Scientists drilling deep into the edge of modern Antarctica have pulled up proof that palm trees once grew there. Analyses of pollen and spores and the remains of tiny creatures have given a climatic picture of the early Eocene period, about 53 million years ago.
Namibian cement company Ohorongo cement has secured a three-year contract with construction firm Basil Read for the supply of cement for the building of a new airport on the British overseas territory of St Helena in the South Atlantic Ocean, over 1900km from the Namibian coast.
The rating agency Standard & Poor’s said on Monday that local governments in Argentina are experiencing slower economic growth, high inflation, and difficulties financing their 2012 budget deficits.
HSBC has put aside 2 billion dollars to cover potential mis-selling claims and money-laundering fines as it announces a sharp rise in first-half profits.
The World Bank on Monday said it stood ready to help governments respond to a broad-based run-up in grain prices that has again put the world’s poorest people at risk and could have lingering detrimental impacts for years.
Super-yacht “A” recently paid a visit to Gibraltar joining a list of many famous yachts to call at the Rock. She is owned by Andrey Igorevich Melnichenko, a 40 year old Russian businessman and billionaire who was born in Belarus.
Support for Spanish Prime Minister Mariano Rajoy fell sharply in July after his government announced a new round of deep spending cuts and tax hikes to fight the sovereign debt crisis, an opinion poll showed.
Organisers fought to quell growing public outrage over empty seats across venues at the London Olympic Games where China has laid down an early marker with a world record win in the pool and a commanding early lead in the medals table.
Israeli ambassador in Uruguay Dori Goren said that the incorporation of Venezuela of Mercosur should “concern” the countries of the regional block given what he described as “Venezuelan support to Iranian agents that establish terror webs in the region”.
The US Department of Justice and securities regulators are probing potential violations by credit-rating agency Standard & Poor's in connection with its ratings of structured products, the company said this week.