International

• 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.

• Thursday, March 3rd 2011 - 05:46 UTC

  IMF chief praises Uruguay, cautions good times are not for ever

  

  IMF Managing Director Dominique Strauss-Khan praised the management and achievements of the Uruguayan economy and said it was a pleasure to visit a country that does not have major problems resulting from the 2008 global financial crisis, which is a “recurrent issue” of his busy agenda.

• Thursday, March 3rd 2011 - 05:30 UTC

  Velux 5 Oceans in Punta del Este; Van Liew with Le Pingouin wins third consecutive leg

  

  The US skipper Brad Van Liew won his third consecutive leg in the Velux 5 Oceans race on Tuesday evening pulling into Punta del Este, Uruguay, eight days after rounding Cape Horn in his 60-foot Eco 60 Le Pingouin..

• Wednesday, March 2nd 2011 - 17:44 UTC

  New Irish government gauges ‘potential damage’ of Mercosur/EU trade talks

  

  Mercosur negotiations and Ireland’s share of the EU agriculture spending are seen as the main challenging demands for the new Agriculture minister of the Fine Gael-Labour coalition government in Dublin.

• Wednesday, March 2nd 2011 - 17:36 UTC

  Unemployment up in Spain: 4.3 million registered as out of a job

  

  The number of people out of a job Spain, which has the highest unemployment rate in the industrialized world, rose further in February reaching a 15 year high, the Labour ministry said Wednesday.

• Wednesday, March 2nd 2011 - 17:24 UTC

  EU competition regulators raid companies selling digital books

  

  European Union's competition regulators carried out unannounced inspections into various companies that sell digital books on Tuesday on suspicion of operating a cartel and engaging in other banned business practices.