Economy

Thursday, September 20th 2007 - 21:00 UTC
United States embargo has cost Cuba US$89B

Washington's 45-year-old embargo has cost Cuba more than US$89 billion to date, wreaking havoc on everything from primary education to pest control and nearly all other facets of island life, the foreign minister said Tuesday
Thursday, September 20th 2007 - 21:00 UTC
Portugal, EU president, backs trade deal with Mercosur

Portugal's president urged European and South American political leaders Thursday to make a fresh push toward concluding a long-delayed trade agreement between the two continents.
Thursday, September 20th 2007 - 21:00 UTC
US new Lincoln 'greenback' is purple and gray

A new $5 bill, with enhanced security features, will enter circulation in early 2008, a new $100 bill will follow but an official introduction date has not been set.
Thursday, September 20th 2007 - 21:00 UTC
Bank of England urges legislative review

Bank of England Governor Mervyn King has called for a legislative overhaul to help prevent a repeat of the Northern Rock banking crisis.
Tuesday, September 18th 2007 - 21:00 UTC
US Central Bank cuts interest rate to 4.75%

US interest rate-setters have decided to cut rates for the first time since mid-2006, from 5.25% to 4.75%, more than had been expected.
Monday, September 17th 2007 - 21:00 UTC
Greenspan in housing market warning

World-renowned economist Alan Greenspan has warned that Britain's housing market is set to turn and predicted a difficult time ahead for homeowners
Monday, September 17th 2007 - 21:00 UTC
UK: Farmers' auction off due to ban

Britain's biggest sale of breeding lambs has been cancelled because of restrictions on animal movements.
Monday, September 17th 2007 - 21:00 UTC
UK: Pioneering wave farm approved

The Government will give planning approval for the world's first large scale wave farm off the UK coast.
Monday, September 17th 2007 - 21:00 UTC
EU immigrant 'blue card' to attract skilled workers

The European Union's top justice official is advocating for the bloc to open it's doors to 20 million more immigrant workers over the course of the next two decades.
Monday, September 17th 2007 - 21:00 UTC
UK Government guarantees bank deposits

Ministers took dramatic action in an attempt to end the crisis at Northern Rock as Chancellor Alistair Darling announced the Government would guarantee all deposits with the bank.