By Corina Goss (*) - Britain is hoping this weekend's referendum on the political status of the Falkland Islands will push the United States and other neutral governments off the fence in its territorial dispute with Argentina over the remote South Atlantic archipelago.
Prime Minister David Cameron was reprimanded by a budget watchdog for claiming that it did not see his austerity agenda as a drag on Britain's economy. In a speech on Thursday, Cameron said his deficit-cutting agenda was not responsible for the country's depressed growth rate which was instead caused by the financial crisis, the Euro zone's problems and higher oil prices - a view he said was endorsed by the independent watchdog.
By Sir Peter Westmacott (*) - Where in the world can you celebrate Margaret Thatcher Day with five kinds of wild penguins? Nowhere but in the Falkland Islands, a windswept archipelago in the South Atlantic that’s about the same area as Connecticut but has a population of only 3.100. This weekend, these small islands with a big personality face a momentous choice: a referendum to decide their political future.
Argentina blasted the UK over the coming Falkland Islands referendum claiming it is acting with ‘ill faith’ trying to introduce elements of distortion by changing the definition of the dispute under international law, despite all the pronouncements of the world community.
UK Defense budget cuts are rapidly becoming a controversial issue even among members of the current ruling coalition. An article from The Telegraph by Deputy Political Editor James Kirkup points out to reactions from the Commons Defense Committee to further pruning defense which would force Britain to break its promises to the NATO alliance and put the Special Relationship with the US at risk.
The UK Foreign secretary has paid tribute to Venezuelan President Hugo Chavez, who he said left a lasting impression on his country. Chavez, 58, died on Tuesday after being seriously ill with cancer, ending his 14-year rule.
The UK Financial Services Authority repeatedly failed to act on warnings that banks were trying to rig inter-bank lending rates (mainly Libor) at height of the financial crisis, according to an internal review published Tuesday by the regulator.
The Globe and Mail (*) editorial published Sunday, March - As a country that with some justice prides itself as a global beacon for democracy, the United States should abandon its equivocation over the status of the Falkland Islands and agree to throw its considerable weight behind the winner of the referendum asking Islanders whether they wish to remain a UK overseas territory.
The referendum on the fate of the Falkland Islands is a publicity stunt with no legal status, Argentina's ambassador to Britain said on Monday, warning that oil exploitation around the territory was impossible without better regional ties.
British Prime Minister David Cameron was under pressure after his Conservatives were beaten into third place in a key election last March first, by his scandal-hit coalition partners and a Euro-skeptic party.