Former U.S. Federal Reserve Chairman Alan Greenspan said on Wednesday he feared a dramatic contraction in Chinese stocks but said the global economy may be able to shrug off a drop in asset prices. U.S. and Japanese stock markets slipped following his remarks.
While the anti-whaling lobby appears to be heading for a clear majority at next week's International Whaling Commission (IWC) meeting in Alaska opponents to Japan's scientific whaling programme say more needs to be done.
Toyota is launching cars that run on ethanol and gasoline in Brazil amid growing popularity of fuel-flexible vehicles in the nation.
On instructions from the Secretary of State, His Excellency the Governor formally appointed His Lordship Christopher Gardner QC as Chief Justice of the Falkland Islands on Monday 21 May 2007. Mr Gardner was sworn in by Acting Governor Mahala Wynns in the Turks and Caicos Islands on 22 May.
British Airways is expected to announce on Tuesday that it is joining a consortium led by Texas Pacific Group, the US private equity firm, to explore a takeover bid for Spain's Iberia airline.
Brazilian president Lula da Silva one day visit to Paraguay to sign several bilateral agreements and officially inaugurate the expanded capacity of the huge bi-national Itaipu dam along the Parana river was signaled by strong criticism from the local press.
Spain is investigating whether one of the world's biggest-ever finds of sunken treasure was plundered from its waters or from a shipwrecked Spanish galleon, the Madrid government said yesterday.
Whales, dolphins and porpoises are facing increasing threats from climate change, according to a new report published by Whale and Dolphin Conservation Society and World Wildlife Fund ahead of the 59th meeting of the International Whaling Commission.
President George W. Bush said this week he wants a United States citizen to succeed Paul Wolfowitz as president of the World Bank, playing down speculation he might turn to departing British Prime Minister Tony Blair for the job.
United States Treasury Secretary Henry Paulson urged China to address persistent trade and financial imbalances as bilateral high-level discussions kicked off in Washington.