The European Central Bank left its key interest rate on hold for the fourteenth consecutive month in July as the region's banks face stress tests to ensure the stability of the financial system that is threatened by investor fears about debt.
The Bank of England has kept UK interest rates on hold at a record low of 0.5% for the 16th consecutive month. The Bank's Monetary Policy Committee (MPC) also decided on Thursday not to inject any more money into the economy under its policy of quantitative easing (QE).
China’s central bank said on Thursday it will stick to a moderately loose monetary policy as economic growth becomes better balanced between consumption, investment and exports.
The UK National Farmers Union, NFU and Irish Farmers' Association have expressed concern about the reopening trade talks with the Mercosur group of South American countries because of the impact it could have on farmers.
Members of the European Parliament have set out their list of demands regarding the future shape of the EU common agricultural policy (CAP), insisting that EU farm payments should not be reduced.
The European Commission underlined the significance of negotiations for an association and trade agreement with Mercosur and promised EU farmers “accompanying measures” for those sectors most affected, if a deal with the South American block is finally closes.
United States Monsanto Co., the world’s biggest seed company, can’t use a European patent on its Roundup Ready soybeans to block Argentinean soy meal imports, the European Union’s highest court said Wednesday.
The maximum amount of melamine allowed in powdered infant formula is 1 mg/kg and the amount of the chemical allowed in other foods and animal feed is 2.5 mg/kg, according to new rulings from the United Nations' food standards body, Codex Alimentarius Commission.
Philippines-based Asian Development Bank (ADB) is encouraging developing economies in Asia and Pacific to boost their investment in the agriculture sector to address the widespread hunger and cushion billions of people from future spikes in food prices.
China ruled out the nuclear option of dumping its vast holdings of US Treasury securities but called on Washington to be a responsible guardian of the dollar.