International

• Friday, March 4th 2011 - 06:19 UTC

  Strauss-Khan describes IMF/Argentina relation as ‘romance” with love-hate periods

  

  The IMF relation with Argentina is like romance with its ups and downs, said IMF Managing Director Dominique Strauss-Khan who added he trusted that the IMF technical mission that will be visiting Argentina to help elaborate a new retail prices index would achieve “significant advances”.

• Friday, March 4th 2011 - 06:14 UTC

  Links to Gaddafi’s son ‘knock out” director of London School of Economics

  

  The director of the London School of Economics has resigned over its links to Libyan leader Col Muammar Gaddafi. Sir Howard Davies said he recognised the university's reputation had “suffered” and he had to quit.

• Friday, March 4th 2011 - 06:09 UTC

  “Revulsion against corruption” partly sparked Libyan revolution, says Soros

  

  Citizens of oil producing nations must see more benefit from their country's national resources, billionaire investor said George Soros interviewed by the BBC. Revolts in Libya were partly the result of “revulsion against a corruption” fed by the misuse of oil money, he added.

• Friday, March 4th 2011 - 05:59 UTC

  Geithner argues growth in China, India, Brazil are boosting US exports

  

  Rapid growth of emerging economies like China, India and Brazil is boosting the American exports, US Treasury Secretary Timothy Geithner has said.

• Friday, March 4th 2011 - 05:56 UTC

  China ready to implement lower tariffs to boost imports

  

  China will reduce import tariffs on a range of products and further cut red tape involved in import application procedures, to “maintain balanced trade” according to statements from a senior official to a local newspaper.

• Thursday, March 3rd 2011 - 22:00 UTC

  The US Secretary of State recommends Al Jazeera if you want “real news”

  

  Secretary of State Hillary Clinton said Wednesday that Al Jazeera is gaining more prominence in the US because it offers “real news”--something she said American media were falling far short of doing.

• Thursday, March 3rd 2011 - 21:56 UTC

  FIFA announces 631 million USD profit in 2007/2010

  

  Football's governing body FIFA said Thursday that they had achieved a profit of 631 million US dollars over a four year period starting 2007. FIFA revenue during this period was 4.189 billion USD, while the expenses amounted to 3.558 billion USD, the organisation said in a statement.

• Thursday, March 3rd 2011 - 19:14 UTC

  Prepare for a “possible” interest rise in Euro zone warns ECB President Trichet

  

  The president of the European Central Bank has said that a rise in Euro zone interest rates was “possible” at its next policy meeting in April. Jean-Claude Trichet said the ECB was “in a posture of strong vigilance” against rising inflation.

• Thursday, March 3rd 2011 - 18:50 UTC

  Food prices increase in February for eighth consecutive month, says FAO report

  

  Global food prices increased for the eighth consecutive month in February, with prices of all commodity groups monitored rising again, except for sugar, FAO said on Thursday. FAO expects a tightening of the global cereal supply and demand balance in 2010/11

• Thursday, March 3rd 2011 - 06:12 UTC

  Venezuelan president proposes peace commission to mediate in Libyan conflict

  

  Venezuelan President Hugo Chavez spoke with embattled strongman Moammar Gaddafi and discussed creating a multinational commission to mediate the unrest in Libya, according to an internet message posted Wednesday by a Venezuelan government official.