Damascus will continue to maintain ties with the countries south of the US, regardless of Washington's objections
General Motors CEO Ed Whitacre Jr. told analysts Tuesday that the automaker has changed since bankruptcy from a “shell-shocked” and “overly complicated company” to a sharply focused one that has a clearer sense of its global strengths and a passion to win back customers in the United States.
China and Taiwan have signed a historic trade pact, seen as the most significant agreement since civil war split the two governments 60 years ago. The Economic Co-operation Framework Agreement (ECFA) removes tariffs on hundreds of products. It could boost bilateral trade that already totals 110 billion US dollars a year.
The US dollar is an unreliable international currency and should be replaced by a more stable system, the United Nations Department of Economic and Social Affairs said in a report released Tuesday.
The UK Pavilion at the Shanghai Expo 2010 has scooped the prestigious RIBA (Royal Institute of British Architects’) Lubetkin Prize for the most outstanding work of architecture outside the European Union by a RIBA member.
Governments must slash budget deficits decisively and central banks should not wait too long to raise borrowing costs as side effects from measures prescribed to tackle the global recession may create the next crisis according to the Bank for International Settlements.
The European debt crisis is a key risk to the UK's banking sector and banks should build up their cash reserves in response, the Bank of England has warned. In its latest financial stability report, the central bank welcomed recent measures taken by the EU to stem the crisis.
Reducing the consumption of meat and dairy products and improving agricultural practices could decrease global greenhouse gas emissions substantially. By 2055 the emissions of methane and nitrous oxide from agriculture could be cut by more than eighty percent, researchers of the Potsdam Institute for Climate Impact Research find.
Argentine president Cristina Fernandez de Kirchner met with PM David Cameron in the framework of G-20 events in Toronto, Canada, but avoided talking about the Falkland Islands sovereignty dispute, according to Argentine media sources.
The Royal Malaysian Air Force's (RMAF) F-5E jet engines reported stolen two years ago have been brought back to the country from Uruguay.