Politics

Wednesday, October 17th 2018 - 08:52 UTC
Another headache for the EU: Italy and its populist budget

Italy's government on Tuesday pushed the country closer to a showdown with the European Union after submitting its latest budget for review. The budget proposes increases both Italy's overall government debt and its deficit in the short run pushing the deficit as high as 2.4% of GDP over the coming years. This means Italy will fall foul of a previously mandated maximum deficit level of 0.8% of GDP.
Wednesday, October 17th 2018 - 08:51 UTC
Audi agrees to pay US$ 930m fine for rigging diesel vehicles

German luxury automaker Audi will pay a fine of roughly US$930 million to settle regulatory action in its home country for rigging some of its diesel vehicles with illegal software designed to defeat emissions tests, the company said on Tuesday.
Wednesday, October 17th 2018 - 08:45 UTC
Bolsonaro's foreign policy: following on Trump, “Make Brazil Great”

The far-right front-runner in Brazil’s presidential race plans to put foreign policy in the hands of a diplomat who has praised the nationalist agenda of U.S. President Donald Trump that has shaken the global order, an adviser to the candidate said.
Wednesday, October 17th 2018 - 08:34 UTC
Ireland is getting Brexit-ready and has earmarked funds in next year's budget

Ireland is stepping up preparations for physical infrastructure at ports and airports after Brexit, premier Leo Varadkar said. Irish ministers held detailed discussions in Dublin on Tuesday surrounding the hiring of customs officers and veterinary inspectors as well as the upgrading of IT systems.
Wednesday, October 17th 2018 - 08:25 UTC
Gibraltar Chief Minister confident UK/EU “moments away” from withdrawal agreement

Gibraltar, the UK and the EU are “moments away” from agreeing the terms of a protocol to include Gibraltar in any Withdrawal Agreement and transitional arrangements reached between the UK and the EU, Chief Minister Fabian Picardo said on Monday.
Wednesday, October 17th 2018 - 08:24 UTC
Jamaican economist will oversee Argentina's compliance of IMF accord

The International Monetary Fund has announced that Jamaican economist Trevor Alleyne will be the institution's representative in Argentina, after confirming it had decided to reopen an office in Buenos Aires, six years after leaving. The decision comes after Buenos Aires reached a deal with the IMF on the money supply, interest rates and an exchange rate framework.
Wednesday, October 17th 2018 - 08:18 UTC
Brexit summit: “no ground for optimism”, says Tusk; “stand together and firm” PM May tells cabinet

Donald Tusk has poured cold water on hopes of a Brexit breakthrough at Wednesday's EU summit, saying the Irish border was still a sticking point. The European Council president said he had “no grounds for optimism” it would be solved at the summit and called on Theresa May to come up with “concrete proposals” to break the “impasse”.
Wednesday, October 17th 2018 - 08:08 UTC
Falklands announces winners of the student competition to visit the Islands

The Falkland Islands Government and the British Embassies in Brazil, Argentina, Uruguay and Chile announce the winners of the 2018-2019 student competition to visit the Falkland Islands.
Wednesday, October 17th 2018 - 07:44 UTC
UK Antarctic Heritage Trust announces a new Port Lockroy team for 2018/19

The United Kingdom Antarctic Heritage Trust (UKAHT) is delighted to reveal details of the quintet who will live and work at Port Lockroy on a remote island off the Antarctic Peninsula during the 2018/19 Austral Antarctic summer (November – March).
Wednesday, October 17th 2018 - 07:12 UTC
Uruguayan coach makes history for Gibraltar football in the UEFA League

Gibraltar created football history on Tuesday October 16 when they claimed victory over Liechtenstein coming from 1-0 behind to win 2-1 in their fifth group 4 match in League D. The second consecutive victory in the same week was Gibraltar’s first official competitive win on home soil in front of a sellout crowd.