CSIRO's Wealth from Oceans Flagship team has discovered hundreds of new marine species and dozens of undersea mountains, in a project to monitor the Commonwealth Marine Reserve Network off southern Tasmania.
Headlines: Party Conferences : PM Gordon Brown thanks Falklands for support; New airbridge in action; Tornado F3 flies south the easy way; Disappointed shearers return.
In a surprise move, which reverberated across the international community, Russia issued a four billion Euro state loan to Iceland. The statement on Russia's central bank website reads that the loan maturing in three-four years and an interest rate as low as 30-50 basis points above Libor has been given the green light by Prime Minister Vladimir Putin.
Shinning Path rebels ambushed a column of military trucks in the Peruvian south-eastern mountains with bombs and gunfire killing 12 soldiers and 7 civilians said Peru military high command. It's the deadliest rebel attack in years.
The Norwegian Nobel Committee announced on Friday the award of the Nobel Peace Prize for 2008 to former Finnish president Martti Ahtisaari for his important efforts, on several continents and over more than three decades, to resolve international conflicts.
Finance ministers from leading industrialised nations have pledged action to tackle the financial crisis after a torrid week on stock markets. The G7 nations said they would take decisive action and use all available tools, after a meeting in Washington.
They issued a five-point plan aimed at unfreezing the flow of credit.
The Group of Seven finance ministers and central governors released on Friday, following their meeting in Washington, the following plan of action to address financial disruptions
Following on a joint initiative from United States and Brazil the Group of 20, or G-20, will be holding an extraordinary meeting next Saturday in Washington to address the current financial global crisis and its impact on emerging economies.
Argentina proposed an urgent meeting of Mercosur country members to coordinate positions which would help address the impact of the current global financial crisis and its possible impact on the region.
Brazil's TAM announced this week its entry into the Star Alliance, the largest global alliance in commercial aviation, currently made up of 21 of the world's largest airlines and three regional companies that jointly operate more than 18,100 flights daily.