US Federal Reserve Board Vice Chairman Stanley Fischer said that the economic recovery has been and remains “disappointing” and made it clear that he expects monetary policy to continue to play a significant role in encouraging growth in the future.
Leading economies are showing a steady growth trend overall, although Britain is doing particularly well and Japan and Germany are showing signs of losing pace, the OECD (Organization for Economic Cooperation and Development) said on Monday.
The FAO Food Price Index averaged 203.9 points in July 2014, down 4.4 points (2.1 percent) from a revised value in June and 3.5 points (1.7 percent) below July 2013. While meat prices rose for the fifth consecutive month and sugar remained firm, sharp declines in grains, oilseeds and dairy quotations pushed down the FAO Food Price Index to its lowest level since January 2014.
FIFA President Sepp Blatter has challenged his critics to “take the risk” and stand for election against him next year. Although he did not identify potential rivals in the ballot scheduled in May, he appeared to target UEFA President Michel Platini.
A new study has found that every step counts – literally – towards reducing the risk of cardiovascular disease. Heart healthy exercise, moreover, need not be either time-consuming or tiring. Scientists at Iowa State University found that running for just seven minutes daily, even at slow speeds, could help reduce the risk of dying from heart disease by up to 50%.
In what is being viewed as one of the most important discoveries in the battle against cancer, a major review of trials and studies has revealed that long-term use of low-dose aspirin reduces the risk of developing major cancers and dying from them by around one-third.
A spokeswoman for the U.S. State Department said the United States would not permit the International Justice Court in The Hague to hear Argentina's claims that U.S. court decisions had violated its sovereignty.
Fifty years ago, a controversial confrontation in the Gulf of Tonkin between the United States and North Vietnam forces set the stage for what eventually became US involvement in the Vietnam War.
The Duke of Cambridge is to become an air ambulance pilot next spring, it has been announced. Kensington Palace said Prince William will join the East Anglian Air Ambulance flying both day and night shifts. It will become his main job, but his rota will take into account any duties he will continue to undertake on behalf of the Queen.
The European Central Bank will consider the impact of future lawsuits and fines in its review of whether the Euro zone's 131 most important lenders have enough capital to withstand another recession.