The amount of debt Britons owe fell for the first time since records began during July, figures show. People repaid £635 million more than they borrowed during the month, reducing outstanding lending to £1.456 trillion.
The Commonwealth has fully suspended Fiji after it refused to bow to demands to call elections by next year. Secretary General Kamalesh Sharma cited the Pacific island country's lack of progress towards democracy.
US car sales responded positively to the government's 3 billion US dollars Cash for Clunkers program, led by a 17% sales jump at Ford and higher sales from Japan auto makers Toyota and Honda. However General Motors, Chrysler and Nissan still reported lower sales.
PetroChina plans to acquire a majority stake in Canada’s Athabasca Oil Sands which holds the largest lease in Alberta’s oil sands. The 1.7 billion US dollars deal with Asia’s largest oil company means taking control of 60% of the 1.3 million acres of oil sand leases held by Athabasca.
Almost every day there is a new dire warning about global warming. But some claims regarding global warming are more extreme than others overselling the issue and can potentially damage the argument.
91 FAO Members have agreed on an international agreement to implement “port state measures” to combat illegal fishing.
British Consul General in Basra Iraq and biodiversity conservation expert Nigel Haywood will be the next Governor of the Falkland Islands and Commissioner for South Georgia and the South Sandwich Islands.
Venezuelan President Hugo Chavez said that his country will continue exporting oil to the United States because it is in interest. In a statement published in the Lima daily El Comercio that “many people don’t know” that Venezuelan state oil giant PDVSA, through its Citgo subsidiary, has seven large refineries and more than 10.000 service stations on US soil.
Argentina’s lack of action with regard to over fishing in its own waters and on the high seas was described as “environmentally irresponsible” at the fisheries sector of a public presentation on the Falklands Environmental Development Strategy (EDS) last week.
Uruguay submitted a summary of the official request to extend the limits of its continental shelf from 200 to 350 miles, --in accordance with the United Nations Convention on the Law of the Sea--, to the Commission on the Limits of the Continental Shelf, CLCS, which is holding its 24th session in New York.