International

• Wednesday, September 8th 2010 - 02:32 UTC

  EU follows US and approves new framework for financial supervision

  

  The European Union finance ministers agreed Tuesday to establish a new framework for financial supervision, designed to help prevent future financial crises. The measures include a European Systemic Risk Board to oversee the health of Europe's economy.

• Wednesday, September 8th 2010 - 02:29 UTC

  A review of Third World United States: the Argentina connection

  

  United States online publication The Huffington Post published Tuesday an article whose title caught the attention of those in the Southern cone: “Becoming Argentina: A Review of Third World America.”

• Wednesday, September 8th 2010 - 01:55 UTC

  FAO says there is no world food crisis, but fears market anxiety and panic buying

  

  Food commodities markets will remain more volatile in years ahead and the international community will need to develop appropriate ways of dealing with that, a top FAO official said Tuesday.

• Tuesday, September 7th 2010 - 05:17 UTC

  London alert as EU readies to approve supra-national financial regulatory agencies

  

  Europe's regulation chief has told London based companies to 'remain calm' over plans to give Brussels new powers to control their business.

• Tuesday, September 7th 2010 - 05:12 UTC

  Blair reveals “family” diplomacy in helping reach understanding on Gibraltar

  

  Former British Prime Minister Tony Blair and his Spanish counterpart Jose Maria Aznar shared a tongue in cheek anecdote about Gibraltar during a family get together in Spain. The story is contained in Mr Blair's bestselling memoirs 'A Journey' that has just hit the bookshops in UK and is reported in the Gibraltar Chronicle.

• Monday, September 6th 2010 - 05:26 UTC

  UN calls for the collective global protection of oceans

  

  Highlighting the centrality of the marine environment to human well-being, Secretary-General Ban Ki-moon stressed the collective global responsibility to protect the world’s oceans.

• Monday, September 6th 2010 - 05:15 UTC

  IMF confident risks of further large price spikes for wheat have eased

  

  Despite a large rise in the two months to August, wheat prices remain well below levels reached during the boom in 2008 and market pricing indicates that the risks of further large price spikes have eased, says a report from the IMF.

• Monday, September 6th 2010 - 04:54 UTC

  EU agrees on three new watchdogs for the financial system

  

  European Union has reached an agreement on reforms in the financial sector with the creation of a European Systemic Risk Council and three new watchdogs covering banking, insurance and securities markets.

• Monday, September 6th 2010 - 04:26 UTC

  IMF confident world economy is recovering but warns about fiscal consolidation

  

  The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, IMF First Managing Director, John Lipsky said on Sunday.

• Saturday, September 4th 2010 - 05:27 UTC

  Third vessel in less than a month to run aground in north Canada Arctic region

  

  A fuel tanker loaded with 9 million litres of diesel fuel has run aground in Canada's Far North but none of the fuel has spilled, the Canadian Coast Guard said on Thursday.