A strong earthquake with a magnitude of 7.4 hit some 500 km (300 miles) southwest of New Zealand on Sunday, but there were no reports of damage and authorities discounted the risk of a major tsunami
Former French finance minister Dominique Strauss-Kahn was selected September 28 as the new Managing Director of the IMF. The IMF Executive Board said it selected Strauss-Kahn, 58, by consensus to succeed Rodrigo de Rato for a five-year term beginning November 1.
Officers from the United Nations Standing Police Capacity will undergo two weeks of training in transitional justice and other aspects of peacekeeping at the top police leadership centre in the United Kingdom from 8-19 October ahead of deployment to their first mission, revealed senior UN Police officers in New York.
The emergence of new players in the global market and shifts in the policies of gas and oil producers means that traditional conglomerates from industrialized nations are facing increasing competition in the race to access the world's reserves, revealed the United Nations agency on trade and development issues.
Inequality is one of the greatest threats to global stability and prosperity, the United Kingdom's Foreign Minister told the General Assembly, issuing a call to industrialized nations to meet their commitments on aid, genuinely reform the international terms of trade and play their part in tackling climate change.
Boeing forecasts that demand for air travel in Latin America will see the region buy more than 1,700 planes worth 120 billion US dollars over the next 20 years.
The liquidity crisis on global financial markets is easing and most of the world will emerge unscathed, with the exception of the United States, IMF Managing Director Rodrigo Rato said on Tuesday.
A new X-ray screening machine that can automatically detect explosives and liquids in passengers' hand luggage is to be introduced at the United Kingdom's main airports was announced this week in London.
Chile and Uruguay are the least corrupt countries in Latinamerica based on the annual Corruption Perceptions Index (CPI) by Transparency International released Wednesday. At the opposite extreme figures Haiti, Venezuela and Ecuador, with Brazil and Argentina in between.
World production of the top ten oilseeds is forecasted to register an unprecedented fall this season because of bad weather conditions during growth, according to Hamburg-based Oil World.