
The creator of Facebook, Mark Zuckerberg has been announced as Time magazine’s person of the year 2010, “for changing how we all live our lives in ways that are innovative and even optimistic”.

Britain paid tribute Wednesday to a joint force of Royal Navy and RAF Harrier aircraft with a spectacular flypast to mark their retirement after 41 years of service. A formation of 16 Harriers that became famous during the Falklands’ conflict, took off from RAF Cottesmore into the skies of Lincolnshire.

Moody's rating agency threatened Wednesday to downgrade Spain's credit rating, hammering markets as it warned of a 170-billion-Euro refinancing challenge ahead in 2011.

Ireland's parliament on Wednesday approved (81 to 75) a multi-billion Euro EU/IMF bailout package in the face of opposition threats to renegotiate the deal to force losses on some senior bondholders in Irish banks.

Argentina has surpassed neighbouring Brazil as the world's largest exporter of football players, a trend that may not be a good thing for the country's domestic game. Players had become assets to be sold off to repay club debts, one agent said, while the growing exodus of Argentina's best young players is leaving a void in the local game.

The International Air Transport Association (IATA) revised its industry outlook for 2010 to a net profit of 15.1 billion USD (up from the 8.9 billion forecast in September). Similarly IATA revised upwards its projections for 2011 to a net industry profit of 9.1 billion (up from the 5.3 billion forecast in September). However net margins remain weak at 2.7% for 2010 and falling to 1.5% in 2011.

Four countries, Australia, New Zealand, the Netherlands and United States have jointly expressed concern over confrontations between Japanese whaling ships and anti-whaling activists in Antarctic waters and called for responsible behavior by the two sides.

South Korea reported on Monday a further case of foot-and-mouth disease (FMD) in the south-eastern part of the country, according to Seoul's Ministry of Food, Agriculture, Forestry and Fisheries.

Seven Spanish fishing companies from Vigo that make up the Association of Fishing Communities and Joint Ventures (Acemix) plan to invest an estimated 120 million Euros in new ships to renew their fleet operating in third countries among which Namibia, Argentina, Senegal and the Falkland Islands.

The European Commission Agriculture and Fisheries Council meets Monday in Brussels to begin the discussion process of the Common Agriculture Policy proposals recently set out. In the fisheries chapter the Council is expected to reach a political agreement on two regulations fixing the fishing opportunities for 2011 regarding certain fish stocks and groups of fish stocks applicable