International

• Friday, November 27th 2009 - 11:25 UTC

  “South American Sails 2010” begins in Rio, February with calls in ten countries

  

  A dozen tall ships from the Americas and Europe will be participating next year in a regatta that will tour ten Latinamerican countries in the framework of the bicentennial celebrations, which marked the beginning of the end of Spanish colonial rule in the region.

• Friday, November 27th 2009 - 11:16 UTC

  Norway opens world’s first osmotic power plant prototype

  

  Norwegian renewable energy giant Statkraft has switched on the world's first osmotic power plant prototype - using a technology which produces electricity from a process which mixes fresh water and salty sea water.

• Friday, November 27th 2009 - 08:38 UTC

  IMF identifies four crucial challenges ahead for policymakers

  

  International Monetary Fund Managing Director Dominique Strauss-Kahn said the global economy has made remarkable progress and now stands at the cusp of recovery, but it still remains highly vulnerable to shocks and policy missteps

• Friday, November 27th 2009 - 08:36 UTC

  Dubai’s financial health sends shock waves to world markets

  

  European, Asian and Latinamerican shares have been hit by concerns over Dubai's financial health, after a government-owned company asked for an extension on repaying its debts.

• Friday, November 27th 2009 - 05:19 UTC

  Spain’s Repsol only interested in selling minority stake in YPF

  

  Spain's main oil company Repsol is not interested in selling more than a minority stake in its Argentine YPF unit, despite a report it had a new Chinese bid on the table for a majority holding.

• Friday, November 27th 2009 - 05:12 UTC

  South America backs Argentina/Uruguay bid to host 2030 World Cup

  

  South American football's governing body CSF has backed a bid by Argentina and Uruguay to jointly stage the 2030 World Cup finals to commemorate the centenary of the first tournament that was also held in Uruguay.

• Thursday, November 26th 2009 - 13:16 UTC

  General Motors confirm plans to cut 9.000 jobs across Europe

  

  Car giant General Motors has firmed up plans to cut 9,000 jobs across Europe, saying that up to 60% will be in Germany. Nick Reilly, a senior official of the US car maker, met employee representatives at a meeting in Germany to go through the firm's detailed plans for the future.

• Thursday, November 26th 2009 - 07:53 UTC

  Spain promises tangible results from EU/Mercosur trade talks

  

  Spain wants to boost trade negotiations between the European Union and Mercosur when it takes over the pro tempore presidency of the block next January, according to Spanish diplomats quoted by Madrid’s main daily El Pais.

• Thursday, November 26th 2009 - 05:33 UTC

  FAO approves treaty to close ports to ships involved in illegal, unreported fishing

  

  A new treaty that aims to close fishing ports to ships involved in illegal, unreported and unregulated (IUU) fishing has been approved by FAO governing Conference. Once it enters into force, it will be the first ever legally binding international treaty focused specifically on this problem.

• Wednesday, November 25th 2009 - 15:02 UTC

  Distinguished academic next Argentine ambassador in London

  

  A distinguished solicitor who has dedicated his life to social and political sciences and promoting culture, Jose Nun is tipped as the next Argentine ambassador in Britain.