The European Central Bank, ECB, decided Thursday to keep its key interest rate on hold at 3.5%, but pointed out that strong vigilance remains essential to ensure that risks to price stability over the medium term do not materialize.
The Bank of England left interest rates unchanged at 5.25% following a surprise rise last month. In January, the Bank increased rates from 5.0% to 5.25% in an attempt to curb inflation, which had hit an 11-year high of 3% the month before.
United States Federal Reserve Chairman Ben Bernanke said on Tuesday that while on average economic well-being has increased for US citizens the degree of inequality in economic outcomes has raised as well.
Rising demand for seafood and other marine produce will lead to a collapse of today's commercial fish stocks by 2050 unless better management is introduced, exemplifying the challenges facing Governments in a globalized world, according to a new United Nations report released Monday.
A report by a Committee of Eminent Persons advised the International Monetary Fund on Wednesday to sell 400 tons of its gold reserves as part of a new strategy to set the Fund's finances on a sustainable basis.
Tens of thousands of trade unionists, farmers and common citizens marched through downtown Mexico City on Wednesday to protest price increases for basic foods like tortillas, the staple of Mexico's poor.
The number of air travellers is expected to double by 2025, rising to more than 9 billion a year, a body representing the world's airports said on yesterday. The Airports Council International (ACI) predicted air freight would triple over the same period.
The world's leading climate scientists, in their most powerful language ever used on the issue, said global warming is very likely man-made, according to a new report obtained Friday by The Associated Press.
The United States Federal Reserve left Wednesday interest rates unchanged at 5.25% for the fifth time running based on firmer economic growth with the economy likely to expand at a moderate pace over coming quarters.
US President George Bush formalized Wednesday his announced request to the Democratic-led Congress to renew his fast-track authority (officially Trade Promotion Authority) for negotiating international trade agreements.