International

Wednesday, May 18th 2011 - 07:10 UTC
US says IMF should designate an interim Managing Director

Dominique Strauss-Kahn is “not in a position to run” the International Monetary Fund after his arrest over an alleged sexual assault, US Treasury Secretary Timothy Geithner has said. He added IMF's executive board should designate an interim head.
The alleged assault on a maid happened at New York's luxury Sofitel hotel on 14 May.
Wednesday, May 18th 2011 - 06:58 UTC
UK Foreign Office Minister visits Uruguay to strengthen trade and political ties

Foreign Office Minister for Latin America Jeremy Browne will be visiting Uruguay from 20-21 May where he will be meeting government officials and key business people to strengthen ties between UK and the Mercosur member.
Wednesday, May 18th 2011 - 06:48 UTC
Global operators anticipate “tourism explosion” from China, India and Brazil

China, India and Brazil are poised to fuel an explosion in international tourism in the coming years helping to create jobs in countries ready for it, and trouble for those that lag, industry leaders say.
Wednesday, May 18th 2011 - 06:45 UTC
The Queen in historic reconciliation visit honours Ireland’s freedom fighters

Queen Elizabeth honoured Irish people killed fighting for independence from Britain in a powerful gesture of reconciliation few people would have believed possible even in recent times.
Tuesday, May 17th 2011 - 23:31 UTC
US dollar status as world’s single reserve currency will end by 2025

The United States dollar status as the world’s single reserve currency will end by 2025, according to a new report by the World Bank.
Tuesday, May 17th 2011 - 17:39 UTC
Brazil non automatic import licences on blankets from China and Uruguay

Brazil announced it was imposing non automatic import licences on synthetic fibre blankets from Paraguay, Uruguay and China, according to an official communiqué from the Brazilian Ministry of Development, Industry and Foreign Trade released Tuesday.
Tuesday, May 17th 2011 - 15:42 UTC
Brazil insists with an emerging economy Managing Director for the IMF

Brazil’s former Foreign Affairs minister Celso Amorim said that the next IMF Managing Director must come from an emerging economy if Dominique Strauss-Kahn, currently in custody in New York on alleged rape charges finally looses his job.
Tuesday, May 17th 2011 - 15:21 UTC
Potential candidates to succeed Strauss-Kahn as head of the IMF

Dominique Strauss-Kahn, (DSK) the head of the International Monetary Fund, may be forced to leave his post after being accused of trying to rape a maid in his New York hotel room. IMF is currently under John Lipsky Acting Managing Director.
Tuesday, May 17th 2011 - 05:51 UTC
China ready to increase trade and investments in Brazil but infrastructure lacking

China moved to smooth economic relations with Brazil on Monday, saying it was open to more Brazilian exports and that Chinese firms will broaden their investments in the country.
Tuesday, May 17th 2011 - 01:05 UTC
“Heaven is a fairy story, there is no afterlife” says eminent Stephen Hawking

Heaven is a fairy story for people afraid of the dark, the eminent British theoretical physicist Stephen Hawking said in an interview. Hawking, 69, was expected to die within a few years of being diagnosed with degenerative motor neurone disease at the age of 21, but became one of the world's most famous scientists with the publication of his 1988 book “A Brief History of Time”.