China set up this week its third Antarctic research station, also the country's first on the continent's inland. Kunlun station was erected at Dome Argus (Dome A), the South Pole's highest icecap at 4,093 metres above the sea level, reports the Beijing press.
Every home in the UK is to have broadband internet access by 2012 under Government plans. Lord Carter's Digital Britain report proposed to scrap BT's obligation to ensure every home has access to a telephone line and replace it with a requirement to provide broadband
Germany's cabinet sealed a multi-billion stimulus package on Tuesday aimed at hauling Europe's biggest economy out of what is feared could be its worst slump for six decades.
Two law firms have filed a class action lawsuit in the United States against Spain's Banco Santander and one of its subsidiaries to recover money lost in an alleged $50 billion Ponzi scheme orchestrated by U.S. financier Bernard Madoff.
The United Kingdom is expected to suffer the worst slump of all advanced nations in the deepest recession since the Second World War, according to the latest International Monetary Fund (IMF) World Economic Outlook.
Credit and risk rating agencies have admitted errors were made when assessing some of the financial instruments that have been blamed for the credit crunch. Representatives of the three main agencies - Standard & Poor's, Fitch, Moodys - were grilled by the House of Commons Treasury Select Committee
International tourist arrivals in 2008 increased 2% over the previous year but with the advance of the global crisis the rate of growth in the second half came to a stand still and turned negative, a tendency which is expected to continue in 2009, --possibly between 0 and minus 2%--, according to the latest report form the World Tourism Organizations.
The economist whose recession warnings and calls for interest rate cuts were snubbed by Bank of England colleagues warned in an interview he feared UK unemployment could hit three million in a year's time.
Cautioning that the threat of genocide still remains over half a century after millions of lives were brutally cut short by the Holocaust, the United Nations human rights chief said the memory of its victims should serve as a reminder of the need to act quickly and decisively at the first signs of such crimes.
Britain's Leader of the Lords has pledged to toughen up anti-sleaze rules after four peers were engulfed in a cash-for-influence row. Baroness Royall launched two parliamentary inquiries in the wake of deeply shocking allegations that Labour members were ready to change legislation in return for money.