International

Thursday, November 12th 2009 - 10:49 UTC
China’s strong economic data fuel annual growth prospect of 8%

The latest economic data from China suggests that industrial production grew year on year at a level faster than expected. Retail sales also rose by more than analysts had predicted, while consumer prices continued to fall.
Thursday, November 12th 2009 - 10:47 UTC
UK offers military land in Cyprus to help seal reunification deal

Britain has offered to give up half of the land occupied by its sovereign military bases in Cyprus if the divided island's leaders can seal a reunification deal. In an attempt to show they are serious about supporting a solution to the protracted Cyprus problem, Britain has renewed an offer to cede about half the territory of its bases in Cyprus.
Thursday, November 12th 2009 - 09:25 UTC
US dollar role as reserve currency “intact” but Yuan becoming an alternative

World Bank President Robert Zoellick said that the dollar's role as a reserve currency is intact, but the United States cannot take it for granted and needs to tackle its huge fiscal deficit.
Wednesday, November 11th 2009 - 11:20 UTC
UK risks loosing AAA sovereign credit rating because of budget deficit

The United Kingdom is the developed nation most at risk of losing its AAA sovereign credit rating because of the budget deficit and virtually no margin left in the event of another downturn, Fitch warned Tuesday.
Wednesday, November 11th 2009 - 11:15 UTC
Glaxo donates 50 million doses of H1N1 virus vaccine to WHO

The international laboratory GlaxoSmithKline has promised to donate 50 million doses of pandemic H1N1 vaccine to the World Health Organization (WHO) under an agreement signed at WHO headquarters in Geneva.
Wednesday, November 11th 2009 - 11:11 UTC
Foreign Office embarrassed: Sorry, did you mean Algeciras or Algeria?

In 2006, British officials filed an application to list part of Gibraltar waters as an EU protected nature site. Now it has emerged they got the wrong coordinates: Instead of designating the sea around Gibraltar, they listed a stretch of water somewhere off the coast of Algeria.
Wednesday, November 11th 2009 - 11:07 UTC
Lloyds Group announced more jobs cuts: 5.000 positions in 2010

Lloyds Banking Group is to axe thousands of jobs next year in a fresh wave of cuts under plans to reduce costs, sources have said. Up to 5,000 positions are expected to be cut in the UK in 2010, on top of thousands already slashed this year.
Wednesday, November 11th 2009 - 11:01 UTC
Shoplifting by affluent shoppers hit the recession soars in the UK

United Kingdom affluent shoppers hit by the recession are fuelling a shoplifting crime-wave, according to research. Middle-class people reluctant to give up luxuries they can no longer afford are behind thefts of expensive foods, alcohol and cosmetics, the Centre for Retail Research data claimed.
Wednesday, November 11th 2009 - 10:55 UTC
IEA forecasts 40% energy demand growth by 2030; mostly fossil fuels

World global demand for energy which has fallen in 2009 because of the recession is forecasted to soar 40% by 2030 and the Copenhagen summit next month will be “crucial” to design an energy sustainable future according to the “World Energy Outlook 2009” released in London by the International Energy Agency.
Wednesday, November 11th 2009 - 10:43 UTC
Buenos Aires hosts conference on clowns and Patch Adams’ doctors

Some 400 clowns and doctors skilled at clowning took part in an international conference in Buenos Aires to present scientific evidence, backed by their own experience, to show why laughter was healthy