Stories for 2014

Thursday, February 6th 2014 - 22:03 UTC
Bank of England leaves rates on hold; next week's inflation report could signal changes

UK interest rates have been kept unchanged at their record low of 0.5% by the Bank of England. The bank's Monetary Policy Committee, (MPC) also left the £375bn quantitative easing stimulus program unchanged. Analysts now hope that the Bank will use next week's inflation report to signal changes to its policy of forward guidance.
Thursday, February 6th 2014 - 21:58 UTC
Mercosur committee to meet next week to address tariffs' reduction proposal

A Mercosur technical committee will be meeting next week in Venezuela to elaborate the group's final tariffs reduction proposal to exchange with the European Union as part of the ongoing, but long delayed, negotiations to reach an ambitious free trade agreement, according to Brazil's foreign minister Luiz Alberto Figuereido.
Thursday, February 6th 2014 - 05:22 UTC
BP warns of 'big uncertainties' over possibility of Scotland becoming independent

Oil giant BP boss Bob Dudley has warned there are “big uncertainties” for the company over the possibility of Scotland becoming independent. Mr Dudley told the BBC the “question mark” over which currency Scotland might adopt if there was a 'yes' vote in September's referendum was “a concern”.
Thursday, February 6th 2014 - 05:14 UTC
UK unveils its latest and most modern and secret un-manned aircraft, Taranis

The most advanced aircraft ever built by British engineers made its maiden flight at an undisclosed test range on August 2013 under the command of BAE Systems test pilot Bob Fraser. According to the Ministry of Defense (MOD) the demonstrator Taranis aircraft made a perfect take-off, rotation, ‘climb-out’ and landing on its 15-minute first flight.
Thursday, February 6th 2014 - 05:06 UTC
Venezuela business organizations will challenge in court latest measures by Maduro administration

A leading Venezuelan businessman rejected a new presidential decree limiting the profit margins of companies, vowing to take the fight all the way to the country’s Supreme Court. The President of the Venezuelan Federation of Chambers of Commerce and Industry (Fedecámaras) Jorge Roig, announced he had the backing of his organization and other business leaders.
Thursday, February 6th 2014 - 04:58 UTC
Aquaculture will provide close to two thirds of global food fish by 2030, says FAO

Aquaculture, or fish farming, will provide close to two thirds of global food fish consumption by 2030 as catches from wild capture fisheries level off and demand from an emerging global middle class, especially in China, substantially increases.
Thursday, February 6th 2014 - 04:53 UTC
Last year was among the top ten warmest since modern records started in 1850

The year 2013 was among the top ten warmest years since modern records began in 1850, according to the World Meteorological Organization (WMO). It tied with 2007 as the sixth warmest year, with a global land and ocean surface temperature that was 0.50°C (0.90°F) above the 1961–1990 average and 0.03°C (0.05°F) higher than the most recent 2001–2010 decadal average.
Thursday, February 6th 2014 - 04:48 UTC
An only rare atypical case of L-type mad cow located and destroyed in Germany

German health authorities have picked up a rare atypical case of BSE in an aged cow, as part of routine screening work. A single animal from a group of 80 was found to have atypical BSE (L-type) after laboratory testing. Seven cohorts were destroyed as part of the examination, all found to be negative for BSE, following an epidemiological investigation.
Thursday, February 6th 2014 - 04:42 UTC
Uruguay 12-month inflation in January soars to 9.10%, as energy rebate ceases

Consumer prices in Uruguay during January soared 2.44%, according to the latest release from the stats office, INE, and the highest percentage since 2002. This means accumulated inflation in the last twelve months reached 9,10%, compared to the 8.52% for the twelve months of 2013.
Thursday, February 6th 2014 - 01:21 UTC
Queen Elizabeth II to meet Pope Francis in April during her visit to Italy

The Queen of England will meet Pope Francis at the Vatican in April during a visit to Italy. Queen Elizabeth II, the formal head of the Church of England, will meet with Pope Francis at the Vatican on April 3 during the one-day visit to Italy.