International

• Monday, November 14th 2011 - 06:49 UTC

  Positive market reactions as Monti begins task of forming new government in Italy

  

  Mario Monti is starting work to form a new government to lead Italy out of its acute debt crisis which prompted the resignation of Silvio Berlusconi. The appointment of Mr Monti, an ex-EU commissioner, was announced by Italy's president on Sunday.

• Monday, November 14th 2011 - 06:24 UTC

  Spain conservatives set for landslide victory and outright majority in parliament

  

  Spain's opposition conservative Popular Party (PP) has maintained the strong margin with which it is expected to win this month's general election, with a runaway lead of between 14 and 18 percentage points over the ruling Socialists, two opinion polls showed Sunday.

• Monday, November 14th 2011 - 06:16 UTC

  Falklands’ deployment of Prince William not intended to be a “provocative act”

  

  Britain's chief of armed forces David Richards denied that the recent announcement of the deployment of Prince William to the Falklands Islands was a “provocative act” towards Argentina.

• Saturday, November 12th 2011 - 11:22 UTC

  Iguazu Falls chosen as one of the natural seven wonders of the world

  

  The Iguazú Falls located on the border of Argentina and Brazi and consisting of approximately 257 individual falls over 2.7 kilometres were chosen as one of the new natural seven wonders of the world in a contest in which thousands of people voted via text messages, by phone and online. The result will be made official in 2012 with a big celebration.

• Saturday, November 12th 2011 - 11:19 UTC

  “Super” Mario Monti to the rescue of foundering Italy (and the Euro)

  

  The man who is ready to succeed outgoing Silvio Berlusconi as Italy’s next Prime Minister is a well respected economist and tough negotiator “Super” Mario Monti.

• Saturday, November 12th 2011 - 11:17 UTC

  Putin running for president praises Berlusconi 17-year tenure as a “stability factor”

  

  Russian Prime Minister Vladimir Putin praised outgoing fellow political veteran Silvio Berlusconi and defended his own decision to remain in power for years to come in front of an audience of foreign experts.

• Friday, November 11th 2011 - 08:09 UTC

  Greece gets a former ECB banker as PM to implement the Euro rescue package

  

  Greece named banker Lucas Papademos as head of a new crisis government on Thursday, ending the country's chaotic search for a leader to save it from default, bankruptcy and expulsion from the Euro zone.

• Friday, November 11th 2011 - 07:53 UTC

  Merkel denies smaller Euro Project but her party, CDU, congress could hold surprises

  

  German Chancellor Angela Merkel rejected Thursday the idea that her government might favor a smaller Euro zone, saying her only goal since the beginning of the debt crisis has been to stabilise the bloc in its current form.

• Thursday, November 10th 2011 - 08:17 UTC

  Euro crisis: IMF chief warns of a “lost decade”; China calls for strong political will

  

  The head of the IMF warned on Wednesday that Europe's debt crisis risked plunging the global economy into a “lost decade” and said it was up to rich nations to shoulder the burden of restoring growth and confidence.

• Thursday, November 10th 2011 - 07:43 UTC

  Chinese leading bank planning to expand business in Argentina

  

  China Industrial and Commercial Bank Ltd. plans to invest 100 million dollars in Standard Bank Argentina once it receives regulatory approval to buy a majority stake in the company, according to Argentine financial sources.