International

• Friday, November 12th 2010 - 17:41 UTC

  UK holidaymakers moving out of Euro zone to Eastern Europe

  

  It wasn't just the rain-swept, cold day in London that was sending a chill wind down the back of tourism bosses from Western Europe. As heads of the global travel industry met for their annual gathering at the giant World Travel Market (WTM) 2010 event, the damage being caused by the continuing high value of the Euro was the dark cloud hanging over the representatives from Euro zone nations.

• Friday, November 12th 2010 - 17:29 UTC

  G20 agrees on “indicative guidelines” for imbalances and hopes for the best

  

  Leaders of the Group of 20 (G20) member nations meeting in Korea reached a vague compromise Friday on currency and trade issues, calling for a workable resolution for the next G20 summit in France, slated for November next year.

• Friday, November 12th 2010 - 05:10 UTC

  G-20 drafts a “standstill” compromise declaration to avoid protectionism

  

  Leaders of the Group of 20 (G20) member nations meeting in Korea are expected to reach a compromise Friday on trade and currency issues that have so far marred the spirit of the global gathering, in a bid to make headway in the G20 process and keep the two-year-old global policy forum afloat.

• Friday, November 12th 2010 - 00:50 UTC

  Deepest austerity measures in decades stall Spanish economy recovery

  

  Spain’s economy stalled in the third quarter as the deepest austerity measures in three decades, aimed at taming the Euro region’s third-biggest budget deficit, undermined the recovery from an almost two-year recession.

• Friday, November 12th 2010 - 00:44 UTC

  Two-minute silence marked Remembrance Day in United Kingdom

  

  Millions of people across the UK held a two-minute silence at 11am on the 11th day of the 11th month to mark Remembrance Day, or Armistice Day.

• Friday, November 12th 2010 - 00:35 UTC

  Alarming obesity levels in the world’s developing countries

  

  A new report by one of the major economic organisations has found that obesity levels in the world’s developing countries are rising at an alarming pace – and that countries should act now to stop a major ‘epidemic’.

• Friday, November 12th 2010 - 00:34 UTC

  China’s inflation peaks 4.4% in October pushed by food prices and tight supplies

  

  China's consumer price index (CPI), a major gauge of inflation, reached its 2010 peak in October but the tendency is likely to slow down over the rest of the year, a report from the Bank of Communications forecast on Thursday.

• Thursday, November 11th 2010 - 19:46 UTC

  Whales’ skin suffer from exposure to the sun, much like with humans

  

  The sun's rays can “burn” whales' skin, just like they can damage human skin, according to a team of researchers. The scientists studied more than 150 whales in the Gulf of California.

• Thursday, November 11th 2010 - 14:42 UTC

  Cervantes Institute opening in Gibraltar next December “inevitably” political

  

  Spain’s Instituto Cervantes director Carmen Caffarel has declared that the opening of a branch of the prestigious academic institute in Britain’s Overseas Territory Gibraltar, is “inevitably” due to political reasons, as a consequence of the Cordoba Agreements achieved by the Tripartite Forum (UK, Spain and Gibraltar).

• Thursday, November 11th 2010 - 14:36 UTC

  Emergency order to inspect all A380 engines; Qantas grounds its six Super-jumbos

  

  European Union’s air safety regulator has issued an emergency order to inspect all Super-jumbo Airbus A380 passenger jet engines after a Rolls-Royce turbine blew up on a Qantas flight last week.