International

• Thursday, July 8th 2010 - 07:56 UTC

  FAO establishes new standards for melamine in infant food and animal feed

  

  The maximum amount of melamine allowed in powdered infant formula is 1 mg/kg and the amount of the chemical allowed in other foods and animal feed is 2.5 mg/kg, according to new rulings from the United Nations' food standards body, Codex Alimentarius Commission.

• Thursday, July 8th 2010 - 01:53 UTC

  Asia needs to double food production in the next decades warns FAO

  

  Philippines-based Asian Development Bank (ADB) is encouraging developing economies in Asia and Pacific to boost their investment in the agriculture sector to address the widespread hunger and cushion billions of people from future spikes in food prices.

• Thursday, July 8th 2010 - 01:32 UTC

  China rules out ‘nuclear option’ of dumping vast holdings of US Treasury bonds

  

  China ruled out the “nuclear” option of dumping its vast holdings of US Treasury securities but called on Washington to be a responsible guardian of the dollar.

• Thursday, July 8th 2010 - 01:27 UTC

  Falklands’ Fisheries scientists discover mating habits of deep-sea squid

  

  The mating habits of deep-sea squid have been revealed for the first time, after the discovery of a male squid with a huge elongated and erect penis, according to an article from the BBC credited to Matt Walker, Editor, Earth News.

• Wednesday, July 7th 2010 - 06:50 UTC

  Mrs. Kirchner to Beijing to mend trade relations with China

  

  Argentine president Cristina Kirchner will be signing 10 billion US dollars in trade agreements with China during her official visit to the Asian giant scheduled to begin next July 13, according to Foreign Affairs minister Hector Timerman.

• Wednesday, July 7th 2010 - 06:42 UTC

  Moreno re-elected president of the Inter American Development Bank

  

  Luis Alberto Moreno was re-elected president of the Inter-American Development Bank today during a special meeting of the IDB Board of Governors at the Bank’s headquarters in Washington, D.C.

• Wednesday, July 7th 2010 - 06:19 UTC

  Argentina, Brazil, Spain leaders offer to mediate in Middle East conflict

  

  The European Union and Latinamerica could play a crucial role in helping solve the Middle East conflict said Syrian president Bashar al-Assad following an offer from Spanish president Jose Luis Rodriguez Zapatero to mediate in a Damascus-Israel dialogue.

• Tuesday, July 6th 2010 - 09:32 UTC

  Economist predicts slow recovery from the crisis and major shift in world power

  

  The Secretary General for Ibero-America and former president of the Inter American Development Bank, IDB, Enrique Iglesias warned Monday that exiting the current global crisis will be “much slower than was anticipated” and will give greater emphasis to “more government and less markets”.

• Tuesday, July 6th 2010 - 07:20 UTC

  IMF needs to find ‘adequate balance between economics and politics’

  

  The International Monetary Fund should find an adequate balance between economics and politics, and take advantage of its cross-country experience to deepen its engagement in the Western Hemisphere and improve the effectiveness of its economic policy advice, a group of high-level advisors recommended Monday.

• Tuesday, July 6th 2010 - 07:16 UTC

  NASA aerodynamics confirms Jabulani is erratic and unpredictable

  

  Following several trials with the official ball from the South Africa World Cup, the US Aeronautics and Space Agency, NASA, confirmed the famous ‘Jabulani’, seriously criticized by players and goal beepers is “erratic and unpredictable”.