International

• Friday, November 4th 2011 - 00:14 UTC

  If Greece leaves the Euro, it must also quit the EU, warns Brussels

  

  If Greece decided to leave the Euro, it would also have to quit the European Union, according to the terms of the EU treaties, the European Commission said on Thursday.

• Thursday, November 3rd 2011 - 23:51 UTC

  Obama tells Sarkozy: “we all need to learn lessons from CFK re-election”

  

  President Barack Obama recommended his French counterpart, Nicolas Sarkozy to follow the example set by Argentine President Cristina Fernández, who was re-elected in a landslide win just ten days ago.

• Thursday, November 3rd 2011 - 14:57 UTC

  Argentine president calls for an end to anarchy and a return to “real capitalism”

  

  During Thursday’s meetings of the Group of 20 in Cannes, Argentine President Cristina Fernández for G20 leaders to put a stop to the current “anarchistic economic capitalism” and regulate the markets, not the countries, to go back to what she referred to as “real capitalism” after three years of world economic crisis.

• Thursday, November 3rd 2011 - 14:47 UTC

  ECB under new president Draghi lowers interest rate 25 points to 1.25%

  

  The European Central Bank cut its main interest rate by 25 basis points to 1.25% as the Euro zone's worsening debt crisis outweighed the concern over persistently high inflation.

• Thursday, November 3rd 2011 - 08:17 UTC

  BRICS ‘leaders scheduled to decide on common stance before the G20 summit'

  

  Brazilian president Dilma Rousseff said that solutions to European and global economic difficulties need to promote economic growth and employment. Ms Rousseff arrived Wednesday in France for the summit of G-20 leaders this week, but before will be meeting with peers from the BRICS group to work out a common stance.

• Thursday, November 3rd 2011 - 08:09 UTC

  Greek surprise freezes China’s commitment to the Euro plan

  

  China has said it cannot commit to investing in the European Financial Stability Fund (EFSF) until the situation with Greece has been clarified. European leaders hoped that China would buy EFSF bonds, injecting capital in the region's financial markets.

• Thursday, November 3rd 2011 - 07:49 UTC

  Obama recovers position as the most powerful person in the world, says Forbes

  

  US President Barack Obama has regained the top spot in Forbes magazine's list of the world's most powerful people, edging out Russian Prime Minister Vladimir Putin and last year's winner, Chinese President Hu Jintao, who slipped down to third.

• Thursday, November 3rd 2011 - 07:45 UTC

  Sarkozy tells the Greeks: shape up or ship out from the Euro zone

  

  Greece will receive no more European bailout aid until it has put an end to uncertainty and agreed to meet its commitments to the Euro zone, the leaders of France and Germany said on Wednesday.

• Thursday, November 3rd 2011 - 01:35 UTC

  UN publishes blueprint for ocean and coastal sustainability

  

  Four United Nations organizations presented a project to preserve oceans and coastal areas threatened with environmental degradation. The document, released during the XXXVI UNESCO General Conference, warns of the danger faced by large aquifers, which play the role of climate regulators and are food sources and support for the economy of millions of people.

• Wednesday, November 2nd 2011 - 20:38 UTC

  UK court rules WikiLeaks’ founder should be extradited to Sweden

  

  WikiLeaks' founder Julian Assange should be sent to Sweden from Britain to face questioning over alleged sex crimes, London's High Court ruled Wednesday, rejecting his appeal against extradition.