International

• Tuesday, November 16th 2010 - 22:21 UTC

  “Global crisis is not over, getting worse” says the richest man on earth

  

  “The global crisis is not over, nothing has been solved, only patches to avoid the worst effects of a great depression”, according to Carlos Slim, the Mexican tycoon considered by Forbes the wealthiest man on earth, currently in Buenos Aires for a round of conferences.

• Tuesday, November 16th 2010 - 12:07 UTC

  “If the Euro fails, Europe fails”, warns Germany’s Merkel

  

  German Chancellor Angela Merkel said the Euro is the glue that holds Europe together, signalling that an Irish bailout may be the price of preserving European unity.

• Tuesday, November 16th 2010 - 12:05 UTC

  New species of squid discovered in the southern Indian Ocean

  

  A new species of squid has been discovered by scientists during a research cruise in the southern Indian Ocean. The 70cm-long specimen is a large member of the chiroteuthid family.

• Tuesday, November 16th 2010 - 04:57 UTC

  Teheran Times says Argentina is like an occupied country (‘b-y Israel and Jews’)

  

  London-based Tehran Times newspaper published a controversial editorial on the international conflict Argentina and Iran are currently immersed into over the AMIA bombing probe. The newspaper assured “the influence of Israel and the Jews on the internal affairs of Argentina increased greatly and the South American nation now seems like an occupied country.”

• Tuesday, November 16th 2010 - 04:55 UTC

  UK/France have not considered carrier’s defence of Falklands: “not necessary”

  

  There have been no discussions between Britain and France on whether aircraft carriers could be sent to defend the Falkland Islands, United Kingdom Armed Forces Minister Nick Harvey said.

• Tuesday, November 16th 2010 - 04:47 UTC

  China and Argentina formalize ‘trade peace” and become ‘strategic partners’

  

  President Cristina Kirchner received China's visiting Agriculture Minister Han Changfu on Monday at Government House in Buenos Aires, formally ending a six month trade war that threatened Argentina's standing as the world's leading soybean oil exporter.

• Tuesday, November 16th 2010 - 04:43 UTC

  Caterpillar bets on continued commodities boom, acquires competitor

  

  Placing a huge bet on the global commodities boom, the world's biggest heavy machinery maker, Caterpillar Inc., announced plans Monday to acquire mining equipment company Bucyrus International for 7.6 billion US dollars.

• Monday, November 15th 2010 - 19:20 UTC

  East Asia more than doubles Latin America’s investment in infrastructure

  

  In spite of healthy economic growth in Latin America, local and foreign companies alike single out one area as deficient, especially compared with Asia: infrastructure.

• Monday, November 15th 2010 - 08:19 UTC

  EU ministers and Ireland discussing possible (80 billion Euro) bailout

  

  Ireland is in talks with European officials about current “market conditions” as Germany pushes it to accept a bailout and help reverse a bond sell-off across the euro-region’s periphery.

• Monday, November 15th 2010 - 08:17 UTC

  APEC summit in Japan calls for regional free-trade zone, but gives no details

  

  Leaders of the 21-member Asia-Pacific Co-operation (Apec) forum have pledged to move towards creating a regional free-trade area. The agreement was announced at the end of a two-day summit in Yokohama, Japan.