Monday, September 27th 2010 - 18:26 UTC

China alleges ‘dumping’ and imposes 104% tariff on US chicken imports

Chicken are one of the few items that help to counter trade deficits with China

The Chinese Commerce Ministry said it would impose a 105.4% tariff on U.S. chicken exports after concluding they were unfairly priced. After a yearlong investigation, China concluded US exporters were selling chicken in China at prices that were lower than the costs of production, a practice known as product “dumping.”

Monday, September 27th 2010 - 17:47 UTC

Hague announces review of policy towards Overseas Territories

Foreign Secretary William Hague said France and UK regard their OT differently

UK Foreign Secretary William Hague announced a review of the overall approach of the coalition government towards the Overseas Territories and stated that contrary to France the UK does not regard OT as part of the home state nor has plans for such a move, reports Panorama.

Monday, September 27th 2010 - 15:10 UTC

Last airworthy Falklands ‘veteran’ Vulcan bomber running out of funds

The delta winged bomber was part of UK nuclear deterrent arsenal during the Cold War

The last airworthy Cold War British Vulcan bomber, and 1982 Falklands conflict veteran, could have made its final public flight on Sunday unless its owners can raise £400,000 by the end of October.

Saturday, September 25th 2010 - 05:02 UTC

FAO emergency meeting to address soaring prices of cereals

Wheat prices have soared 60-80% since July while maize spiked about 40%.

Experts from more than 75 FAO Member States agreed Friday that while there were no grounds for complacency, there was no indication of an impending world food crisis. They proposed exploring new measures to check food price volatility and manage associated risks.

Friday, September 24th 2010 - 01:18 UTC

Airlines recovery surprises and boosts profits but 2011 is forecasted as ‘austere’

Strong economic growth in South America has reflected in a boost of air freight, travel and profits

The International Air Transport Association (IATA) revised its 2010 industry outlook and is now projecting a profit of 8.9 billion US dollars (up from the 2.5 billion forecast in June), with Asia and Latinamerica leading. However, in its first look into 2011, IATA estimates that profitability will drop to 5.3 billion.

Thursday, September 23rd 2010 - 04:43 UTC

China and Peru top world list of fish tonnage caught, says National Geographic

A large tuna must eat the equivalent of its body weight every 10 days to stay alive

China leads the world in tonnage of fish caught annually as well as the amount of fish consumed, according to new findings reported in National Geographic magazine.

Wednesday, September 22nd 2010 - 15:54 UTC

Royal Navy: HMS Gloucester snub will not affect good relationship with Uruguay

The Type 42 destroyer based in Portsmouth is currently in the South Atlantic

The Royal Navy is “disappointed” with Uruguay's treatment of a warship heading to the Falkland Islands, but the incident will not affect “the good defence relationship with the Uruguayans, writes Michael Powell The News from Portsmouth Defence correspondent.

Wednesday, September 22nd 2010 - 15:08 UTC

Book reveals MI6 helped prevent communist revolution in Brazil in 1935

Professor Keith Jeffery poses for photographers with his book “MI6 The History of the Secret Intelligence Service 1909-1949

The most detailed and authoritative history of the first forty years (1909-1949) of the British Secret Intelligence Service, MI6, was released this week by the London publishers, Bloomsbury and in the USA by Penguin.

Wednesday, September 22nd 2010 - 07:32 UTC

US behind Brazil, China and India as preferred place to invest, says Bloomberg

A majority of respondents support Bernanke performance and the Fed’s policies

The United States has fallen behind emerging markets Brazil, China and India as the preferred place to invest, according to a survey from Bloomberg. The US ranked first three months ago in the last quarterly Bloomberg Global Poll.

Wednesday, September 22nd 2010 - 07:22 UTC

Gibraltar apologizes to Madrid for illegal police search in Spain

Chief Minister Peter Caruana: “an incorrect intervention”

The Gibraltar Government made public an apology to Spain at the weekend after a Madrid newspaper revealed that two Gibraltar policemen illegally searched a house in Alcaidesa and seized evidence without first informing the Spanish authorities.


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