A group of researchers says that the closest known evolutionary cousin of whales, dolphins and porpoises is not the hippopotamus, as conventional wisdom has it, but an extinct deer-like animal roughly the size of a raccoon.
The European markets fell for the consecutive third day on Wednesday after European Central Bank President Jean-Claude Trichet signaled that faster inflation will prevent policy makers from cutting interest rates to ease the continuing crunch in the credit markets.
United Nations Secretary-General Ban Ki-moon today looked back on his busy first year in office, which took him to nearly 40 countries or territories on six continents to push for progress in four main areas – UN reform, climate change, human rights and the Millennium Development Goals (MDGs), and international security
The Bank of Japan has kept interest rates on hold at 0.5% amid worries over the global credit crisis and dips in domestic business confidence. The expected move came as the central bank revised down its economic growth forecast for Japan for the year to March 2008.
China's People's Bank (central bank) has raised interest rates for the sixth time this year, adding to its efforts to cool the country's surging inflation. The benchmark lending rate will rise to 7.47% from 7.29% with effect from Friday, while the main deposit rate will increase to 4.14% from 3.87%.
The United Kingdom's position on Gibraltar's territorial waters was made clear in unequivocal terms to a group of MPs charged with scrutinizing British foreign affairs, it has emerged, reports the Gibraltar Chronicle.
The World Bank says India and China are not what they are pumped up to be. The Bank has downsized the economies of the two Asian giants by nearly 40% under new metrics, which it says are more reliable and accurate than previous estimates
Earlier this week we published an article from the United Nations which expressed satisfaction with the recent Climate Change Conference in Bali, Indonesia. Basically the UN said that after the successful conclusion of the landmark conference in Bali, developed and developing countries alike must continue to build on the momentum generated by the meeting.
The Gibraltar Government has signed contracts for the purchase of a £3.4 million freehold property in London to house the Gibraltar Government Office.
The lead United Nations agency for information and communication technology (ICT) announced Tuesday the first set of global standards for providing television services over the Internet, a move that is expected to fuel innovation and competition in an emerging field.