International

• Saturday, January 16th 2010 - 07:04 UTC

  Mayor Johnson says top bankers fleeing from London over taxes

  

  Thousands of high-earning bankers will flee London because of the Government's taxation policy, Mayor Boris Johnson has warned. He has written to Chancellor Alistair Darling asking for a meeting to discuss his introduction of a 50p income tax rate for top earners and a temporary 50% levy on banking bonuses over £25,000.

• Saturday, January 16th 2010 - 07:01 UTC

  China’s overseas investments expand 6.5% in 2009; 40% forecasted in 2010

  

  China's overseas investment in non-financial sectors rose 6.5% last year from 2008 despite the economic downturn, the government said Friday, as the nation kept up its global hunt for resources.

• Friday, January 15th 2010 - 09:33 UTC

  China acts to prevent real estate bubble from developing

  

  Chinese property prices rose at their fastest annual rate in 18 months in December according to official figures referred to the country’s 70 large and medium-sized cities. Real estate prices rose by 7.8% from a year ago - up from the 5.7% annual rise seen in November and renewing fears that an asset bubble is developing.

• Friday, January 15th 2010 - 09:24 UTC

  UN report exposes vulnerability of indigenous peoples

  

  The world’s 370 million indigenous peoples suffer from disproportionately, often exponentially, higher rates of poverty, health problems, crime and human rights abuses, the first ever United Nations study on the issue reported today, stressing that self-determination and land rights are vital for their survival.

• Friday, January 15th 2010 - 06:34 UTC

  2009 was the hottest year on record south of the Equator, says Science

  

  The United States and Europe may be experiencing one of the coldest winters in decades, but things continue to heat up in the Southern Hemisphere. Science magazine has obtained exclusive data from NASA that indicates that 2009 was the hottest year on record south of the Equator. The find adds to multiple lines of evidence showing that the 2000s were the warmest decade in the modern instrumental record.

• Friday, January 15th 2010 - 06:21 UTC

  World’s largest tanker, built in China, ready to start maiden voyage

  

  Claimed to be the most sophisticated large tanker ever designed and built by a Chinese shipyard, the ‘Xin Pu Yang' is to start its maiden voyage from Guangzhou to the Middle East later this month, Chinese media reports said.

• Friday, January 15th 2010 - 06:19 UTC

  South Korea confirms second outbreak of foot-and-mouth disease

  

  South Korean authorities confirmed Thursday the second outbreak of foot-and-mouth disease (FMD) on a cattle farm close to where the first outbreak in eight years erupted a week ago.

• Friday, January 15th 2010 - 06:16 UTC

  Jobs of the future: space pilot, human body part maker or climate change averter

  

  Tomorrow's job hunters could be applying for the position of space pilot, human body part maker or climate change averter, according to a British government commissioned report.

• Friday, January 15th 2010 - 05:28 UTC

  Euro-zone countries “need bold measures to improve confidence”

  

  The European Central Bank left interest rates on hold at their historic low of 1% at its first meeting for the year Thursday amid concerns about Greece's debt crisis.

• Thursday, January 14th 2010 - 12:04 UTC

  A Greek “headache” for the European Central Bank and interest rates

  

  The Euro-zone is facing one of its most serious internal crises ever as European Central Bank (ECB) governors meet on Thursday, with fiscal problems in Greece and other members of the bloc pushing interest rate issues to the background.