Carbon dioxide is not the only greenhouse gas that worries climate scientists. Airborne levels of two other potent gases _ one from ancient plants, the other from flat-panel screen technology _ are on the rise, too. And that has scientists wondering about accelerated global warming.
IMF Managing Director Dominique Strauss-Kahn has been cleared of harassment, favoritism and abuse of power after an affair with a colleague.
Britain is better prepared than other countries to weather the global economic storm, Gordon Brown has insisted despite the UK recording its worst economic performance for 18 years.
Unable to form a new coalition government, Kadima Party leader Tzipi Livni said Sunday she has asked Israeli President Shimon Peres to hold early general elections.
Asian and European leaders have called for comprehensive reform of the global financial system. Ending a summit in Beijing, they also urged the International Monetary Fund (IMF) to play a greater role in helping countries hit by the market turmoil. UN chief Ban Ki-moon called for action to help affected developing nations.
Asian and European leaders called for a concerted effort to weather a financial crisis that originated from the United States and has now spread globally as the 7th Asia-Europe meeting opened on Friday.
Crude prices plunged Friday despite a hefty OPEC cut in production as recession fears gripped global markets in panic, heightening concerns about declining energy demand. New York's main contract, light sweet crude for December delivery, tumbled to 64.15 USD a barrel, down 3.69 from its close Thursday.
East Asian nations have pledged to set up an 80 billion US dollars swap scheme by mid-2009 to help protect the region from financial turmoil. The move by the 10-member Association of Southeast Asian Nations (Asean) is backed by South Korea, China and Japan.
The International Monetary Fund, which has announced its readiness to act in support of nations hit by fallout from the global financial turmoil, is holding talks with several countries about possible new lending programs. According to an official release IMF has 200 billion US dollars ready for loans.
In spite of strong lobbying from Beijing the European Parliament prestigious Sakharov Prize for Freedom of Thought was awarded to a Chinese human rights activist and political dissident.