Spain has complained officially to Britain over next week's visit of Princess Anne to Gibraltar, labelling it as inopportune reported Tuesday the Gibraltar Chronicle. The Princess Royal is due to open a medical centre named after her but which Spain says is particularly sensitive to them because it is on the disputed isthmus.
Latinamerican growth will plunge strongly this year to 0.3% forecasted Pamela Cox, World Bank vice-president for Latinamerica and the Caribbean. Last September the WB forecast was 2.7%, in January it was down to 1% and now 0.3%.
European leaders in Berlin have agreed on the need to regulate all financial markets including hedge funds and underlined that a global solution was needed to the current financial crisis.
A Canadian Coast Guard vessel rescued on Sunday 22 fishermen from the frigid waters off Newfoundland on Sunday after the Spanish trawler Monte Galineiro caught fire and later sank.
Gordon Brown has won his first coveted meeting with Barack Obama as president of the United States, it was announced.
Swedish car maker Saab Automobile Friday was granted protection from its creditors so that it can be reorganized and said it will seek to separate from its owner, General Motors Corp.
Next month's visit to Gibraltar by the Princess Anne could derail the tripartite talks if it is a high profile one, according to a senator from the Spanish ruling party PSOE, reports the Gibraltar Chronicle.
British Primer Minister Gordon Brown has issued a warning to banks in Britain and around the world that they must end risky speculation and resume their traditional role as stewards of people's money.
Banking details of eight US clients of Switzerland's UBS bank have been sent to US authorities despite a Swiss court order blocking the move reported the Tribune de Geneve. But a request with a greater list of names seems doomed according to Swiss officials.
Germany has approved a 50 billion Euro stimulus plan aimed at boosting Europe's largest economy. The plan was approved by the upper house of parliament, which represents Germany's 16 state governments.