The US dollar tumbled to yet another new low against the Euro and oil prices rose to a record 92 US dollars per barrel on fears over supplies for the northern hemisphere winter months ahead.
Britain will not enter into a process of sovereignty negotiations with which the people of Gibraltar are not themselves first content. That was the message from Jim Murphy the new British Minister for Europe at the Foreign Office to over 1,200 people gathered at the Guildhall in London for Gibraltar Day last Monday October 22.
The Chilean Congress Lower House Defence Committee arrived Thursday in Antarctica to strong gusts and freezing temperatures and with the purpose of exercising Chilean sovereignty in the midst of a growing controversy over off Antarctica sea bed claims.
The United Kingdom remains vulnerable to further fallout from the recent credit crunch that has gripped world markets, a Bank of England report warns. BoE said British sub-prime borrowers could encounter problems obtaining credit because banks faced higher borrowing costs.
China's booming economy has grown by 11.5 percent in the third quarter, slightly less that the 11.9% of the previous quarter. Beijing efforts to slow the rapid expansion. The continued growth has put China on track to surpass Germany as the world's third largest economy, by as early as December.
The Finnish-Swedish forest products group Stora Enso reported Thursday a third quarter loss and announced plans to cut production by closing mills in Finland and Sweden which will mean the loss of 1.700 jobs.
The president of the European Commission (EC), Jose Manuel Durao Barroso, has emphasised that the fight against environmental deterioration of the oceans and seas is an urgent matter and that Brussels will impose new measures in the case that the current policies are insufficient or inefficient.
The world's largest jetliner made aviation history Thursday, completing its first commercial flight from Singapore to Sydney with 455 passengers, some of them ensconced in luxury suites and double beds.
China last August became the world's leading exporter overtaking Germany, according to information from the World Trade Organization. China's exports totaled 111.4 billion US dollars and the until that moment leader, 105.8 billion.
For the second year running London is Europe's top city in terms of prospects for economic growth in an overall outlook for European property which is described as good despite the credit crisis, according to the ninth European regional Economic Growth Index released Tuesday by LaSalle Investment Management.