following the death of a South Korean Coast Guard this week during a fight with Chinese fishermen who were caught red-handed operating in the Yellow Sea.

• Wednesday, December 14th 2011 - 17:15 UTC

  “The Protester” named Time magazine’s Person of the Year

  

  From the Arab Spring to the Occupy Wall Street movement, “The Protester” was named Time magazine's 2011 Person of the Year. Time defines the Person of the Year as someone who, for better or for worse, influences the events of the year.

• Wednesday, December 14th 2011 - 17:04 UTC

  October marks UK highest unemployment level in 17 years

  

  The number of Britons out of work rose to its highest level in more than 17 years in October, and these jobless figures look set to rise further as firms facing the threat of a renewed recession cut back on staff.

• Wednesday, December 14th 2011 - 16:48 UTC

  OPEC agrees 30m bpd supply target; Saudis want oil below 100 dollars per barrel

  

  OPEC oil producers on Wednesday sealed their first new production limit in three years in a deal that settles a 6-month-old argument over output levels firmly in Saudi Arabia's favour.