International
InternationalGlobal pact banning cluster munitions comes into force
United Nations officials have expressed their delight at Sunday’s entry into force of the international convention banning the manufacture, use and stockpiling of cluster munitions, calling it a “major advance for the global disarmament and humanitarian agendas.”
Kuwait plans to open embassy in Montevideo to bolster trade
Kuwait and Uruguay signed several agreements to bolster bilateral relations during the visit to Montevideo of a high level delegation from the Middle East country. Kuwaiti authorities announced that the kingdom would soon be opening an embassy in Montevideo.
Egypt to sign free trade agreement at Mercosur summit in Argentina
Egypt will be signing a free trade agreement with Mercosur during the group’s presidential summit scheduled for next August 3 in Argentina, announced Friday the Egyptian trade minister on Friday.
China overtakes Japan as world’s second largest economy, says Beijing
China has overtaken Japan to become the world's second-largest economy behind the United States, the country's chief currency regulator and vice-governor of the People's Bank of China (PBOC) said this week.
Record unemployment in Spain reaches 20.09%, highest since 1997
Spain’s unemployment rate already the highest in the Euro region rose to the most in more than a decade in the second quarter: 20.09% up from 20.05% in the first quarter, according to the country’s National Statistics Institute. This is the highest since 1997.
Brutal slaughter of pilot whales in Denmark’s Faroe Islands
The disembowelled bodies of brutally slaughtered whales line a dockside just 230 miles from Britain - as families with children wander among them, according to a report from The Sun.
The 3.000 pax Celebrity Eclipse on her inaugural cruise to Gibraltar
An introductory plaque exchange ceremony took place on the new cruise liner Celebrity Eclipse when she made her inaugural call to Gibraltar this week.
NZ Trade Minister shares in Uruguay dairy farming could cost him the job
The financial dealings of New Zealand Trade Minister Tim Groser are under scrutiny amid revelations he owns thousands of shares in a Uruguayan-based dairy company that he actively promotes as part of his job, according to the NZ press.
Citibank agrees fine to settle charges it misled investors with high risk mortgages
Banking giant Citigroup has agreed to pay 75 million US dollars to settle civil charges that it misled investors over potential losses from high-risk mortgages. It agreed the settlement with US financial watchdog the Securities and Exchange Commission (SEC).
Berlusconi selling his Sardinia “love nest” for 450 million Euro
Italian Primer Minister Silvio Berlusconi is selling his ostentatious Villa Certosa in the island of Sardinia very much celebrated for some of the controversial private parties with prostitutes and teenagers he organized and were widely captured on film.
