Politics

• Thursday, November 11th 2010 - 14:42 UTC

  Cervantes Institute opening in Gibraltar next December “inevitably” political

  

  Spain’s Instituto Cervantes director Carmen Caffarel has declared that the opening of a branch of the prestigious academic institute in Britain’s Overseas Territory Gibraltar, is “inevitably” due to political reasons, as a consequence of the Cordoba Agreements achieved by the Tripartite Forum (UK, Spain and Gibraltar).

• Thursday, November 11th 2010 - 11:41 UTC

  Transition processes in Argentina and Brazil seen from Washington

  

  The Washington Post in one of this week’s editorials referred to the ‘transition process’ going on in South America’s two largest economies, Argentina and Brazil, after almost a decade of populist leadership.

• Thursday, November 11th 2010 - 06:15 UTC

  Obama arrives in Seoul but a G-20 summit consensus still out of reach

  

  President Barack Obama tried to swing the G20 spotlight back onto global imbalances and take his own country's policies out of the glare as world leaders gathered in Seoul.

• Thursday, November 11th 2010 - 01:09 UTC

  Uruguayan officials with different visions how to address risk of “asset bubbles”

  

  As in most of the rest of the world, conflicting visions of the latest global monetary events and its impact on emerging economies have surfaced among Uruguay’s top officials responsible for the running of the economy and finances.

• Thursday, November 11th 2010 - 00:16 UTC

  Brazilian “competitive devaluation” risk for Uruguay’s exports

  

  A leading Uruguayan economist warned Wednesday about the risks of being highly dependent on Brazil for foreign trade, particularly since the Uruguayan economy could “be trapped in a competitive edge island”.

• Wednesday, November 10th 2010 - 14:42 UTC

  Upgraded HMS Edinburgh joins the fleet after £ 17.5 million refit

  

  A ceremony marking HMS Edinburgh’s return to the fleet after a £17.5m upgrade took place at Portsmouth Naval Base last week. The Portsmouth-based Type 42 destroyer - which was out of action for 18 months for the refit - was “re-Christened” in a colorful re-dedication ceremony in front of hundreds of guests.

• Wednesday, November 10th 2010 - 14:29 UTC

  RN flagship HMS Ark Royal sets sail for a farewell tour

  

  The Royal Navy flagship HMS Ark Royal, which was axed as part of the defence review, set sail yesterday for a farewell tour. The aircraft carrier is to be retired three years early as part of cost-cutting measures announced by the British Government last month.

• Wednesday, November 10th 2010 - 14:16 UTC

  Falklands government “satisfied and grateful” for UK level of defence

  

  The Falkland Islands government said Wednesday in an official statement that it is “satisfied and grateful for the levels of defence on the Islands”.
  The statement follows claims to the contrary from retired Royal Navy chiefs who argue the latest defence cuts make the Falkland Islands vulnerable to attack from Argentina.

• Wednesday, November 10th 2010 - 06:14 UTC

  Cuba prepares for the “orderly” elimination of ration cards effective since 1962

  

  The Cuban government is proposing the orderly elimination of the rations’ card according to a document prepared for the ruling party Communist Congress scheduled for April 2011.

• Wednesday, November 10th 2010 - 05:33 UTC

  Contrary to expectations China’s October trade surplus soars to 27.2 billion

  

  As world leaders prepare to debate international trade imbalances this week, China announced Wednesday that its trade surplus surged last month to a staggering 27.2 billion US dollars, a 61% increase over the 16.9 billion surplus in September.