International

• Wednesday, October 21st 2009 - 06:24 UTC

  Gibraltar rapidly complying with G20 criteria on offshore business

  

  British leading finance figures from the City of London met on Monday at the historic Drapers Hall to hear Chief Minister Peter Caruana’s message who said Gibraltar was fully committed and on time to meet the criteria being sent by G20 countries for offshore centres to continue in business centred on financial issues related to offshore centres and meeting the G20 criteria.

• Wednesday, October 21st 2009 - 05:50 UTC

  UK underlines strong ties with the Rock on Gibraltar Day

  

  British Minister for Europe Chris Bryant commented on the strong ties that exist between the UK and Gibraltar during the Gibraltar Day reception in the Guildhall of the City of London on Monday October 19th.

• Tuesday, October 20th 2009 - 11:51 UTC

  New 2009 high for oil while US dollar keeps sliding

  

  The price of oil has reached a new high for 2009, continuing its recent rise on the back of the weak US dollar and strong US company results. US crude settled up $1.08 at $79.61 in New York trading.

• Tuesday, October 20th 2009 - 07:48 UTC

  Gorbachov blasts Russian electoral system as a “joke”

  

  Mijail Gorbachov, the last Soviet president launched on Monday the strongest attack yet on Russian democracy saying that elections are a “joke” and the whole system is flawed.

• Tuesday, October 20th 2009 - 07:35 UTC

  Chinese economy performing better than expected

  

  The Chinese economy grew above 7% in the first nine months of the year and is poised to surpass the 8% expansion target for this year, according to a top official from the financial sector speaking in Beijing.

• Monday, October 19th 2009 - 12:31 UTC

  Gibraltar/Spain implementing practical aspects of “normal cooperation”

  

  A “hotline” between Gibraltar and Algeciras, Spain, for emergencies, the opening of a Cervantes Institute and cooperation in other fields were some of the results of the Forum for Dialogue on Gibraltar which met last Friday in the Foreign Office in London.

• Saturday, October 17th 2009 - 10:32 UTC

  FIFA orders disciplinary investigation into Maradona’s comments

  

  FIFA president Joseph Blatter announced Friday from Cairo that the disciplinary committee of the world organization would open a case on Argentine coach Diego Maradona’s comments following the qualifier victory over Uruguay last Wednesday.

• Saturday, October 17th 2009 - 10:27 UTC

  US criticizes China’s Yuan “rigidity” and reserves accumulation

  

  The US Treasury has criticised China for what it described as the lack of flexibility of the Chinese currency, the Yuan. It also criticised the rapid build-up of China's foreign exchange reserves in a report to the US Congress.

• Saturday, October 17th 2009 - 10:26 UTC

  UK Revenue looking into tax affaire of 27 Members of Parliament

  

  The tax affairs of 27 British Members of Parliament are being investigated following inspections of their taxpayer-funded expenses payouts, it has emerged. It follows a warning from the head of HM Revenue and Customs Dave Hartnett in July that politicians would be placed under increased scrutiny in the wake of the exposure of their claims.

• Friday, October 16th 2009 - 09:13 UTC

  Hong Kong apartment establishes new record price: 57 million USD

  

  A wealthy Chinese buyer has snapped up a luxury Hong Kong apartment for 57 million US dollars, thought to be a record price. The five-bedroom home is believed to be Asia's most expensive property - with each sq foot costing 9,200 USD.