Gibraltar Social Democrats would be returned to power with a comfortable 17-18 point lead if an election were held now, according to the results of an opinion poll conducted by marketing and PR company Copywrite Ltd.
The European Central Bank (ECB) left Eurozone interest rates on hold at 4% for the second month in a row. The Thursday decision however also anticipated that the ECB will be hiking rates next September or October
The Bank of England decided Thursday to leave the cost of borrowing at 5.75%. The Monetary Policy Committee (MPC) had been widely expected to keep rates on hold this month, as it waits to see the impact of the rises so far, but many economists predict rates will go up to 6% later this year.
Stock markets in United States fell heavily on Friday following a volatile week. The Dow Jones, which saw triple digit gains on Wednesday and Thursday, fell by 2.1%, 284.8 points, to 13,178.5. The Nasdaq lost 2.5% to 2,511.25 points.
British Airways has been hit with a record £121.5 million fine after it admitted to collusion over fuel surcharges on long-haul flights.
Oil prices are nearing an all time record after supply concerns on Tuesday lifted them above 78 US dollars a barrel, almost the 78.40 reached in the aftermath of the Lebanon conflict in July 2006.
The Organization of Petroleum exporting countries, OPEC, holds 77.2% of the world's proven reserves and 49.3% of natural gas, according to the latest Annual Statistical Bulletin for 2006, an anticipation of which was released this week in Vienna but will be officially presented on September 13.
British Airways will be suspending its daily winter flights between Madrid and Gibraltar, which were launched last May, given technical restrictions in both airports, announced local operator GB Airways. The last British Airways from Madrid to Gibraltar will take off September 30.
A Gurkha who is prepared to fight and die in battle for Britain should be allowed to stay in the UK, an immigration tribunal has been told. About 20 Gurkhas, many wearing medals and clutching their berets, sat quietly listening to legal arguments in a test case which could help decide whether 2,000 Gurkhas could settle in Britain.
For a sixth time this year China tightened credit on Monday in a new effort to cool its roaring economy, ordering banks to shrink the pool of money for lending by increasing their reserves.