The Australian government insists it will take international legal action against Japan if it doesn't stop whaling. And it will send surveillance boats to the Southern Ocean to monitor the Japan's annual whaling hunt if it needs to mount a legal case
French daily Le Monde named Brazilian President Lula da Silva Man of the Year for personifying a giant. It is the first time in its history the French publication has made this designation.
All nine members of the Bank of England's Monetary Policy Committee (MPC) voted to hold interest rates at its December meeting. Minutes from the meeting also showed that the MPC was unanimous in voting to maintain the £200bn quantitative easing (QE), or asset buying, programme.
The European Union, United States and the Organization of American States condemned the killing of Colombian governor Luis Francisco Cuellar, which has been attributed to the Marxist-inspired, drugs-funded Revolutionary Armed Forces of Colombia, FARC, the oldest guerrilla grouping operating in the country.
The United Kingdom has now lost 6% of its entire economic output in its longest ever recession, official figures have confirmed. The current slump is on a par with the 1980s recession which blighted former premier Margaret Thatcher's early years in power.
The Royal Air Force has signed a contract for the seventh C17 aircraft the UK Ministry of Defence announced Tuesday. The new strategic transport aircraft will add to a fleet that has seen heavy usage during recent operations in Iraq and Afghanistan.
A third credit ratings agency has downgraded Greek government bonds over concerns about the country's ability to reduce its high levels of debt. Moody's is the third of the three major international agencies to downgrade Greece, following similar moves by Fitch and Standard & Poor's.
China's GDP per capita is expected to climb to 4,000 US dollars by the end of next year, according to the 2010 social blue book issued Monday, reports Global Times.
China and Taiwan have signed the latest in a series of economic deals, amid some disquiet on the island at their ever-closer relationship. Chen Yunlin, China's top Taiwan envoy, agreed the deals with his Taiwanese counterpart on the second day of his four-day visit to the island.
The European Union has voted to extend tariffs on shoes from China and Vietnam in order to help European producers compete with cheaper imports. The tariffs, which were first introduced in 2006, will last for a further 15 months.
A number of countries in the EU were opposed to the extension.