
Argentine Defence minister Arturo Puricelli described UK’s announcement to send state of the art and latest incorporation to the Royal Navy HMS Dauntless, and according to the London press a nuclear powered submersible, to the disputed Falklands/Malvinas Islands as “an unnecessary ostentation of fire power”

Plans have been put in place to start removing the wreck of the Costa Concordia after it run aground with 4.200 people on board last month. Costa Cruises confirmed that it has called for tenders from 10 specialist companies for the removal of the crippled vessel.

The Moldovan blonde spotted with the captain of the shipwrecked Costa Concordia, Francesco Schettino, on the night of the disaster, has told Italian investigators she is in love with him.

British Prime Minister David Cameron and US President Barack Obama will meet in Washington next month, three weeks before the 30 anniversary of the beginning of the Falklands conflict.

International Monetary Fund should proceed with talks on increasing the size of its war-chest at the same time as Europe discusses how to build a firewall to contain its debt crisis, a senior official from the fund said on Friday.

Spain has formally asked Britain to reopen talks over the sovereignty of Gibraltar. The petition was made by Spanish Foreign Minister José Manuel Garcia-Margallo shortly after UK Europe Minister David Lidington told an audience in Madrid that Britain would not discuss sovereignty against Gibraltar’s wishes.

China's Premier Wen Jiabao said on Friday the Asian giant had neither the ability nor the intention to buy Europe, amid concerns over growing Chinese investment in debt-stricken Euro zone economies.

The downturn in cruise bookings by North American and European customers noted earlier this week by industry giant Carnival Corp. is taking place at rival Royal Caribbean Cruises, too, but overall the industry is optimistic.

Royal Dutch Shell has said it will launch a major investment drive in an effort to boost falling production. The oil giant said it would spend 30bn dollars on new oil and gas projects this year, compared with 24bn in 2011.

Chris Huhne has quit as UK energy secretary after learning he was to be charged with perverting the course of justice over a 2003 speeding case. His ex-wife Vicky Pryce will face the same charge in relation to claims she accepted his penalty points.