International

• Wednesday, August 3rd 2011 - 00:10 UTC

  China says there’s no way of escaping dollar dominance… in the short term

  

  United States' debt woes still threaten the global economy despite the last-minute deal struck by the White House and political party leaders, China's main official newspaper said on Tuesday, adding there was no short-term escape from the dominance of the dollar.

• Tuesday, August 2nd 2011 - 21:29 UTC

  Emergency bells ringing in Europe: Italy and Spain in the Euro danger zone

  

  Financial market pressure on Italy intensified on Tuesday, sucking Europe's second biggest debtor nation deeper into the Euro area danger zone and prompting emergency consultations in Rome and among European capitals.

• Tuesday, August 2nd 2011 - 15:41 UTC

  Uruguay condemns statements denying Holocaust by Iran ambassador

  

  Uruguay has condemned statements denying the Holocaust made by Iran's ambassador in Montevideo Hojatollah Soltani

• Tuesday, August 2nd 2011 - 15:31 UTC

  “Empress of Uruguay”, world’s largest amethyst geode vandalized

  

  The 2.5 tons Empress of Uruguay is slightly less impressive after a tourist pinched a piece of the world's largest amethyst on show in Queensland, Australia.

• Friday, July 29th 2011 - 18:56 UTC

  Rio-Paris flight crash report opens legal battle between Airbus and Air France

  

  French investigators said on Friday that the crew of Air France's Rio-Paris flight which crashed into the Atlantic two years ago ignored repeated stall warnings and failed to follow textbook procedures.

• Friday, July 29th 2011 - 18:50 UTC

  Rodriguez Zapatero calls early election; Spanish opposition leads opinion polls

  

  Spanish Prime Minister Jose Luis Rodriguez Zapatero announced Friday an early general election in November, four months early than scheduled, looking to capitalize on a slight upturn in opinion poll ratings.

• Friday, July 29th 2011 - 18:46 UTC

  Spain regional governments’ debts out of control; Moody’s downgrade warning

  

  Credit rating agency Moody's, on Friday, put Spain on review for a possible downgrade, adding to concerns that a Greek rescue package has done little to halt the spread of Europe's debt crisis.

• Friday, July 29th 2011 - 10:35 UTC

  Brazil begins exporting rice to South Africa, competing with Thailand

  

  Brazil has begun shipping rice to South Africa, competing with Thailand, the largest source of the grain for Africa’s largest economy. A shipment of rice from Brazil’s Santa Catarina state left Santos bound for South Africa this week.

• Friday, July 29th 2011 - 07:08 UTC

  Repsol-YPF earnings hit by civil war in Libya and labour strikes in Argentina

  

  Repsol-YPF, Spain’s largest oil company, said second-quarter earnings fell 7.3% after refining margins narrowed and output declined because of the civil war in Libya and strikes in Argentina.

• Friday, July 29th 2011 - 06:32 UTC

  Claims China is ‘circumventing’, via US, to avoid Brazil anti-dumping tariffs

  

  Brazilian newspaper Estado de Sao Paulo revealed documents from Chinese company Sun Falcon International Inc. offering triangulation scheme through Los Angeles port, the busiest container port in the US, to avoid Brazilian anti-dumping tariffs.