International

• Tuesday, May 24th 2011 - 06:02 UTC

  Global sea level projected to rise by one metre by 2100, says Australian report

  

  The Australian Climate Commission has warned that acceleration of sea level-rise will be faster than anticipated. Global sea level is projected to rise by one meter by 2100, according to the Commission's first report published on Monday.

• Tuesday, May 24th 2011 - 00:59 UTC

  One in four Italians faces poverty because of the economy’s chronic low growth

  

  One Italian in four currently faces poverty as a result of the global financial crisis and their country's chronically low growth, the national statistics institute Isat said on Monday in a report.

• Tuesday, May 24th 2011 - 00:54 UTC

  Euro troubles and slower growth in China and EU hit Latin American markets

  

  Latin American stocks fell to an eight-month low on Monday triggered by concerns that the Euro zone debt problem was deepening and signs of slower growth in China. The region’s largest market Brazil’s Bovespa ended at its lowest since July 2010

• Monday, May 23rd 2011 - 06:16 UTC

  France wants to combat commodities volatility, not limit prices

  

  The best way to cool soaring food prices is to boost output, the Argentine government said, following talks on a French proposal for increased regulation of commodity markets in the framework of a G20 meeting in Buenos Aires.

• Monday, May 23rd 2011 - 06:01 UTC

  Mexico Casterns throws his hat into the IMF MD election ring

  

  Mexico central bank Governor Agustin Carstens will be presented as a candidate for managing director of the IMF, the Finance Ministry said in an e-mailed statement Sunday.

• Monday, May 23rd 2011 - 04:02 UTC

  Spain’s ruling Socialists suffer major defeat but early elections ruled out

  

  Spain's ruling Socialist Party sustained heavy losses in municipal elections on Sunday, amid widespread protests against high unemployment. The conservative People's Party (PP) took 37.5% of the vote compared with almost 28% for Prime Minister Jose Luis Rodriguez Zapatero's PSOE, with more than 90% of votes counted.

• Monday, May 23rd 2011 - 00:58 UTC

  Uruguay ratifies “continental solidarity” in the Falklands/Malvinas dispute

  

  Uruguay ratified to visiting UK Foreign Minister for Latin America Jeremy Browne, Montevideo’s “continental solidarity” policy with Argentina regarding the Falklands/Malvinas dispute but also described relations with the UK as “extremely cordial”.

• Monday, May 23rd 2011 - 00:06 UTC

  Air France’s Atlantic crash: speed probes seem to have iced reports Germany’s Spiegel

  

  Air France plane crashed into the Atlantic in 2009 because of a sudden stall, the German Spiegel magazine reported Sunday citing an expert involved in analysing data from the plane's flight recorders.

• Monday, May 23rd 2011 - 00:01 UTC

  Maradona to coach Dubai team and puts Arab football on global spotlight

  

  Diego Maradona will become the second highest paid coach in world football when he formally takes over as manager of UAE Pro League side Al Wasl next month.

• Sunday, May 22nd 2011 - 23:54 UTC

  Spain’s Mr Zara is buying one acre site in London’s West End for £ 220m

  

  Spain’s Amancio Ortega, the co-founder and former chairman of retail giant Inditex, is splashing out on a 1 acre “island site” on London’s Oxford Street for around £220m according to Property Week.