International

• Saturday, February 19th 2022 - 09:19 UTC

  Ahead of another major blunder, an Argentine haircut for the IMF

  

  By Willem H. Buitter – By approving an unprecedentedly large loan to Argentina in mid-2018, despite the country's failure to meet basic borrowing conditions, the International Monetary Fund committed a major blunder. Rather than compounding the mistake with another similar program, it should accept reality – and responsibility.

• Saturday, February 19th 2022 - 09:16 UTC

  Strong jump in global 2021 trade of goods and services ,to pre-Covid-19 level, UNCTAD report

  

  The United Nations Conference on Trade and Development UNCTAD has published the Global Trade Update report, which shows that in 2021, world trade in goods remained strong and trade in services finally returned to its pre-COVID-19 levels.

• Saturday, February 19th 2022 - 08:14 UTC

  US top leader in revenue from beef exports; Brazil leads in volume

  

  United States keeps breaking records and slowly taking the global beef exports leadership, at least in terms of revenue according to the latest figures from the US Department of Agriculture, USDA. A situation which is having its impact on Brazil, a longtime top of the list in beef exports.

• Saturday, February 19th 2022 - 08:03 UTC

  Audis, Porches and Lamborghinis adrift in the north Atlantic

  

  Some four thousand brand new models of Audis, Porches, and Lamborghinis are adrift in the North Atlantic, close to the Azores islands when the freighter carrying them caught fire and the crew had to be rescued.

• Friday, February 18th 2022 - 20:55 UTC

  Rebels evacuate Ukrainian civilians as violence escalates

  

  Pro-Russian separatists in East Ukraine have started evacuating civilians towards Moscow, as an all-out war looks more imminent by the hour, according to leaders from the self-proclaimed Luhansk People's Republic (LPR) and Donetsk People's Republic (LPR) Denis Pushilin and Leonid Pasechnik respectively.

• Friday, February 18th 2022 - 20:51 UTC

  Sanctions are coming up regardless, Putin says

  

  Russian President Vladimir Putin Friday downplayed the seriousness of threats from Western powers in case of an Ukraine invasion. He said the Western countries would impose sanctions on Russia anyhow.

• Friday, February 18th 2022 - 20:00 UTC

  G20 pledges US $ 60 bn to help poorest countries recover from COVID-19

  

  Finance Ministers and Central Bank Governors (FMCBG) of the G20 countries Friday agreed on the need to allocate US $ 60 billion to COVID-19 recovery efforts in the world's poorest countries, it was announced.

• Friday, February 18th 2022 - 09:55 UTC

  “The worst tragedy of our fishing fleet in 38 years”, Spanish Fisheries minister

  

  Spain's Fisheries Minister Luis Planas has called the sinking of the “Villa de Pitanxo“ off the coast of Canada the ”worst tragedy for our fishing fleet in 38 years”. At least nine sailors have died and a dozen remain missing after the vessel fishing for black halibut sank on Monday night early Tuesday some 450 kilometers from Newfoundland.

• Friday, February 18th 2022 - 09:17 UTC

  BAS joins project to overcome shortage of berths for scientific researchers in polar regions

  

  British Antarctic Survey has teamed up with the National Oceanography Centre and the University of Glasgow to champion the FindAScienceBerth project, funded by the Natural Environment Research Council. The project will open up more opportunities for early career researchers and technicians, particularly from traditionally excluded groups, to join science research cruises, breaking down barriers for conducting fieldwork in marine science.

• Friday, February 18th 2022 - 09:14 UTC

  Western powers fear all out war in Ukraine imminent after “false-flag” attack

  

  US Secretary of State Antony Blinken Thursday briefed the United Nations Security Council in New York about Russia's intentions of invading Ukraine and reaching its capital city of Kiev, despite Moscow's insistence there were no grounds for such concerns.