International

• Wednesday, June 15th 2011 - 21:08 UTC

  Spain accuses Gibraltar before the C 24 of “colonialism by consent”

  

  Spain has told the United Nations Committee of 24 (C24) that despite the “impasse afflicting the Brussels process”, Madrid's goodwill allows regional co-operation with Gibraltar and UK to continue under the Tripartite Forum.

• Wednesday, June 15th 2011 - 19:45 UTC

  Gibraltar calls on opposition to forget about C24, ‘they will never de-colonize’

  

  The Gibraltar Government called this week on the Opposition “to abandon attendance at the Committee of 24 and support Chief Minister Peter Caruana at the United Nations in October.”

• Wednesday, June 15th 2011 - 19:36 UTC

  Major economies, except the US, loosing recovery momentum, says OECD report

  

  Major economies, with the exception of the United States, are losing momentum as the outlook for growth worsens in European and developing countries, the OECD's leading indicator for April showed on Wednesday.

• Wednesday, June 15th 2011 - 18:36 UTC

  Falklands’ sovereignty “is not negotiable. Period”, says British PM Cameron

  

  British Prime Minister, David Cameron, sent a clear message on Wednesday during a Parliamentary speech regarding Argentina’s claim over the Falkland/Malvinas Islands as the British leader stated that sovereignty “is not negotiable. Period!”

• Wednesday, June 15th 2011 - 14:41 UTC

  Aquaculture more efficient than livestock production, says WorldFish Centre

  

  WorldFish Centre and Conservation International (CI) have revealed a comprehensive analysis exploring the environmental impact of the world's major aquaculture production systems and species and gives an unprecedented global assessment of trends and impacts. The results from the two-year study show that aquaculture is more efficient than other forms of animal protein production such as livestock.

• Wednesday, June 15th 2011 - 02:38 UTC

  Argentina’s lessons from ‘dirty war’, apply today to Syria, said Ban Ki-moon

  

  United Nation Secretary General Ban Ki-moon has urged that the lessons learned from Argentina’s turn from dictatorship to democracy be applied widely, particularly in North Africa and the Middle East, and he called on Syria to allow humanitarian aid into areas affected by ongoing violence.

• Tuesday, June 14th 2011 - 22:20 UTC

  Facebook preparing for public offering; company value over 100 billion USD

  

  Facebook is preparing to file for an initial public offering as early as October or November that could value the popular social networking site at more than 100 billion US dollars, financial news channel CNBC reported this week.

• Tuesday, June 14th 2011 - 21:42 UTC

  Timberland sold for 1.8bn USD with a 43% premium for shareholders

  

  US clothing giant VF Corporation, parent of brands including The North Face, Wrangler jeans and Nautica, will buy Timberland for about 1.8 billion US dollars in cash, the companies announced Monday.

• Tuesday, June 14th 2011 - 20:47 UTC

  EU/Mercosur trade talks are frozen on the “edge of the cliff”

  

  Trade talks between Mercosur and the European Union have been frozen on the “edge of the cliff” because of the European debt crisis, differences over agriculture subsidies and other crucial issues according to sources in Brazil from both sides.

• Tuesday, June 14th 2011 - 15:09 UTC

  China hikes bank reserves to contain inflation; food costs up 11.7% in May

  

  China's central bank raised bank reserve ratios on Tuesday for the ninth time since October to try to curb inflation, which is running at its fastest pace in almost three years.