International

Tuesday, April 12th 2011 - 17:08 UTC
The Lynx Mk3 takes off from HMS Ocean for the last time

After more than 30 years’ service one of the mainstays of Britain’s Fleet Air Arm, including the Ice Patrol, has made its final appearance at sea, reports the Royal Navy. Nearly four decades to the day that the very first Lynx helicopter took to the skies, a Mk3 variant lifted off from the sprawling flight deck of HMS Ocean.
Tuesday, April 12th 2011 - 16:34 UTC
China opens to Brazilian pork and meat distribution hubs in six main cities

China opened its market to Brazilian pork and Brazil’s meat packer Marfrig said it would invest heavily in distribution centres in China. The announcements were made in Beijing where a numerous government and private sector delegation headed by Brazilian president Dilma Rousseff is on an official visit to China.
Tuesday, April 12th 2011 - 16:13 UTC
China to keep buying Spanish public debt and invest in financial industry

China will invest in Spain’s savings-bank industry and continue buying public debt, a Spanish government official cited Chinese Premier Wen Jiabao as telling Prime Minister Jose Luis Rodriguez Zapatero at a meeting Tuesday in Beijing.
Tuesday, April 12th 2011 - 03:57 UTC
Germany and US leading global recovery with ‘robust expansion’, says OECD

The growth outlook for major industrialized economies is improving with Germany and the United States leading the recovery, the OECD's leading indicator for February showed.
Tuesday, April 12th 2011 - 03:51 UTC
German Literature Nobel Prize Guntther Grass warns of an “eco-dictatorship”

German Nobel Prize winner Gunther Grass fears that the nuclear disaster in Japan and other environmental issues could lead to an “eco-dictatorship”, according to an interview published in the “Haumburger Abenbdblatt”.
Monday, April 11th 2011 - 23:50 UTC
FT forecasts Spain will be next in seeking financial assistance

The mix of high external indebtedness, the fragility of the financial sector and the probability of further declines in asset prices increase the probability of a funding squeeze at some point means that “Spain will be the next country to seek financial assistance from the EU and the International Monetary Fund”, argues one of the Financial Times respected columnists.
Monday, April 11th 2011 - 22:32 UTC
Barcelona in unofficial referendum votes for independence from Spain

The citizens of the Spanish city of Barcelona voted on Sunday by more than 90% in favor of independence for the province of Catalonia from the central government in Madrid.
Monday, April 11th 2011 - 21:09 UTC
Brazil aware its relation with China raises the risk of “Dutch Disease”

President Rousseff arrived in Beijing Monday to begin a state visit to China that will incorporate Thursday’s summit of BRIC leaders. However Ms Rousseff’s trip to China is symbolically important since it is her first overseas visit outside Latin America and underlines the growing importance of the Brazil/China relationship, points out Capital Economics.
Monday, April 11th 2011 - 21:04 UTC
IMF optimistic report but warnings about overheating in emerging economies

The global economic recovery is gaining strength, with world growth projected at about 4½ percent in both 2011 and 2012, but unemployment remains high, and risks of overheating are building in emerging market economies, the IMF said in its latest forecast.
Monday, April 11th 2011 - 20:04 UTC
U2 current worldwide tour nets 558m; beats Rolling Stones record

U2's current worldwide 360° tour has become the highest grossing in history, beating the record previously set by The Rolling Stones between the years 2005-2007, reported Live Nation Entertainment.