International

Tuesday, June 9th 2009 - 12:50 UTC
Spain to the rescue of banks with 9 billion Euros emergency fund

The Spanish government plans to set up a 9 billion Euros emergency fund to prop up the country's weakest banks if other measures fail, Finance Minister Elena Salgado said in a Sunday interview with Madrid’s ABC.
Tuesday, June 9th 2009 - 10:01 UTC
Air France pilots’ union demand replacement of speed sensors

An Air France labour union of pilots called on its members to refuse to fly Airbus A330s and A340s until the airline replaces speed sensors after investigators said the equipment probably played a role in June first Flighty 447 plane crash.
Tuesday, June 9th 2009 - 09:47 UTC
World military expenditure in 2008 totalled 1.46 trillion, up 45% since 1999

United States spent 607 billion US dollars on its military in 2008, accounting for 42% of the total world military expenditure for the year with China, France and the United Kingdom far behind, according to the 2009 Yearbook on Armaments, Disarmament and International Security, issued by Stockholm International Peace Research Institute, SIPRI, on Monday.
Tuesday, June 9th 2009 - 09:33 UTC
World celebrates “one ocean, once climate, one future”

The world’s oceans generate most of the oxygen we breathe, supply us with food, regulate our climate, clean the water we drink, and offer a pharmacopoeia of potential medicines.
Monday, June 8th 2009 - 14:04 UTC
World airlines 'face $9bn loss'

The global airline industry has nearly doubled its expected losses for the year to $9bn amid what it calls an unprecedented crisis.
Monday, June 8th 2009 - 13:33 UTC
Air France accelerating replacement of Airbus speed monitors

Air France has said it is accelerating replacement of speed monitors on Airbus planes following the disappearance of a jet over the Atlantic six days ago.
Monday, June 8th 2009 - 13:25 UTC
EU Parliament election: Centre right advances at expense of the left

Centre-right parties have done well in elections to the European Parliament at the expense of the left. Far-right and anti-immigrant parties also made gains, as turnout figures plunged to between 43 and 44%, according to the latest reports from BBC.
Monday, June 8th 2009 - 13:09 UTC
UK electorate furious: trounces Labour and main parties system

Britain’s ruling Labour party has suffered its worst post-war election result as it was beaten into third place by UKIP and saw the BNP gain its first seats at Brussels. Labour's share of the vote at the European elections was just 15.3% - worse than party bosses had feared.
Monday, June 8th 2009 - 13:04 UTC
British far right party gains first seat (former Labour) in EU parliament

British Primer Minister Gordon Brown's hopes of political survival have been dealt another blow as the far right British National Party achieved a major electoral breakthrough gaining their first seat in the European Parliament.
Monday, June 8th 2009 - 10:16 UTC
EC recommends UK/Spain “friendly accord” on Gibraltar waters dispute

Spanish diplomatic sources have said that the PSOE Government is willing to offer an agreement on the current dispute over Gibraltar territorial waters that sets sovereignty to one side and concentrates on issues of practical cooperation.