The Organization of Petroleum Exporting Countries, OPEC, is preparing to implement another round of oil cuts beginning February first, satisfied with its decision to cut supply by 6% that has helped restore market balance.
An anti-whaling group patrolling the Ross Sea off Antarctica is offering a 25.000 US dollars reward to any person or group that can provide coordinates of the Japanese whaling fleet operating in the area.
British Airways averted a strike by flight attendants, reaching agreement on pay and sick leave hours before the two-day walkout was due to start Wednesday. The deal was finally nailed down after more than 120 hours of talks between the company and the Transport and General Workers' Union.
China's first strategic oil reserve base station has begun to be filled in Ningbo, Zhejiang province, according to reports from the country's National Development and Reform Commission (NDRC). This is the latest step in China's efforts to ensure a strategic oil reserve.
A majority of people in France, Germany, Spain and Italy feel the euro has hurt their economies, according to a poll published Monday in the Financial Times. The FT-Harris survey found more than half of citizens questioned in the big euro zone countries said they preferred their former currency.
United Nations marked Monday the annual International Day of Commemoration in memory of the victims of the Holocaust with an urgent appeal that the remembrance of the millions of Jews and others murdered by the Nazis serve to prevent new massacres, a rebuff for those who deny that the tragedy ever occurred, and moving testimony from survivors.
The White House confirmed Monday it will request Congress to renew the key trade negotiating authority that expires next July and said time was running short for countries to reach a new global trade deal.
Leaders from the world's main trading nations supported a quick resumption of the frozen Doha Round global trade talks after meeting in the framework of the World Economic Forum that ended this weekend in Davos, Switzerland.
United States president George Bush's popularity keeps plummeting following last week's state of the Union address, according to a survey published by Newsweek magazine.
The United Nations General Assembly on Friday condemned without reservation any denial of the Holocaust, with only Iran publicly disassociating itself from the consensus resolution which was immediately hailed by Secretary-General Ban Ki-moon.