Stories for 2010

Thursday, October 14th 2010 - 06:08 UTC
Brazil to auction patches of Amazon forest to held combat illegal logging

Brazilian Government is to auction one million hectares of Amazon forest in an attempt to reduce the demand for illegal logging.
Thursday, October 14th 2010 - 06:01 UTC
RAF reacts ahead of UK defence review which anticipates deep spending cuts

A senior RAF officer has warned that cuts to military aircraft numbers would leave the United Kingdom vulnerable to attack. Air Marshal Timo Anderson, director general of the Military Aviation Authority, addressed MPs in a private talk, and gave a stark assessment on cuts expected to be outlined next week.
Thursday, October 14th 2010 - 05:58 UTC
President Obama and Democrats ratings fall ahead of November midterm election

United States President Barack Obama's approval rating fell to a new low of 43% since he took office, down from 47% last month, according to a Reuters-Ipsos national poll. Ipsos pollsters say it appears that much of that drop comes from Democrats whose approval of Obama fell to 70% from 78% last month.
Thursday, October 14th 2010 - 05:55 UTC
Germany warns China and the US: “currency war leads to a trade war”

China should make concessions to avoid escalating foreign exchange tensions turning into a trade war German Economy Minister Rainer Bruederle was quoted as saying on Wednesday.
Thursday, October 14th 2010 - 05:51 UTC
US Treasury Secretary sees “no risk” of global currency war

United States Treasury Secretary Timothy Geithner said he sees “no risk” of a global currency war and wants to maximize incentives for China to allow its Yuan to rise in value. He told the Charlie Rose Show in an interview that China would work against its basic development objectives if it kept its currency undervalued.
Thursday, October 14th 2010 - 05:46 UTC
China admits “currency war” spectre but responsibility is shared by G20

China is trying to avoid a currency war, but issues concerning any specific currency should not be treated as part of an agenda at G20 meetings, a Chinese G20 negotiator said.
Thursday, October 14th 2010 - 05:44 UTC
China’s forex reserves already world’s largest surge to 2.65 trillion USD

China's foreign exchange reserves, the world's largest, surged to US$2.65 trillion at the end of last month, adding fuel to complaints that the nation's curbs on gains in the Yuan are undermining the global recovery.
Thursday, October 14th 2010 - 05:37 UTC
Gold hits a new record as investors seek protection against sinking US dollar

World stocks jumped to a six-month high, gold hit another record, and the dollar weakened on Wednesday on expectations that the US Federal Reserve will further loosen monetary policy, boosting risk appetite.
Thursday, October 14th 2010 - 05:35 UTC
US farm exports forecasted to surpass the 2008 record of 115 billion US dollars

United States farm exports may surpass a 2008 record of 115.3 billion US dollars on surging corn, soybean and wheat prices, according to Joe Glauber, the US Department of Agriculture’s chief economist.
Thursday, October 14th 2010 - 05:32 UTC
Argentine farmers warn on deteriorating conditions for agriculture and livestock

The combination of policies from the Argentine presidential Kirchner couple and scarce rainfall have had devastating consequences for agriculture and livestock breeding, claimed Hugo Luis Biolcati president of the Argentine Rural Society, SRA, the country’s strongest farmers’ lobby.