International

• Thursday, October 14th 2010 - 05:44 UTC

  China’s forex reserves already world’s largest surge to 2.65 trillion USD

  

  China's foreign exchange reserves, the world's largest, surged to US$2.65 trillion at the end of last month, adding fuel to complaints that the nation's curbs on gains in the Yuan are undermining the global recovery.

• Thursday, October 14th 2010 - 05:37 UTC

  Gold hits a new record as investors seek protection against sinking US dollar

  

  World stocks jumped to a six-month high, gold hit another record, and the dollar weakened on Wednesday on expectations that the US Federal Reserve will further loosen monetary policy, boosting risk appetite.

• Wednesday, October 13th 2010 - 23:36 UTC

  FAO promotes agriculture resources in Eastern Europe and Central Asia

  

  The countries of Central and Eastern Europe and Central Asia have vast untapped agricultural resources and can play a vital role in improving world food security, the FAO and EBRD (European Bank for Reconstruction and Development) said at the opening of a two-day meeting in Istanbul this week.

• Wednesday, October 13th 2010 - 23:32 UTC

  First global guidelines for aquaculture certification adopted at FAO

  

  The first global guidelines for aquaculture certification have been adopted by the Sub-Committee on Aquaculture of the Committee on Fisheries, part of the UN Food and Agriculture Organization. Over 50 countries attended the meeting of the sub-committee, which is the only global intergovernmental forum discussing aquaculture development.

• Wednesday, October 13th 2010 - 23:30 UTC

  Humpback whale breaks record travel distance: 10.000 km from Brazil to Madagascar

  

  A female humpback whale has broken the world record for longest distance ever travelled by a mammal, covering more than 9,800 kilometres from the Atlantic Ocean to the Indian Ocean while searching for a mate, according to a new study published in the journal Biology Letters.

• Wednesday, October 13th 2010 - 07:15 UTC

  UK Chamber of Commerce fears considerable slowdown in the economy

  

  The UK economy slowed considerably in the three months to the end of September but is not set to fall back into recession, according to the latest British Chambers of Commerce’s Quarterly Economic Survey.

• Wednesday, October 13th 2010 - 07:12 UTC

  China posts highest trade surplus in third quarter since pre-crisis 2008

  

  China posted a 16.9 billion US dollars trade surplus for September, the largest quarterly surplus since the financial crisis in 2008. Exports rose 25.1% from a year earlier and imports climbed 24.1%, the customs bureau said on its website today.

• Wednesday, October 13th 2010 - 00:54 UTC

  August OECD unemployment slightly down to 8.5%; in Spain, 20.5%

  

  As many as 45.5 million people were without job in August in the Organisation for Economic Cooperation and Development (OECD) region, reflecting sluggish labour market conditions in mostly developed nations.

• Wednesday, October 13th 2010 - 00:46 UTC

  Japan announces new stimulus plan and measures to weaken the Yen

  

  The Japanese cabinet has approved a plan to pump more than 60 billion US dollars into the country's struggling economy. The aim of the plan - which still needs approval from parliament - is to boost growth, jobs and spending.

• Wednesday, October 13th 2010 - 00:41 UTC

  China replaces the US as the world’s largest energy consumer

  

  China has become the world's largest energy consumer having overtaken the United States, the head of the International Energy Agency said on Tuesday.