International

Wednesday, April 28th 2010 - 03:18 UTC
Delayed Planned Bailout Forcing Greece Closer to Technical Default

Shares across the globe fell sharply after German chancellor Angela Merkel said bond investors in Greece may have to take a hit even if a bail-out is agreed. With Merkel facing increased domestic opposition to the planned bailout and with elections imminent she has been talking tough, demanding Greece pay higher interest on any money it borrows than was originally agreed.
Wednesday, April 28th 2010 - 01:50 UTC
World Seafood Industry Employs 45 Million and 500 Million Live from Fish Income

New regulations, such as retailers’ requirement that fish must be certified as sustainable, and the impact of the global economic crisis are affecting the seafood industry, especially producers in developing nations, according to the United Nations Food and Agriculture Organization FAO.
Wednesday, April 28th 2010 - 01:33 UTC
Chile Wins Bid for World’s Largest Telescope to be Built in Atacama Desert

Chile has won its bid for the world’s largest telescope to be constructed on its shores. The 42-metre European Extremely Large Telescope will be built in Chile’s north—3,060 meters above sea level on a mountain known as Armazonas.
Wednesday, April 28th 2010 - 01:19 UTC
Argentina Hosting FAO Fisheries Meeting to Upgrade Fish Trade and Conservation

The UN Food and Agriculture Organization (FAO) Committee on Fisheries (COFI) is meeting this week in Buenos Aires to examine technical and economic aspects of the international trade in fish and fishery products.
Wednesday, April 28th 2010 - 01:09 UTC
Unemployment in Spain Soars to 20.05%; 4.61 Million Jobless

Spain's jobless rate has risen past 20% for the first time in 13 years, according to figures made public by the National Statistics Institute (INE) on Tuesday. Unemployment rate was 20.05% in the first quarter of this year, up from 18.83% in the last quarter of 2009.
Tuesday, April 27th 2010 - 23:39 UTC
“Boobquake” Day Shakes Taiwan and South Sandwich Islands

If a senior Iranian cleric is to be believed, the 6.9 magnitude earthquake in Taiwan was a boobquake, not an earthquake. Hojatoleslam Kazem Sedighi warned last week that “women, who do not dress modestly... lead young men astray, corrupt their chastity and spread adultery in society, which [consequently] increases earthquakes”.
Tuesday, April 27th 2010 - 22:38 UTC
Chilean Conservation Groups Reject Whaling Commission Latest Proposals

A new proposal announced last week by the International Whaling Commission (IWC) would allow the killing of a number of whales in the Antarctic Ocean off the coast of Chile and has Chilean environmental groups upset.
Tuesday, April 27th 2010 - 18:50 UTC
Electoral Reform Shapes as Key Issue for Next UK Government

Electoral reform is shaping up as the key issue in determining what sort of government would emerge in the UK if the May 6 General Election results in a hung Parliament. Liberal Democrat leader Nick Clegg indicated that a deal on proportional representation would be essential to any pact if his party holds the balance of power, describing it as an “absolute pre-condition” for renewal of Britain.
Tuesday, April 27th 2010 - 18:33 UTC
P&O Azura Calls in Gibraltar on its Maiden Voyage

The newest addition to the P&O fleet the magnificent Azura sailed into Gibraltar on Sunday. The 289.60 meter vessel with 17 decks high, carrying 2.816 passengers and 1.241 crew members arrived in port at 12:30hrs reports the Gibraltar Chronicle.
Tuesday, April 27th 2010 - 18:13 UTC
UK Think Tank Warns About Drastic Spending Cuts After Election Day

All three British major political parties are failing to come clean on spending cuts that will need to be at least as deep as the 1970s, a leading think tank warned Tuesday. Repairing the public finances will be the 'defining domestic policy task of the next government', the Institute for Fiscal Studies said at a special election briefing.