International

Thursday, November 3rd 2011 - 14:47 UTC
ECB under new president Draghi lowers interest rate 25 points to 1.25%

The European Central Bank cut its main interest rate by 25 basis points to 1.25% as the Euro zone's worsening debt crisis outweighed the concern over persistently high inflation.
Thursday, November 3rd 2011 - 08:17 UTC
BRICS ‘leaders scheduled to decide on common stance before the G20 summit'

Brazilian president Dilma Rousseff said that solutions to European and global economic difficulties need to promote economic growth and employment. Ms Rousseff arrived Wednesday in France for the summit of G-20 leaders this week, but before will be meeting with peers from the BRICS group to work out a common stance.
Thursday, November 3rd 2011 - 08:09 UTC
Greek surprise freezes China’s commitment to the Euro plan

China has said it cannot commit to investing in the European Financial Stability Fund (EFSF) until the situation with Greece has been clarified. European leaders hoped that China would buy EFSF bonds, injecting capital in the region's financial markets.
Thursday, November 3rd 2011 - 07:49 UTC
Obama recovers position as the most powerful person in the world, says Forbes

US President Barack Obama has regained the top spot in Forbes magazine's list of the world's most powerful people, edging out Russian Prime Minister Vladimir Putin and last year's winner, Chinese President Hu Jintao, who slipped down to third.
Thursday, November 3rd 2011 - 07:45 UTC
Sarkozy tells the Greeks: shape up or ship out from the Euro zone

Greece will receive no more European bailout aid until it has put an end to uncertainty and agreed to meet its commitments to the Euro zone, the leaders of France and Germany said on Wednesday.
Thursday, November 3rd 2011 - 01:35 UTC
UN publishes blueprint for ocean and coastal sustainability

Four United Nations organizations presented a project to preserve oceans and coastal areas threatened with environmental degradation. The document, released during the XXXVI UNESCO General Conference, warns of the danger faced by large aquifers, which play the role of climate regulators and are food sources and support for the economy of millions of people.
Wednesday, November 2nd 2011 - 20:38 UTC
UK court rules WikiLeaks’ founder should be extradited to Sweden

WikiLeaks' founder Julian Assange should be sent to Sweden from Britain to face questioning over alleged sex crimes, London's High Court ruled Wednesday, rejecting his appeal against extradition.
Wednesday, November 2nd 2011 - 20:35 UTC
Germany/France lashes out at Papandreou and establish mid-December deadline

Germany and France told Greece on Wednesday it should make up its mind by mid-December whether it wants to stay in the Euro zone when Greeks vote on a 130-billion-Euro bailout.
Wednesday, November 2nd 2011 - 04:48 UTC
Canada freezes contributions to UNESCO, following vote on Palestine

Canada will not contribute more to UNESCO to make up for a shortfall after the US cut its funding over the Palestinians joining the UN cultural body, Foreign Minister John Baird said Tuesday.
Wednesday, November 2nd 2011 - 04:27 UTC
Canada fears the virulent strain of ISA could be spreading to wild salmon

Wild-salmon advocates in Canada fear that tests showing a serious virus in one Fraser River coho and two wild sockeye salmon mean the European strain of infectious salmon anaemia (ISA) could be spreading through British Columbia's wild-salmon runs.