The United States Geological Survey (USGS) reported this week that Chile’s devastating 8.8 magnitude earthquake on Feb. 27 has been officially ranked as the world’s fifth largest quake ever.
Norberto Yahuar, Argentina’s Fisheries Under Secretary is currently in China to advance on a fisheries cooperation agreement which would open Argentine ports to Chinese trawlers and jiggers while Beijing would lower tariffs to Argentine produce.
Sixteen Euro zone countries have backed a financing plan to help debt-laden Greece, which will include IMF money. The safety net would total up to 22 billion Euros and would apply only if market lending to Greece dried up.
Investors in Dubai World have been told they will get their money back - but may have to wait up to eight years. The Dubai government has pledged more than £6bn of new funding for the restructuring plans of its flagship investment vehicle, whose assets include the QE2 and Turnberry golf course.
Former KGB agent and London’s Evening Standard owner Alexander Lebedev is buying The Independent and Independent on Sunday for £1, it has been confirmed. The Russian oligarch has snapped up the titles for the same price as a single copy of The Independent.
Former Spanish president Felipe González and several experts in economics and politics warned about the growing influence of China in Latin America, which nevertheless could also help to balance the international scenario according to a forum held in New York University sponsored by the Euro-America Foundation.
Indian Armed Forces have a new weapon to combat terrorism: 'bhut jolokia' recognised as the hottest of spices. Forces will pack a punch mixed with hand grenades or tear gas shells to deal with terrorists, as trials by Indian defence scientists have shown.
Gibraltar Liberal Party Leader Dr Joseph Garcia told international delegates at a conference in Cadiz this weekend that “the liberal and democratic solution for a decolonised status for Gibraltar was through the exercise of the principle of self-determination”, reports the Gibraltar Chronicle.
China National Offshore Oil Corporation, (CNOOC), signed a multi-billion dollar deal with Australia's BG Group to buy millions of tons of gas. Under the deal, which still needs government approval, CNOOC will buy 3.6 million tons of liquefied natural gas a year for the next 20 years.
United Nations specialists are to look again at the contribution of meat production to climate change, after claims that an earlier report exaggerated the link. A 2006 report concluded meat production was responsible for 18% of greenhouse gas emissions - more than transport.