International

• Thursday, March 10th 2011 - 06:40 UTC

  Shanghai Disneyland set to open in 2015 at a cost of 3.7 billion USD

  

  Walt Disney’s theme park in Shanghai will be built in a 7 square-kilometre area that the city has designated as a tourist destination, according to a draft blueprint of the project.

• Thursday, March 10th 2011 - 06:34 UTC

  China scrambles to secure long-term uranium supplies for 84 nuclear plants

  

  China’s scramble to secure long-term uranium supplies to support the rapid expansion of its nuclear power industry has led the state-owned CGNPC Uranium to make a 1.23 billion US dollars takeover bid for London-listed Kalahari Minerals.

• Thursday, March 10th 2011 - 06:17 UTC

  World has 1.210 billionaires; Mexico’s Carlos Slim remains the richest person

  

  Mexico’s Carlos Slim remains the world’s richest person for a second year with estimated assets of 74 billion US dollars, according to Forbes magazine’s annual global ranking of billionaires.

• Wednesday, March 9th 2011 - 21:27 UTC

  US after transparent trade across Asia-Pacific region; plans to double exports in five years

  

  The United States will step up efforts for free, open and transparent trade across the Asia Pacific region as it seeks to double US exports in five years, Secretary of State Hillary Clinton said.

• Wednesday, March 9th 2011 - 21:21 UTC

  UK farmers come out strongly against Mercosur “cheap meat imports”

  

  Farmers in the UK have warned the EU against a trade deal with Mercosur which could see Brazil and Argentina given access to the European meat market, potentially flooding the market with cheap imports and undermining domestic producers.

• Wednesday, March 9th 2011 - 21:07 UTC

  China plans to build 10 million low cost homes in 2011

  

  China plans to build 10 million low-cost homes this year at a cost of 200 billion US dollars, a government minister has said. The move comes as soaring home prices spur complaints about affordability.

• Wednesday, March 9th 2011 - 20:45 UTC

  US State Department will no longer comment Wikileaks cables

  

  While offering a press conference in Washington DC, US Assistant Secretary of State for Public Affairs Philip Crowley refused to comment on the recently released Wikileaks cables that mention Argentina and said his government would refrain from doing so in the future.

• Wednesday, March 9th 2011 - 05:22 UTC

  Oil prices ease as OPEC begins talks to increase output replacing Libya

  

  Oil dropped for a second day in New York as members of the Organization of Petroleum Exporting Countries considered talks about increasing production because violence is disrupting supplies from Libya.

• Wednesday, March 9th 2011 - 04:46 UTC

  Repsol will explore for oil in the North Slope of Alaska

  

  Repsol, Spain’s main energy group will be investing a minimum of 768 million US dollars for the exploration of oil in the North Slope of Alaska. The operation is a joint venture with the Denver, Colorado US firms 70 & 148 LLC and GMT Exploration LLC, points out a release from Repsol.

• Wednesday, March 9th 2011 - 04:40 UTC

  EC tries to downplay impact for farmers of an EU/Mercosur trade agreement

  

  A trade agreement with Mercosur should not have to destroy the European beef industry, said on Tuesday a spokesperson for the European Community who added that such fears are ‘exaggerated’.