International

Tuesday, January 6th 2015 - 07:41 UTC
US oil price falls below 50 dollars threshold, and markets decline sharply

$US oil production has soared recently, as fracking has revolutionized oil production in the country$

The US oil price fell below the symbolic threshold of $50 a barrel for the first time since April 2009, before finishing the day at $50.05. The price of Brent crude also fell on Monday, dipping 6% to $53 a barrel.
Tuesday, January 6th 2015 - 07:24 UTC
Germany' growing consensus to let Greece drop out of the Euro block

Germany has said it will not be “blackmailed” into renegotiating Greece’s rescue program should a new hard left government take office after elections later this month. The Euro dropped to a nine-year low after a report in Der Spiegel magazine on Monday that Berlin was no longer opposed to Athens leaving the currency bloc.
Tuesday, January 6th 2015 - 07:14 UTC
Rockhopper awarded exploration licence with ENI, in Croatian Adriatic

The British company Rockhopper Exploration, with interests in the Falkland Islands, has been awarded a licence to explore, together with Italy's Eni, a field for possible oil and gas exploitation in the central part of the Croatian Adriatic.
Tuesday, January 6th 2015 - 06:45 UTC
Falklands' waters chosen to experiment Taiwanese high-tech jigger

An energy-efficient squid fishing-vessel sponsored by Taiwan's Council of Agriculture (COA) is heading to the southwestern Atlantic Ocean, north of the Falkland Islands, on its maiden voyage, to begin a six-month testing phase and examine the efficacy of its arrays of light emitting diodes (LED) for catching squid.
Sunday, January 4th 2015 - 06:39 UTC
Most types of cancer traced to 'bad luck' rather than risk factors, say scientists

Most types of cancer can be put down to bad luck rather than risk factors such as smoking, a study has suggested. US teams were trying to explain why some tissues were millions of times more vulnerable to cancer than others.
Saturday, January 3rd 2015 - 08:02 UTC
Euro becomes the official currency in Lithuania: 19th member of the zone

The Euro entered circulation in Lithuania on New Year, bringing the number of European Union (EU) Member States using the single European currency to 19. The European Central Bank (ECB) announced that Lithuania also joined its banking supervision under the Single Supervisory Mechanism.
Saturday, January 3rd 2015 - 07:56 UTC
Dragui remarks makes Euro fall to its lowest against the dollar since June 2010

The euro fell Friday to a 4 ½-year low against the dollar after European Central Bank President Mario Draghi indicated the bank could soon back a government bond-buying program to deal with alarmingly low inflation across the 19-country Euro-zone.
Saturday, January 3rd 2015 - 06:54 UTC
Top French economist refused to accept the Legion d'Honneur

France's influential economist Thomas Piketty, author of the bestseller “Capital in the 21st Century”, refused to accept the country's highest award, the Legion d'Honneur, arguing it is not the government's job to decide who is honorable and criticizing policies of the current Socialist administration.
Friday, January 2nd 2015 - 05:33 UTC
Pope calls for end to modern slavery and human trafficking in first 2015 Mass

In his first mass of 2015 Pope Francis has urged people of all religions and cultures to unite to fight modern slavery and human trafficking, saying that everyone had a God-given right to be free. The service at St. Peter's Basilica marks the Roman Catholic Church's World Day of Peace. This year's theme is “No Longer Slaves, but Brothers and Sisters.”
Friday, January 2nd 2015 - 05:19 UTC
Venezuela takes its seat at the UN Security Council replacing Argentina

As of January first Venezuela is holding a non-permanent seat at the UN Security Council for two years (2015-2016). In such position, the government will have to take a stance on global issues, based on its “multi-center, pluri-polar world” approach.