International

Tuesday, May 25th 2010 - 05:59 UTC
Argentina rejects UK complaints, demands Falklands’ sovereignty talks

Argentina rejected Monday Britain’s complaints about maritime controls in the South Atlantic and again condemned the “unilateral and illegitimate acts” of the UK regarding hydrocarbons exploitation in the continental shelf of the Malvinas/Falklands, South Georgia and South Sandwich Islands.
Tuesday, May 25th 2010 - 00:57 UTC
IMF bluntly tells Spain austerity and reform measures are not enough

The International Monetary Fund has raised fresh concerns about Spain's economy, saying “far-reaching” reforms are needed to ensure its recovery. It said the country faced “severe” challenges, including the need to urgently reform a “dysfunctional” labour market, and its banking sector.
Tuesday, May 25th 2010 - 00:52 UTC
Beckham on goodwill visit to UK and US troops in Afghanistan

English football star David Beckham this week visited Camp Bastion, the main British base in Afghanistan for a goodwill visit to meet British and US Armed Forces.
Tuesday, May 25th 2010 - 00:43 UTC
UK outlines start of massive cuts to “wasteful spending across the public sector”

Less than a fortnight after the Conservative-Liberal Democrat coalition took power in Britain, Chancellor of the Exchequer George Osborne outlined plans to cut £ 6.2 billion pounds (8.92 billion USD) from government spending to help reduce the budget deficit.
Monday, May 24th 2010 - 03:14 UTC
German “Love Boat” catches fire in Norway: 607 passengers and crew evacuated

A cruise ship made famous by a German “Love Boat” TV show caught fire Sunday, forcing 607 people aboard to evacuate in a western Norwegian port, rescue officials said.
Monday, May 24th 2010 - 01:56 UTC
US-China “top-level” summit talks in Beijing to address world affairs

US Secretary of State Hillary Clinton pressed for greater commercial access for US businesses in China on Sunday, urging Beijing for a “level playing field”. Ms Clinton spoke to US and Chinese business executives in Shanghai, following a tour of the World Expo.
Saturday, May 22nd 2010 - 02:53 UTC
‘Dr. Doom’ Roubini anticipates a ‘double-dip downturn’ and 20% fall in markets

With the Euro-zone crisis renewing fears over another financial crisis, economic pessimists have again regained stage, among them Nouriel Roubini professor at the Stern School of New York University (NYU).
Saturday, May 22nd 2010 - 00:28 UTC
UN Environment Program questions ‘free market” policies for global fisheries

UN's top environment official has echoed warnings that commercial fishing could be destroyed within 50 years. “It is not a science fiction scenario. It is within the lifetime of a child born today,” said Achim Steiner, head of the UN Environment Program (Unep).
Saturday, May 22nd 2010 - 00:15 UTC
An estimated 26 million tons of fish illegally landed every year, warn researchers

Global measures to regulate the fishing industry lack the capability to tackle illegal catches, warn researchers. Writing in the journal Science, they say that up to 26 million tons of fish, worth an estimated 23 billion USD are landed illegally each year.
Friday, May 21st 2010 - 06:15 UTC
Sarkozy and Merkel pledge to support the Euro and solve EU debt crisis

France and Germany pledged on Thursday to work together to solve a European debt crisis and support the Euro, patching up a public rift that had rattled markets around the world.