International

Saturday, November 28th 2009 - 07:28 UTC
Mercosur/EU trade talks to resume next Monday in Portugal

Mercosur countries are preparing a meeting with European representatives on the sidelines of the Ibero-American summit this weekend in Portugal to confirm their “interest” in reactivating trade negotiations with the EU, according to Spanish diplomatic sources.
Saturday, November 28th 2009 - 07:06 UTC
Iraq invasion of “questionable legitimacy” but “inevitable”

The invasion of Iraq was of “questionable legitimacy”, according to Britain's ambassador to the United Nations at the time. Sir Jeremy Greenstock told the official war inquiry he believed the military action was legal under international law, but it did not have majority backing in the UN.
Saturday, November 28th 2009 - 06:02 UTC
Brazilian banker says that Dubai effect is “alert signal” for market euphoria

A possible debt default by a Dubai state-owned conglomerate is an “alert signal” to avoid market euphoria, Brazil central bank chief Henrique Meirelles said on Friday.
Saturday, November 28th 2009 - 05:03 UTC
China promises to continue playing a leading role in global recovery

China will continue the proactive fiscal policy and moderately easy monetary policy next year, the Political Bureau of the Communist Party of China (CPC) Central Committee agreed Friday, reports the official news agency Xinhua.
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.