
Finland-based Arctech Helsinki Shipyard has been contracted to build three icebreaking stand-by vessels for Russian shipping company Sovcomflot, for a total cost of 380 million dollars.

The European Commission (EC) has decided to sanction Spain and nine other Member States for exceeding their fishing quotas during the past financial year, and reduce their fishing opportunities for 2014. This measure is intended to repair the damage caused to resources and in this way ensure the sustainable capture of resources.

Uruguay will ask fellow members at the Unasur summit to be held in Montevideo later in the month to discuss the Gaza Strip situation, said Foreign minister Luis Almagro who next week will be meeting a delegation from the Palestine Authority. Almagro and president Jose Mujica have been questioned for using the words 'genocide' and 'massacre' to describe the Israeli offensive in Gaza.

One hundred years ago this month Sir Ernest Shackleton set sail from Plymouth on HMS Endurance at the beginning of the Imperial Trans-Antarctic Expedition (1914-17), also known as the Endurance Expedition.

US Federal Reserve Board Vice Chairman Stanley Fischer said that the economic recovery has been and remains “disappointing” and made it clear that he expects monetary policy to continue to play a significant role in encouraging growth in the future.

Leading economies are showing a steady growth trend overall, although Britain is doing particularly well and Japan and Germany are showing signs of losing pace, the OECD (Organization for Economic Cooperation and Development) said on Monday.

The FAO Food Price Index averaged 203.9 points in July 2014, down 4.4 points (2.1 percent) from a revised value in June and 3.5 points (1.7 percent) below July 2013. While meat prices rose for the fifth consecutive month and sugar remained firm, sharp declines in grains, oilseeds and dairy quotations pushed down the FAO Food Price Index to its lowest level since January 2014.

FIFA President Sepp Blatter has challenged his critics to “take the risk” and stand for election against him next year. Although he did not identify potential rivals in the ballot scheduled in May, he appeared to target UEFA President Michel Platini.

A new study has found that every step counts – literally – towards reducing the risk of cardiovascular disease. Heart healthy exercise, moreover, need not be either time-consuming or tiring. Scientists at Iowa State University found that running for just seven minutes daily, even at slow speeds, could help reduce the risk of dying from heart disease by up to 50%.

In what is being viewed as one of the most important discoveries in the battle against cancer, a major review of trials and studies has revealed that long-term use of low-dose aspirin reduces the risk of developing major cancers and dying from them by around one-third.