Politics

• Friday, February 7th 2014 - 06:59 UTC

  Falklands trip by Uruguayan lawmakers condemned by Argentine embassy

  

  The Argentine embassy in Montevideo through a “Forum Malvinas Uruguay” release “totally rejected” the decision from a group of Uruguayan lawmakers, representing all parties in parliament, accepting an invitation from the British embassy to visit the Falkland Islands.

• Friday, February 7th 2014 - 06:42 UTC

  Malvinas recovery needs of a State policy argues Argentine opposition leader

  

  The superficialities and inconsistencies of the last Justicialista governments (Presidents Carlos Menem, Nestor Kirchner and Cristina Fernandez) have facilitated the consolidation of British presence in the South Atlantic and this will continue unless the Argentine political system agrees on a state policy regarding the recovery of the Malvinas Islands.

• Thursday, February 6th 2014 - 22:28 UTC

  Making Spanish workers to queue to access Gibraltar is “curious”

  

  Britain’s ambassador to Spain has expressed concern about continued queues at the border between Gibraltar and Spain. Speaking to reporters during a visit to the Canary Islands, Simon Manley said the queues were “curious” given Spain’s high unemployment and the fact that many Spanish workers were caught up in the delays.

• Thursday, February 6th 2014 - 22:03 UTC

  Bank of England leaves rates on hold; next week's inflation report could signal changes

  

  UK interest rates have been kept unchanged at their record low of 0.5% by the Bank of England. The bank's Monetary Policy Committee, (MPC) also left the £375bn quantitative easing stimulus program unchanged. Analysts now hope that the Bank will use next week's inflation report to signal changes to its policy of forward guidance.

• Thursday, February 6th 2014 - 21:58 UTC

  Mercosur committee to meet next week to address tariffs' reduction proposal

  

  A Mercosur technical committee will be meeting next week in Venezuela to elaborate the group's final tariffs reduction proposal to exchange with the European Union as part of the ongoing, but long delayed, negotiations to reach an ambitious free trade agreement, according to Brazil's foreign minister Luiz Alberto Figuereido.

• Thursday, February 6th 2014 - 05:22 UTC

  BP warns of 'big uncertainties' over possibility of Scotland becoming independent

  

  Oil giant BP boss Bob Dudley has warned there are “big uncertainties” for the company over the possibility of Scotland becoming independent. Mr Dudley told the BBC the “question mark” over which currency Scotland might adopt if there was a 'yes' vote in September's referendum was “a concern”.

• Thursday, February 6th 2014 - 05:14 UTC

  UK unveils its latest and most modern and secret un-manned aircraft, Taranis

  

  The most advanced aircraft ever built by British engineers made its maiden flight at an undisclosed test range on August 2013 under the command of BAE Systems test pilot Bob Fraser. According to the Ministry of Defense (MOD) the demonstrator Taranis aircraft made a perfect take-off, rotation, ‘climb-out’ and landing on its 15-minute first flight.

• Thursday, February 6th 2014 - 05:06 UTC

  Venezuela business organizations will challenge in court latest measures by Maduro administration

  

  A leading Venezuelan businessman rejected a new presidential decree limiting the profit margins of companies, vowing to take the fight all the way to the country’s Supreme Court. The President of the Venezuelan Federation of Chambers of Commerce and Industry (Fedecámaras) Jorge Roig, announced he had the backing of his organization and other business leaders.

• Thursday, February 6th 2014 - 04:42 UTC

  Uruguay 12-month inflation in January soars to 9.10%, as energy rebate ceases

  

  Consumer prices in Uruguay during January soared 2.44%, according to the latest release from the stats office, INE, and the highest percentage since 2002. This means accumulated inflation in the last twelve months reached 9,10%, compared to the 8.52% for the twelve months of 2013.

• Thursday, February 6th 2014 - 01:21 UTC

  Queen Elizabeth II to meet Pope Francis in April during her visit to Italy

  

  The Queen of England will meet Pope Francis at the Vatican in April during a visit to Italy. Queen Elizabeth II, the formal head of the Church of England, will meet with Pope Francis at the Vatican on April 3 during the one-day visit to Italy.