Ireland's parliament on Wednesday approved (81 to 75) a multi-billion Euro EU/IMF bailout package in the face of opposition threats to renegotiate the deal to force losses on some senior bondholders in Irish banks.
Argentina has surpassed neighbouring Brazil as the world's largest exporter of football players, a trend that may not be a good thing for the country's domestic game. Players had become assets to be sold off to repay club debts, one agent said, while the growing exodus of Argentina's best young players is leaving a void in the local game.
The International Air Transport Association (IATA) revised its industry outlook for 2010 to a net profit of 15.1 billion USD (up from the 8.9 billion forecast in September). Similarly IATA revised upwards its projections for 2011 to a net industry profit of 9.1 billion (up from the 5.3 billion forecast in September). However net margins remain weak at 2.7% for 2010 and falling to 1.5% in 2011.
Four countries, Australia, New Zealand, the Netherlands and United States have jointly expressed concern over confrontations between Japanese whaling ships and anti-whaling activists in Antarctic waters and called for responsible behavior by the two sides.
South Korea reported on Monday a further case of foot-and-mouth disease (FMD) in the south-eastern part of the country, according to Seoul's Ministry of Food, Agriculture, Forestry and Fisheries.
Seven Spanish fishing companies from Vigo that make up the Association of Fishing Communities and Joint Ventures (Acemix) plan to invest an estimated 120 million Euros in new ships to renew their fleet operating in third countries among which Namibia, Argentina, Senegal and the Falkland Islands.
The European Commission Agriculture and Fisheries Council meets Monday in Brussels to begin the discussion process of the Common Agriculture Policy proposals recently set out. In the fisheries chapter the Council is expected to reach a political agreement on two regulations fixing the fishing opportunities for 2011 regarding certain fish stocks and groups of fish stocks applicable
More new automobiles are expected to be sold in China this year than have ever been sold in any nation ever in a calendar year, beating the current record of 17.4 million units from 2000 in the U.S.
China will enhance and improve macro-economic regulation to ensure stable and healthy economic development in 2011, said a statement released Sunday in Beijing after the annual Central Economic Work Conference.
Leading OPEC producer Saudi Arabia said it still favoured a 70-80 US dollars price range for oil, a restatement of a two-year-old policy that will be welcomed by consumer nations worried that rising oil prices may get out of control and hamper global economic recovery.