International

Friday, June 5th 2015 - 10:17 UTC
FAO's Food Price Index in May was down 20.7% from a year ago

Major food commodity prices declined again in May, hitting an almost six-year low as cereal prices fell substantially amid a favorable outlook for this year's harvests. The FAO Food Price Index averaged 166.8 points in May, down 1.4% from April and as much as 20.7% from a year earlier.
Friday, June 5th 2015 - 09:51 UTC
Nestle withdraws Maggi noodles from sale in India following 'lead content scare'

Food group Nestle has withdrawn Maggi noodles from sale in India due to “an environment of confusion for consumers”, following a food scare sparked by reports of excess lead in some packets of the popular instant snack.
Friday, June 5th 2015 - 09:23 UTC
The evolution of the oil weapon

In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare. Recently, the US has passed sanctions on countries such as Syria, Venezuela and North Korea, but the majority of energy related sanctions passed have been targeted at Iran and Russia.
Friday, June 5th 2015 - 06:33 UTC
Falklands: Cristina Fernandez met Snowden in Moscow to talk about UK spying on Argentina, reveals BAH

President Cristina Fernandez met with former US National Security Agency (NSA) contractor Edward Snowden when she visited Moscow in April, according to the Buenos Aires Herald. Snowden became world famous when in 2013 when he revealed the extent of Washington’s global Internet and phone surveillance.
Friday, June 5th 2015 - 04:27 UTC
Henry's handball blessed Ireland with US$ 5m and France a place in South Africa 2010

The latest revelations of allegations of irregular payments by FIFA have brought Ireland, South Africa and Venezuela under the spotlight. In effect a FIFA official has admitted Ireland received 5 million dollars in compensation for missing out on a place at the 2010 World Cup after a handball by player Thierry Henry gave France victory and a place in South Africa.
Friday, June 5th 2015 - 03:28 UTC
FAO conference to recognize efforts in lowering hunger and elect Director General

Some 130 ministers, 12 heads of state or government, including presidents from Argentina and Chile, Cristina Fernandez and Michelle Bachelet, plus numerous other high-level government representatives will be converging on Rome this week for the 39th session of FAO (Food and Agriculture Organization) governing Conference (6-13 June).
Thursday, June 4th 2015 - 08:17 UTC
Whistleblower Blazer admitted receiving bribes for hosts of 1998 and 2010 World Cups

Former FIFA executive committee member Chuck Blazer told a U.S. federal judge that he and others on the governing body's ruling panel agreed to receive bribes in the votes for the hosts of the 1998 and 2010 World Cups.
Wednesday, June 3rd 2015 - 02:06 UTC
Blatter resigns but says will remain in control until successor's election

Sepp Blatter, who four days ago was re-elected for a fifth four-year term as president of FIFA, the world football's governing body announced on Tuesday in Zurich that he would resign his position and lay down his mandate at an extraordinary elective congress to be held later in the year.
Tuesday, June 2nd 2015 - 06:01 UTC
Canadian tobacco companies ordered to pay 12bn dollars for failing to warn health risks

A Canadian court has ordered three tobacco companies to pay 15.5bn Canadian dollars ($12bn), the largest award for damages in the country's history. The plaintiffs were Quebec smokers who said the firms failed to warn them of health risks associated with smoking.
Tuesday, June 2nd 2015 - 05:18 UTC
FIFA scandal points to Valcke, as 'high ranking official' in US$ 10m transfer

The ongoing FIFA scandal has prompted FIFA secretary general Jerome Valcke to skip the opening news conference of the Women’s World Cup. As of Sunday evening, Valcke had been slated to attend Thursday’s event in Vancouver along with Canadian and other officials. But that changed Monday afternoon.