
Secret US document newly released by Wikileaks underscores the critical importance of Spain as a strategic logistics hub for the US military. The document details the importance of bases such as Rota, just a short drive from Gibraltar.

United Kingdom home owners need to prepare for a series of interest rate rises to around 5%, a Bank of England official has warned. Paul Fisher, who is a member of the Bank's rate-setting Monetary Policy Committee (MPC), said officials would like the current 0.5% base rate to rise to a normalized level 10 times as big.

Overseas visits by foreign residents to Britain are likely to increase by 300,000 next year, UK's tourist chiefs have predicted. Numbers will be around 30 million - a 1% rise on the 2010 figure, the VisitBritain organization said.

Spain will not discuss any issue that affects Gibraltar’ sovereignty within the context of the Trilateral Forum, Spanish Foreign Minister Trinidad Jimenez said in an interview over the Christmas break and some its extracts collected in the Gibraltar Chronicle.

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The 33 miners who survived 69 days at a depth of some 700 meters (2,300 feet) down a Chilean mine were named “Team of the Year” on Tuesday by The Times of London

As a result of the cold front affecting Europe, Chile’s Sociedad Punta de Lobos (SPL) —salt producer and exporter—is working at full capacity to export salt destined primarily for Belgium, Holland, Germany and France.

The Argentine Government yesterday rejected recent declarations of the British Prime Minister David Cameron who said that he would not negotiate over the sovereignty of the Falkland Islands despite insistent claims from the South American country.

China’s central bank raised interest rates for the second time in less than three months as authorities ramp up efforts to curb borrowing, rein in property prices and tame inflation.

South Africa has been formally asked to join the BRIC group of major emerging markets, comprising Brazil, Russia, India and China, according to a statement on the web from China’s Foreign Affairs minister Yang Jiechi.