International

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.
Friday, December 2nd 2011 - 22:42 UTC
Sarkozy prepares the stage for next week’s announcement of a new EU treaty

Prime Minister David Cameron held emergency talks with French President Nicolas Sarkozy on Friday, as France and Germany tried to drum up support for a new EU treaty to enforce budget discipline.
Friday, December 2nd 2011 - 22:12 UTC
Merkel warns Europeans face long, hard ‘marathon’ to restore lost credibility

German Chancellor Angela Merkel called for rapid EU treaty change to remedy the root causes of the Euro zone's debt crisis but warned that Europeans faced a long, hard “marathon” to restore lost credibility.
Friday, December 2nd 2011 - 19:41 UTC
Brazil ready to support IMF but demands greater power for BRICS countries

Brazil conditioned the disbursement of more funds for the IMF to help countries in crisis to a greater say in the multilateral organization and the advance of European initiatives to solve the current Euro and debt crisis.
Friday, December 2nd 2011 - 15:38 UTC
Spanish regions pledge to control spending; unemployment reaches 21.52%

Leaders of Spain’s indebted autonomous regions pledged on Thursday to control spending after meeting incoming Prime Minister Mariano Rajoy to discuss their troubled accounts, which are at the heart of the country’s economic crisis.
Friday, December 2nd 2011 - 15:34 UTC
Falklands 2012, “a moment of genuine celebration in all Overseas Territories”

British Prime Minister David Cameron reiterated before Parliament his support for the Overseas Territories, including the Falkland Islands, and their right to remain British. Cameron made special mention to the fact that next year in the anniversary of the liberation of the Falklands “which will be a moment for genuine celebration in all Overseas Territories”
Friday, December 2nd 2011 - 05:24 UTC
France denies Uruguay is a “fiscal haven”; underlines strong bilateral links

“Uruguay does not figure in the list of countries with which France has financial difficulties”, said a special envoy from President Nicholas Sarkozy who visited Montevideo this week, thus ending the controversy triggered at the end of the early November G8 Cannes summit when Uruguay was described as a “fiscal haven”.
Friday, December 2nd 2011 - 00:00 UTC
UK reaffirms to next Spanish government full support for Gibraltar sovereignty

Just a few days after the Conservative Popular Party swept into power in Spain, the British Government has underscored its long-standing assurance that it will not talk about Gibraltar’s sovereignty against the wishes of its people.
Thursday, December 1st 2011 - 16:24 UTC
Nelson’s flagship HMS Victory to be returned to her former glory

HMS Victory, the world’s oldest commissioned warship, is to be returned to her former glory thanks to a 10-year restoration program, the Ministry of Defence announced Thursday. It will be the most extensive restoration of the 246 year old warship since she was repaired after the Battle of Trafalgar in 1805 as Lord Nelson’s flagship.
Thursday, December 1st 2011 - 06:02 UTC
Brazil has the highest real interest rate among 40 leading economies

The Brazilian Central bank latest decision to lower the basic interest rate by half a percentage point to 11%, confirms Brazil leadership as the country with the highest real interest rates in the world. An honour it has held interruptedly for the last 23 months.