Bank of England governor and the Chancellor of the Exchequer have clashed on what needs to be done to control banks and prevent a repeat of the financial crisis. In his annual Mansion House speech to the City, Mervyn King called for more authority to intervene in the actions of banks seen to be behaving riskily.
The expenses claims of every British Member of Parliament over the past four years have been published, after a string of scandals. Commons authorities say the database, which was due to be made public in July were posted online on Thursday.
Statement before the United Nations General Assembly 63rd Session, Special Committee of 24 on Decolonisation by the Honourable Janet Robertson, member of the Falkland Islands Legislative Assembly, 18 June 2009.
Statement before the United Nations General Assembly 63rd Session, Special Committee of 24 on Decolonisation by the Honourable Richard Stevens, member of the Falkland Islands Legislative Assembly, 18 June 2009.
Falkland Islands elected representatives called on the United Nations Decolonization Committee to acknowledge the Islanders right and wishes to self determination, based on the ethos and principles of the UN charter, and suggested updated re-examination of criteria for delisting the non self governing territories.
Falkland Islands Legislative Assembly elected member Mike Summers said the Argentine government has shown no willingness to discuss with the Falkland Islanders and went on to describe Argentina as resembling “a dictatorship with elections”.
The president of the United Nations General Assembly is “well informed” on the Malvinas Islands issue and is a “strong defender of Argentine rights (over the Falkland Islands) and very much personally interested in all the claim process which Argentina has been intensifying”, said Argentine Foreign Secretary Jorge Taiana in New York.
The US government has announced a major reform of banking regulation to prevent future financial crises. The overhaul will require big banks to put more money aside against future losses to curb excessive risk taking.
Peru's government is moving toward reconciliation with the indigenous peoples after two months of rioting and protest that left over fifty people dead. The government of President Alan García wants to delay the implementation of two plans to open parts of the Peruvian Amazon to foreign investment.
A British minister has quit the Government after allegations that she avoided paying up to £17,000 in capital gains tax by flipping her second home. Kitty Ussher said she had not done anything wrong, but was quitting as Exchequer Secretary to avoid causing embarrassment to Gordon Brown.