International

Tuesday, April 7th 2009 - 05:20 UTC
“US is not at war with Islam” Obama tells Turkish parliament

During his first visit to a Muslim nation United States president Barack Obama said the US ”is not and will never be at war with Islam''. In an address to the Turkish parliament in Ankara on Monday, he called for a greater partnership with the Muslim world.
Monday, April 6th 2009 - 10:38 UTC
Latam positive about G20 results, but implementation is also vital

The G-20 summit decision to inject 1.1 trillion US dollars to the global economy to prop trade and overcome the financial collapse can be beneficial for Latinamerica but measures have to be implemented and proven efficient, according to experts from the region.
Monday, April 6th 2009 - 10:23 UTC
HSBC shareholders support bank with 17.7 billion US dollars

Britain’s HSBC bank shareholders have bought 96.6% of the new shares they were offered. Unlike many of its rivals, HSBC has not received government support, but it still needed some extra funding as a result of the credit crunch.
Monday, April 6th 2009 - 09:41 UTC
Tokyo’s plan to ship back 400.000 “nikkeis” to South American

The Japanese government is planning to combat unemployment by sending back to their countries of origin 400.000 South American immigrants of Japanese stock. The idea is to pay them a small subsidy and a one way ticket to South America, an initiative that has generated some controversy in the Japanese press.
Monday, April 6th 2009 - 09:00 UTC
Brazil prepared to support IMF with 10 billion USD

Brazil is prepared to support the International Monetary Fund, IMF, with ten billion US dollars, --5% of its international reserves--, with the purpose of boosting its position in the multilateral financial organizations, --votes and veto power--, in the framework of what was decided last week at the G20 summit in London.
Monday, April 6th 2009 - 08:52 UTC
Russia and Chile committed to boost trade and defence cooperation

Russian President Dmitri Medvedev and visiting Chilean counterpart Michelle Bachelet said during a meeting at the Kremlin that they were committed to bolster their countries bilateral ties in different areas, including trade and defence cooperation. Both leaders signed a joint declaration and two cooperation accords in culture and defence.
Monday, April 6th 2009 - 08:30 UTC
Recession “worse than predicted” admits UK Chancellor Darling

British Chancellor Alistair Darling admitted that he failed to foresee the severity of the recession and warned recovery was unlikely before the end of the year. He also warned that the deal struck by PM Gordon Brown and other world leaders at London's G20 summit last week would only be effective if countries stuck to their promises.
Sunday, April 5th 2009 - 06:29 UTC
Gibraltar converting from off-shore haven to regulated on shore finance centre

The Gibraltar Government hopes to sign at least 12 tax agreements with countries belonging to the Organisation for Economic Cooperation and Development [OECD] by November this year. Completing that number of information exchange agreements would allow Gibraltar to enter the top category of countries regarded by the OECD as those which substantially meet international tax standards, reports the Gibraltar Chronicle.
Sunday, April 5th 2009 - 06:20 UTC
In Brazilian school books Columbus arrived in America in 1942

Christopher Columbus must be having nightmares: according to the Brazilian state of Sao Paulo latest edition of public school books, the Genoa navigator arrived to America in 1942, that is 67 years ago and not in 1492.
Sunday, April 5th 2009 - 06:14 UTC
Antarctica ice shelves melting faster than estimated

Antarctica's ice shelves are melting more rapidly than previously known because of climate change, according to a new US Geological Survey report prepared in close collaboration with the British Antarctic Survey, the Scott Polar Research Institute and Germany's Bundesamt fűr Kartographie und Geodäsie.