International

• Saturday, September 19th 2009 - 11:42 UTC

  Lula da Silva predicts Brazil will become world power in ten years

  

  President Lula da Silva predicts that Brazil in the near future will be in the short list of the world’s largest economies, probable in third or fourth position, and if “less lucky” at the most ranked fifth.

• Saturday, September 19th 2009 - 11:37 UTC

  European leaders agree on global deal for bankers’ bonuses

  

  European Union leaders have agreed to seek a global deal for bankers' bonuses to be clawed back if profits fall. The leaders meeting in Brussels approved the clause as part of a common EU position for next week's G20 summit in Pittsburgh in the US.

• Saturday, September 19th 2009 - 11:15 UTC

  G 20: “Step up reforms” in IMF and WB, demand developing countries

  

  Emerging countries and particularly those from Latinamerica will propose at the coming G-20 summit in Pittsburgh that reforms of the IMF and World Bank, where they expect to have a larger representation, move much faster.

• Friday, September 18th 2009 - 23:19 UTC

  “Shana Tovah v'hatima tovah”

  

  Jews around the world are celebrating Rosh Hashanah, the Jewish New Year of 5770, which begins Friday at sundown. In the Jewish calendar, the most sacred time is the 10-day period from Rosh Hashanah to Yom Kippur, which this year falls on September 28.

• Friday, September 18th 2009 - 15:02 UTC

  A new map of wealthy people has emerged from the financial crisis

  

  The economic and financial crisis of the last 18 months has transformed the global map of the world’s wealthiest people, with Europe nudging out North America as the richest region, according to a new report by The Boston Consulting Group.

• Friday, September 18th 2009 - 10:53 UTC

  Less profound melt of Arctic sea ice again baffles scientists

  

  This summer's melt of Arctic sea ice has not been as profound as in the last two years, scientists said as the ice began its annual autumn recovery. At its smallest extent this summer, on 12 September, the ice covered 5.10 million sq km.

• Friday, September 18th 2009 - 03:40 UTC

  Gibraltar/Spain open border policy explains economic surge in the region

  

  Gibraltar makes an extensive contribution to the economy of neighbouring Campo de Gibraltar while it also benefits significantly from Spanish expenditure on the Rock, according to the main conclusions of an economic study published this week.

• Friday, September 18th 2009 - 03:38 UTC

  Spain proposes strict fisheries sustainable management rules

  

  Spanish Minister of Environment and Rural and Marine Affairs (MARM), Elena Espinosa reiterated her government’s commitment to ensure the sustainability of marine resources and deemed it “crucial” to forge “rules of the game” that ensure “a sustainable management” in the international arena.

• Friday, September 18th 2009 - 03:36 UTC

  Ex-Barclays bankers stand to make 400 million USD for managing toxic assets

  

  A group of 45 bankers at Britain’s Barclays bypassed potential curbs on pay and bonuses by jumping ship to set up a Cayman Islands company and manage 12.3 billion US dollars of Barclays’ most toxic debt. They will be paid at least 400 million USD over ten years.

• Friday, September 18th 2009 - 03:23 UTC

  Spain’s rapprochement policy towards Gibraltar confirmed in Congress

  

  The opposition Partido Popular motion tabled before the Foreign Affairs Committee of the Spanish Parliament claiming sovereignty over Gibraltar territorial waters was last night defeated by some 20 votes, reports the Gibraltar Chronicle.