International

• Thursday, April 14th 2011 - 05:34 UTC

  Oil to remain high, look for alternative sources of energy recommends IMF

  

  Oil prices are likely to remain high for the foreseeable future and IMF economists say that governments should be looking to back sustainable alternative sources of energy.

• Thursday, April 14th 2011 - 05:32 UTC

  UN peacekeeping operations to suffer most from US funding cuts

  

  United States lawmakers are poised to cut spending on the United Nations by hundreds of millions of dollars, less than a week after UN Secretary-General Ban Ki-moon came to Congress to ask for continued strong support.

• Thursday, April 14th 2011 - 05:16 UTC

  Libya and global financial system reform in BRICS’ international agenda

  

  Leaders of the world's major emerging powers will meet again Thursday in China to tackle the conflict in Libya, reform of the international financial system and look at how developing nations can exercise more clout on the global stage.

• Thursday, April 14th 2011 - 05:00 UTC

  BRICS members discuss trade grievances with host China

  

  Chinese President Hu Jintao came under pressure from fellow BRICS members Brazil, Russia, India and South Africa to open the Chinese market to goods ranging from Indian drugs to Brazilian planes as leaders gathered on a tropical south China island for a summit.

• Wednesday, April 13th 2011 - 22:55 UTC

  Mercosur/EU will exchange proposals in the coming two months, says De Gutch

  

  The European Union and Mercosur currently holding a round of association and trade talks will be exchanging proposals for market access of their list of products in the coming two months, according to the EU Trade Commissioner Karel De Gucht.

• Wednesday, April 13th 2011 - 18:34 UTC

  Mercosur to release members’ same criteria macro-economic data beginning June

  

  Beginning June, Mercosur full members will share macro-economic indicators elaborated with the same criteria and which will be released simultaneously, according to reports in the Montevideo press. The initiative was partly financed by the European Union that also played an advisory role.

• Wednesday, April 13th 2011 - 18:17 UTC

  EU ‘animal well being’ group warns about Mercosur livestock conditions

  

  The Eurogroup for Animals called on the European Union to demand from Mercosur farmers associations and governments the same ‘animal well-being’ requisites and regulations which their European counterparts must comply with.

• Wednesday, April 13th 2011 - 17:10 UTC

  UK Europe Minister praises relation with Spain, but underlines no compromise on Gibraltar

  

  The Right Honourable David Lidington MP, the UK Minister of State for Europe, paid a short overnight familiarisation visit to Gibraltar, arriving Tuesday and leaving Wednesday lunchtime

• Wednesday, April 13th 2011 - 05:37 UTC

  Tail section of Air France plane located on the Atlantic bed 4 km down

  

  The tail section of an Air France plane which crashed over the Atlantic in 2009 has been found on the ocean floor, relatives of those killed have said. Investigators had told them the section was “relatively intact”, they added.

• Wednesday, April 13th 2011 - 04:44 UTC

  Turkey slams Argentine Judge ruling blaming Ottomans for Armenian genocide

  

  Turkey has slammed an Argentine judge's ruling that it committed genocide against Armenians around the time of World War I. The Turkish Foreign Affairs Ministry said the ruling was an example of how legal systems are abused by extreme nationalists belonging to the Armenian Diaspora.