There is fresh hope that the world's depleted fisheries can be saved from collapse, says a team of researchers. They said that efforts introduced to halt over-fishing in five of the 10 large marine ecosystems they examined were showing signs of success.
The Japanese Rating and Investment agency has upgraded Uruguay’s debt rating from BB- to BB with a stable outlook according to the latest release this week. This is two slots below investment grade and recognized among other factors the light public debt service burden until 2011.
Plane manufacturer Airbus has urged airlines to change the make of the majority of speed sensors on about 200 long haul aircraft. Airbus has issued a bulletin to airlines recommending that they switch the parts, also known as pitots, to those made by US manufacturer Goodrich.
The Spanish economy contracted 0.9% in the second quarter of the year, an improvement over the 1.9% fall of the previous quarter but still 4% below the same quarter a year ago, according to the latest release from the Central Bank.
Construction on more than 10% of 1.306 planned skyscrapers was on hold at the end of June, and there were 11% fewer such projects under way compared with six months ago, according to a report released this week by Frankfurt based Emporis GmbH.
The US dollar is likely to remain as the world’s reserve currency said on Wednesday International Monetary Fund Managing Director Dominique Strauss-Kahn interviewed by France 24 television.
The gap between the rich and poor in the United Kingdom remained at a high level in 2007-8, official statistics have shown. The richest fifth of the population had an income, before tax and benefits, 16 times greater than the poorest fifth.
The IMF has announced a new framework for loans to the world’s poorest nations, including increased resources, a doubling of borrowing limits, zero interest rates until the end of 2011, and more flexible terms.
Russian cosmonauts working at the International Space Station will help the country’s fishing fleet to detect fish schools and other resources in oceans according to the Russian Space Flights Control Centre (SFCC).
United States and China are committed to fighting protectionism, said US Treasury Secretary Timothy Geithner following two days of high-level talks. The two countries share an interest in ensuring that trade remained open and rules-based.