United States beef is enjoying a huge turnaround in Korea with exports making a sharp leap thanks to the devastating foot-and-mouth (FMD) outbreak in the Asian peninsula, according to industry data released this week.
China's central bank said Tuesday it will increase key lending and deposit rates by a quarter percentage point, effective Wednesday. This is the third People’s Bank of China rise since last October, a move aimed at combating stubbornly high inflation.
The Egyptian government is struggling to finance itself as foreign investors pull out and the currency drops. It had to scale down a bond auction on Monday as state-owned banks failed to stump up enough cash.
Britain’s Prime Minister identified segregation and separatism as key issues behind the threat of Islamic extremism and called for a “shared national identity”.
Speaking at the Munich Security Conference PM Cameron stressed the difference between Islam as a religion and Islamic extremism as a political ideology, and said that Western countries need to confront extremism rather than practice a “hands-off tolerance”.
Brazil with a defence market described as “one of the fastest growing in the world” will be signing a defence agreement with the UK which should open the way for a deal worth “billions of dollars”, according to reports in the Brazilian and UK media.
“Obesity rates have doubled worldwide since 1980,” according to a study published Friday as part of a series in the Lancet that also looked at global blood pressure and cholesterol trends.
At least fourteen whales from a pod of more than 80 beached on the New Zealand coast have died, with officials fearing others may be stranded elsewhere after freeing themselves on Saturday.
The III South America/Arab (Aspa) countries leaders’ summit scheduled for mid February in Peru has been postponed announced in Cairo the Deputy Secretary General of the Arab League, Ahmed Ben Heli.
United States expects the Egyptian government to honour previous peace agreements with Israel regardless of who is in power, the White House said Friday.
China's appetite for luxury goods fuelled a record year for sales and profits at world industry No. 1 LVMH, (Louis Vuitton) prompting boss Bernard Arnault to say the market had entered a new growth cycle.