International

• Monday, September 12th 2011 - 02:05 UTC

  G8 and Mid East pledge 38bn dollars for Arab spring transition to democracy

  

  Western and Middle Eastern governments pledged to help Egypt, Tunisia, Morocco and Jordan make the transition to democracy, mobilizing 38 billion dollars of financing, mostly through international lending organizations.

• Monday, September 12th 2011 - 02:01 UTC

  German ‘pragmatic’ top official for ECB board to help tackle Euro crisis

  

  Germany has proposed Deputy Finance minister Joerg Asmussen to replace Juergen Stark on the European Central Bank's executive board, Finance Minister Wolfgang Schaeuble said.

• Monday, September 12th 2011 - 01:49 UTC

  NZ meat industry puts up its best show for Rugby World Cup fans

  

  New Zealand's biggest meat company expects the horde of carnivorous rugby fans to consume an extra 70,000 of sheep, cattle and deer during the Rugby World Cup that took off last Friday.

• Saturday, September 10th 2011 - 06:22 UTC

  IMF chief calls on economic leaders to act with “conviction and urgency”

  

  Policymakers in advanced economies should use all available tools to boost growth, International Monetary Fund Managing Director Christine Lagarde said on Friday, calling for bold action to weather a “dangerous new phase” of recovery.

• Saturday, September 10th 2011 - 06:12 UTC

  US says Germany must give “unequivocal” financial support to weaker Euro states

  

  United States pressed Europe's strongest economies on Friday to give “unequivocal” financial support to weaker Euro zone states to overcome a debt crisis that threatens the world economy.

• Saturday, September 10th 2011 - 06:04 UTC

  Germany prepares to support banks exposed to a possible Greek default

  

  Germany’s Chancellor Angela Merkel government is preparing plans to shore up German banks in the event that Greece fails to meet the terms of its aid package and defaults, three coalition officials said.

• Saturday, September 10th 2011 - 06:02 UTC

  China’s inflation eases in August and industrial output soars 13%

  

  China's rate of inflation eased in August, after hitting a three-year high in July, according to the National Statistics Bureau. Consumer prices in the world's second largest economy rose 6.2% from a year earlier, down from 6.5% in July.

• Saturday, September 10th 2011 - 05:27 UTC

  UK farmers claim Uruguay’s ‘Hereford’ meat labelling is ‘misleading’

  

  The UK National Farmers Union, NFU, has called on Asda supermarkets to change its labelling policy after it emerged that its meat marked ‘Hereford Prime Beef Sirloin Steak’ is sourced 6,800 miles away in Uruguay.

• Saturday, September 10th 2011 - 05:23 UTC

  Argentina thanks China for its standing support in the Malvinas sovereignty dispute

  

  Argentina expressed gratitude to China for its permanent support of the Malvinas Islands sovereignty claim in the longstanding dispute with Britain.

• Saturday, September 10th 2011 - 00:42 UTC

  China and Argentina reaffirm strategic partnership; prepare for 2012 celebration

  

  China and Argentina have agreed to further enhance mutual trust and their strategic partnership as the two emerging economies are playing an increasingly important role in the world arena.