International

• Thursday, July 28th 2011 - 11:21 UTC

  Santander Latam’s profits insufficient to compensate EU poor performance

  

  Spain's Banco Santander CEO Alfredo Saenz announced Wednesday its second-quarter net profit fell 38% as growth in Latin America was offset by weaker results in crisis-hit Europe and a one-time charge in Britain

• Thursday, July 28th 2011 - 08:58 UTC

  Gibraltar ‘invaded’ by 7.000 cruise passengers; 330.000 expected this season

  

  Gibraltar’s Main Street was a hive of activity on Tuesday as two cruise ships carrying over 7,000 passengers arrived in the Rock. The “Independence of the Seas” and the “Grand Princess” both arrived early in the morning carrying 4,200 passengers and 2,900 passengers respectively, reports the Gibraltar Chronicle.

• Thursday, July 28th 2011 - 06:15 UTC

  UK to cooperate with Bolivia in the fight against drug trafficking

  

  The British government has announced a new co-operation deal with Bolivia in the fight against drug trafficking. During a two-day visit to Bolivia, Britain's Minister for Latin America, Jeremy Browne, said the Serious Organised Crime Agency in London will join forces with the counter-narcotics police in La Paz.

• Thursday, July 28th 2011 - 00:46 UTC

  Spain has a “fluid dialogue” with UK on Gibraltar, says Rodriguez Zapatero

  

  President Jose Luis Rodriguez Zapatero said Wednesday in London Spain has a “fluid dialogue” with Britain in relation to the future of Gibraltar and anticipated fresh contacts “to maintain the spirit of constructive dialogue that we want”.

• Thursday, July 28th 2011 - 00:34 UTC

  Latam’s 2010 foreign direct investment reached 159bn dollars, mostly from Asia

  

  Foreign direct investment (FDI) flows to Latin America and the Caribbean increased by 13% in 2010 to reach 159 billion dollars indicated UNCTAD (United Nations Conference on Trade and Development) annual investment survey that was released Wednesday.

• Wednesday, July 27th 2011 - 04:54 UTC

  Argentina confident negotiations on Malvinas question ‘will take place’

  

  Britain can’t go on shielding behind its membership of the UN Security Council to avoid dialogue on the Falklands/Malvinas question, but Argentina is confident “negotiations will take place” said Foreign Affairs minister Hector Timerman in Paris following a meeting with his French peer Alain Juppé.

• Wednesday, July 27th 2011 - 04:16 UTC

  ECLAC honours Uruguayan economist and banker Enrique Iglesias

  

  The United Nations Economic Commission for Latin America and the Caribbean, ECLAC, held a ceremony in its Santiago de Chile headquarters to honour Enrique Iglesias, the Uruguayan economist who was executive secretary of the commission from 1972 to 1985 and is currently, Secretary-General of the Ibero-American Secretariat.

• Wednesday, July 27th 2011 - 04:07 UTC

  Lamy calls on WTO members for “an adult conversation” fearing failure of trade talks

  

  The head of the World Trade Organization Pascal Lamy warned Tuesday its 153 members of the consequences on failing to agree a watered-down global trade deal by December and called for “an adult conversation” over what to do next.

• Wednesday, July 27th 2011 - 03:56 UTC

  Brazil a “dysfunctional country” according to the Norwegian mass killer

  

  The Norwegian mass killer Anders Behring Breivik, 32, makes reference to Brazil as a ‘dysfunctional’ county in his document “A European Declaration of Independence- 2083”, which was published in Internet.

• Wednesday, July 27th 2011 - 03:41 UTC

  Global demand for oil will increase in 2012 driven by emerging economies

  

  Global oil demand will increase further next year, the International Energy Agency (IEA) has predicted. The IEA, which represents the main oil consuming nations, said the increase in crude usage would continue to be driven by emerging economies.