China's rate of inflation eased in August, after hitting a three-year high in July, according to the National Statistics Bureau. Consumer prices in the world's second largest economy rose 6.2% from a year earlier, down from 6.5% in July.
The UK National Farmers Union, NFU, has called on Asda supermarkets to change its labelling policy after it emerged that its meat marked ‘Hereford Prime Beef Sirloin Steak’ is sourced 6,800 miles away in Uruguay.
Argentina expressed gratitude to China for its permanent support of the Malvinas Islands sovereignty claim in the longstanding dispute with Britain.
China and Argentina have agreed to further enhance mutual trust and their strategic partnership as the two emerging economies are playing an increasingly important role in the world arena.
India and Uruguay signed this week a Double Taxation Avoidance Agreement (DTAA) for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income and capital.
A team of marine scientists is urging an end to most commercial fishing in the deep sea and instead recommending fishing in more productive and local waters. In their analysis published online in the journal ‘Marine Policy’, the team shows that all deep-sea fisheries are unsustainable.
The European Central Bank in Frankfurt confirmed in a Friday afternoon statement that its chief economist and executive board member Jürgen Stark had resigned due to personal reasons.
A group representing minority shareholders asked Spain’s CNMV stock market regulator to investigate the recent move by Mexican state oil company Pemex to double its stake in Spanish energy giant Repsol-YPF.
The UK will reinforce and expand its diplomatic presence in Latin America beefing up embassies and reopening others that have been closed in recent years, said Foreign Secretary William Hague.
The outlook for economic growth in developed countries has got much worse in the last three months, the OECD said Thursday, urging leaders of G7 and G20 countries to send strong signals to restore flagging confidence.