Wadi Al-Hitan, Whale Valley, in the Western Desert of Egypt, which contains invaluable fossil remains of the earliest, and now extinct, suborder of whales, Archaeoceti received the official document which includes it in the UNESCO World heritage list.
U.S. Treasury Secretary Henry Paulson said in Tokyo that the global economy faces downside risks from the rout of capital markets that is serious and persisting but insisted he was convinced the US economy would continue to grow in 2008. At no time did he use the feared word recession.
Germany was the world's leading exporter for the fifth year running in 2007, staving off a challenge from fast-growing China despite the impact of a strong Euro on its competitiveness. German exports reached 969 billion Euros, 1.4 trillion US dollars in 2007, up 8.5% from 2006, according to Germany's Federal Statistics Office in Weisbaden.
Russia is among the seven leading economic powers of the world said Russian president Vladimiar giving his state of the nation address before the State Council for the last time. Putin did a recount of his eight years in office and set Russia's objectives for 2020.
Yahoo! Inc., owner of the second most used Internet search engine, rejected a $44.6 billion takeover offer from Microsoft Corp. as too low, pressuring the world's largest software maker to raise its bid.
Rio Tinto, one of the world's largest mining firms rejected on Wednesday a sweetened mega merger bid from BHP Billiton worth 147 billion US dollars. If the two companies had merged, a company would have been created that controlled one third of the world's iron-ore market.
The Bank of England cut interest rates 0.25 percentage points to 5.25% amid signs that the UK economy is slowing down. Fears over rising prices and balancing growth and inflation made the Thursday cut relatively soft.
Exxon Mobil Corporation, the world's largest oil company recently broke its own industry record for the longest extended-reach oil well: more than seven miles from the frigid shores of Sakhalin Island off Russia's east coast.
Fearing the risks to price stability over the medium term even when the economic fundamentals of the Euro area are sound, the European Central Bank (ECB) Governing Council kept this Thursday interest rates unchanged at 4%.
The Japanese body responsible for the annual whale kill in the Southern Ocean says the Australian media is using emotional propaganda to mislead the public.