Politics

Friday, May 25th 2012 - 06:45 UTC
UK reassures support for Gibraltar after major incident with Spain in the Rock’s waters

UK reassured support for Gibraltar following Wednesday night’s incident when several Spanish Guardia Civil vessels and a helicopter were involved in a tense standoff with the Royal Gibraltar Police, the Gibraltar Defence Police and the Royal Navy while the Spanish trawlers tried to cast nets in the Rock’s bay.
Friday, May 25th 2012 - 01:21 UTC
Argentina attacks WTO and US on trade issues at OECD ministerial round

In an offensive to counter recent attacks on Argentina’s restrictive trade policies, Foreign Minister Hector Timerman expressed at the World Trade Organization, WTO, his government’s concern with the current course of global negotiations which face the serious risk of abandoning the development goals agreed when the launching of the current Doha Round of negotiations back in 2001.
Friday, May 25th 2012 - 01:16 UTC
UK deeper in recession; IMF recommends more stimuli measures

Britain fell deeper into recession than initially thought in the first quarter of 2012 due to a slump in construction output, raising the likelihood that the Bank will opt to inject more stimuli to protect the economy from the Euro zone debt crisis.
Thursday, May 24th 2012 - 16:27 UTC
China to take measures to boost demand fearing economy slowdown

China has said it will take measures to boost demand and investment amid fears of a slowdown in its economy. The government said it will encourage private investment in sectors such as energy, railways and telecommunications.
Thursday, May 24th 2012 - 16:02 UTC
Falklands’ service to honour British Forces who lost their lives when landing for the recovery of the Islands

The Falkland Islands held a commemorative service to the memory of those who lost their lives thirty years ago when British Forces landed in the Islands for the final push against the occupying Argentine forces.
Thursday, May 24th 2012 - 05:40 UTC
Uninspired EU summit pledges support for Greece, but prepares for “Grexit”

European Union leaders pledged support for Greece on Thursday, vowing to keep the debt-wracked country in the Euro zone as officials prepared behind the scenes for a possible doomsday scenario of exit.
Thursday, May 24th 2012 - 05:27 UTC
Immigration has been sidelined in the US at the expense of human capital growth

Immigration has been sidelined by the US government at the expense of economic and human capital growth, according to New York Mayor Bloomberg who blasted the US government for becoming so worried about reelection and so partisan that “they don't consider immigration as an economic strategy”.
Thursday, May 24th 2012 - 05:03 UTC
Spain now tells Argentina “YPF is no more than a bump” in a long shared history

Spanish Foreign Minister José Manuel García-Margallo adopted on Wednesday a conciliatory tone towards Argentina for the first time after the YPF seizure by saying Argentina and Spain should hold “kindred nation” talks.
Thursday, May 24th 2012 - 04:59 UTC
Peruvian president expected in Chile for historic visit, but details are pending

The trip of Peruvian president Ollanta Humala to Chile next month to attend the Pacific Alliance summit is subject to an agreement on de-mining the shared border, announced on Wednesday from Lima Peruvian Foreign Minister Rafael Roncagliolo.
Wednesday, May 23rd 2012 - 19:27 UTC
Falklands’ economy “booming” in spite of Argentina’s efforts of a blockade

Despite desperate attempts from Argentina to deter potential investors and increased interference in Falkland Islands’ activities the objective of an economic blockade has not been achieved, said Governor Nigel Haywood on Wednesday in his ‘state of the nation’ annual speech to the Legislative Assembly.