International

• Tuesday, March 10th 2009 - 07:58 UTC

  Developing countries face financial shortfall of 700 bn USD, says World Bank

  

  With many in the private sector eschewing emerging markets, developing countries – only one quarter of which have the resources needed to prevent a spike in poverty – face a financing shortfall of up to 700 billion US dollars this year, according to the World Bank.

• Tuesday, March 10th 2009 - 07:13 UTC

  RAF Nimrods withdrawn from overseas operations

  

  Britain’s Royal Air Force fleet of Nimrod surveillance planes, some of which were involved in the 1982 Falkland Islands conflict, has been temporarily withdrawn from operations overseas, almost a year after a coroner called for the aircraft to be grounded because of safety concerns.

• Monday, March 9th 2009 - 14:16 UTC

  IMF calls for stimulus plans to extend until 2011

  

  The world should adopt economic stimulus plans that carry well into 2010, and possibly 2011, to ease a global recession and must expand financial regulation across all sectors to prevent a similar crisis in future, said the International Monetary Fund.

• Monday, March 9th 2009 - 11:01 UTC

  Spain confirms fifth human death of mad cow disease

  

  Spain confirmed that a woman has died from the human form of mad cow disease, the fifth such death in Spain since 2005. The victim died in January in the northern city of Santander, according to the statement, released by the Ministry of Health.

• Monday, March 9th 2009 - 10:21 UTC

  British Labour apparatus restless about electoral prospects

  

  Former British Cabinet minister Peter Hain has delivered a stark warning that Labour faces electoral disaster unless it adopts a “very different” agenda. In what will be seen as a thinly-veiled attack on Gordon Brown's leadership, Mr Hain insisted the party had lost its “narrative” and was no longer seen as a “credible force for change”.

• Monday, March 9th 2009 - 10:12 UTC

  Royal message on 60th anniversary of the Commonwealth

  

  On the 60th anniversary of the British Commonwealth, Queen Elizabeth II message underlines the continuing values and goals on which the organization rests: freedom, democracy and human rights; equality and equity; development and prosperity.

• Saturday, March 7th 2009 - 15:04 UTC

  Chilean caught in Spain with broken leg cast made of cocaine

  

  Spanish police arrested a man arriving at Barcelona's airport from Chile on a wheelchair after determining that the cast on his fractured left leg was made of cocaine, the Interior Ministry said in a statement Friday.

• Saturday, March 7th 2009 - 15:03 UTC

  Lloyds Banking Group full nationalization closer

  

  Britain’s Lloyds Banking Group is close to a deal with the government for a £258bn asset insurance scheme, according to BBC sources. The agreement could increase the taxpayer's share in the bank from its current level of 43% to as much as 70%, according to reports.

• Friday, March 6th 2009 - 10:30 UTC

  Gibraltar: Spain praises Princess Anne “low profile” visit

  

  A leading Spanish Senator welcomed Gibraltar’s Chief Minister’s decision not to greet the Princess Royal at the runway when she arrived on an official visit to the Rock

• Friday, March 6th 2009 - 09:03 UTC

  China’s “most difficult year” sends shivers to Mercosur

  

  Chinese Premier Wen Jiabao has said the current year will be the most difficult the country has faced this century because of the global economic crisis. Addressing parliament this week, Mr Wen reiterated that there would be a 585 billion US dollars investment program to stimulate the Chinese economy.