Tag: United Kingdom

• Friday, July 8th 2011 - 06:00 UTC

  Bank of England leaves rates on hold at record low 0.5%

  

  The Bank of England's Monetary Policy Committee (MPC) has kept UK interest rates on hold at a record low of 0.5%. Economists had expected no move in rates because the latest data has shown the UK economic recovery remains weak.

• Thursday, July 7th 2011 - 07:11 UTC

  UK Supreme Court rules against Argentina in defaulted sovereign bonds case

  

  A hedge fund owner of defaulted Argentine debt can try to seize government assets held in Britain as it seeks to recover the full face value of the bonds, Britain's Supreme Court said in a ruling on Wednesday.

• Tuesday, July 5th 2011 - 18:50 UTC

  Brazil and UK discuss defence cooperation and Atlantic security in London

  

  Strengthening Brazil-UK defence cooperation agreement and building Atlantic and wider security are among the issues to be addressed by UK and Brazil during the three day visit of Defence minister Dr Nelson Jobim to Britain

• Saturday, July 2nd 2011 - 05:28 UTC

  London and Chilean stock exchanges are in the process of integration

  

  Finance Minister Felipe Larraín advanced efforts to integrate the Chilean and London stock exchanges during a recent visit to the United Kingdom. A delegation of government officials and business leaders accompanied the minister on his trip to promote foreign investment in Chile.

• Tuesday, June 21st 2011 - 05:50 UTC

  UK Deputy PM arrives in Brazil to promote trade and investment

  

  British Deputy Prime Minister Nick Clegg arrives Tuesday in Brazil with a numerous delegation of business leaders, academics and sports figures to promote bilateral trade with Latin America’s largest economy.

• Saturday, June 18th 2011 - 08:09 UTC

  Falklands’ “is not negotiable”; UK calls for talks with Argentina on other issues

  

  Britain again categorically rejected any Falkland Islands sovereignty negotiations with Argentina and reiterated that London’s position on the issue “has not changed at all”. However “as has been standing policy”, the UK is always ready to discuss issues of common interest in the South Atlantic.

• Thursday, June 16th 2011 - 15:10 UTC

  Falklands: Argentina deplores PM Cameron’s “regrettable act of arrogance”

  

  The Argentine Government said it “deplores that, in a regrettable act of arrogance, the United Kingdom claims to have the authority to ‘put an end’ to the unresolved conflict regarding the Malvinas Islands sovereignty, a case that is currently being recognized by the United Nations.”

• Wednesday, June 15th 2011 - 21:08 UTC

  Spain accuses Gibraltar before the C 24 of “colonialism by consent”

  

  Spain has told the United Nations Committee of 24 (C24) that despite the “impasse afflicting the Brussels process”, Madrid's goodwill allows regional co-operation with Gibraltar and UK to continue under the Tripartite Forum.

• Thursday, June 9th 2011 - 19:49 UTC

  Bank of England leaves rates unchanged to bolster recovery

  

  The Bank of England’s Monetary Policy Committee voted Thursday to maintain the official Bank Rate paid on commercial bank reserves at the record low 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion.

• Thursday, June 9th 2011 - 19:42 UTC

  Spain’s objective is sovereignty over Gibraltar, Minister Jimenez tells Parliament

  

  Spain's dealings with Gibraltar have the overriding objective of recovering sovereignty over the Rock, Spanish Foreign Minister Trinidad Jiménez told parliament in Madrid this week.