International

• Tuesday, August 23rd 2011 - 04:02 UTC

  UK buys 14 new Chinooks taking the total force of heavy lift helicopters to 60

  

  The Royal Air Force is getting 14 new Chinook, one of the most versatile heavy duty helicopters that have seen service for many years in the most demanding environments from the Falklands to Iraq and Afghanistan.

• Monday, August 22nd 2011 - 07:49 UTC

  Argentina and Chile jointly promoting tourism to attract more Aussies

  

  Argentina and Chile are jointly promoting their countries in a round of events in Australia with the purpose of drawing more Aussie tourists. The promotion coincides with the recent announcement of Australia’s flag carrier Qantas direct flights to Santiago de Chile.

• Monday, August 22nd 2011 - 06:51 UTC

  Tripoli crowds cheer Libyan rebels as they take the city; pockets of resistance

  

  A convoy of Libyan rebels rolled early Monday morning into central Tripoli past celebrating crowds after a day of heavy fighting in and around the capital. Crowds on Green Square cheered them, waving flags and firing salutes.

• Friday, August 19th 2011 - 09:43 UTC

  Asian stocks down as economic uncertainty expands world wide

  

  Asian stocks fell on Friday, following the trend on global markets, on continuing worries that the US economy could slide back into recession and the Euro debt crisis remains latent.

• Friday, August 19th 2011 - 02:05 UTC

  Fears of recession plunge world markets; Latam losses less that in US and EU

  

  Stock markets across Latin America, led by regional heavyweight Brazil, fell sharply Thursday as recession fears sent global markets down. Meanwhile the spot price of gold hit yet another record high of just below 1.829 dollars an ounce.

• Thursday, August 18th 2011 - 23:23 UTC

  Korean corporations investing heavily in Latin American markets and resources

  

  Korea’s leading businesses are making their forays into Latin America, which has emerged as a favoured destination among global investors for its growing economy, ample natural resources and robust domestic demand.

• Thursday, August 18th 2011 - 20:57 UTC

  US and Euro zone “dangerously close to recession” warns Morgan Stanley

  

  The United States and Euro zone are “dangerously close to recession,” Morgan Stanley said on Thursday, criticizing policymakers and predicting the European Central Bank will have to reverse its rates policy.

• Thursday, August 18th 2011 - 06:26 UTC

  FIFA is “like an old boys’ network” claims Transparency International

  

  FIFA should limit terms for senior officials, set up an independent group to clear up anti-corruption allegations and “embrace transparency,” corruption watchdog Transparency International (TI) said.

• Wednesday, August 17th 2011 - 23:36 UTC

  IMF chief Lagarde on trial for complicity of embezzlement in France

  

  French magistrates formally opened an investigation into IMF chief Christine Lagarde this week for possible misconduct in approving a huge payment to a friend of President Nicolas Sarkozy when she was Finance minister.

• Wednesday, August 17th 2011 - 08:16 UTC

  Sarkozy and Merkel pledge support for the Euro but disappoint markets

  

  The leaders of France and Germany meeting in Paris unveiled wide-reaching plans for closer Euro zone integration, including deficit limits and biannual summits but said joint Euro bonds could only be a long-term option.