Petrol prices in the United Kingdom are now at their highest level of the year, according to the AA. Average UK prices at the pumps are now 107.14p a litre - beating the previous 2009 high of 107.03p a litre on September 9.
Norway has become the first European country to raise its interest rates since the beginning of the global financial crisis. The country's central bank raised the cost of borrowing to 1.5% from 1.25% in a widely-expected move.
The man brought in by British Primer Minister Gordon Brown to clean up Parliament does not live in the real world, an MP has said. Sir Christopher Kelly, chairman of the Committee on Standards in Public Life, does not know the hours MPs work or what kind of job they do, said Conservative MP Roger Gale.
The European Commission has approved the Government's plans for splitting United Kingdom’s Northern Rock in two: a good bank and a bad bank. The good bank will continue Northern Rock's economic activities, while the bad bank will become in effect an asset management company running down the remaining toxic assets.
Alejandro Sanchez the newly elected mayor of La Linea, the Spanish city next to Gibraltar, has declared he wants to intensify cross border relations and foster increased contacts between groups, associations and professional bodies on both sides of the frontier.
The European Commission (EC) adopted a regulation establishing the implementing rules to combat illegal, unreported and unregulated (IUU) fishing. This norm had been approved in 2008 by the European Union (EU) ministers.
French President Nicolas Sarkozy announced a 650-million Euro exceptional aid plan for France's subsidized but still struggling farmers, along with one billion Euros in cheap loans. He also called on the European Commission to limit market speculation on agricultural commodities prices.
A team of Japanese scientists found the scientific reason for one of the rules of thumb about the pairing between wine and food: “Red wine with red meat, white wine with fish”.
The United States welcomes the rise in the Yuan's exchange rate in recent years but wants the currency to climb further, visiting Commerce Secretary Gary Locke said. However, a Chinese trade official said that despite pressure for the Yuan to appreciate, the currency would probably not see a major adjustment until the country's exports improve noticeably.
The final pieces are falling into place for “Oasis of the Seas” with the ship's future owners Royal Caribbean and homeport Fort Lauderdale in Florida State poised to introduce the world to the largest cruise ship ever built.