
The earthquake which rocked Padang, western Sumatra in September last year killing more than 1000 people was not the 'great earthquake' which earth scientists are waiting for. In fact, it may have made the next massive earthquake more likely.

The aerial visitors keep on coming for Australia’s Jessica Watson, who has now sailed past the Falkland Islands in her bid to become the youngest person to sail solo, non-stop and unassisted, around the world.

On January first 2010, the 27 European Union member states crossed the threshold of 500 million inhabitants “for the first time,” announced the French statistics institute INSEE, on 19 January. The precise number is 501.26 million.

Japan Airlines is to slash about 15,700 jobs and receive an 8 billion USD lifeline as part of turnaround efforts after filing for bankruptcy protection. The collapse of JAL, Asia’s top carrier was widely expected after it struggled with the aviation downturn and a debt burden of more than 25 billion USD.

Job losses are “an inevitability” at Cadbury after its takeover by US giant Kraft Foods, the UK firm's chairman has confirmed to the BBC. Without estimating how many positions would be affected, Roger Carr said jobs would go at Cadbury's head office in Uxbridge, London.

Chile’s state-owned mining company, Codelco, last week announced a 1.9 billion US dollars project to develop a subterranean mine at its Chuquicamata opencast mine facility in Chile’s northern Atacama region (region III).

Inflation in the United Kingdom jumped at a record rate in December, official figures have shown. The Consumer Prices Index (CPI) hit 2.9% last month - much higher than expected by the City - compared with just 1.9% in November.

E-Clear, the company responsible for online ticket sales at the failed Scottish airline Flyglobespan, has been placed into administration. Flyglobespan also had the UK Ministry of Defence contract for the air bridge between Brize Norton and MPA in the Falkland Islands.

International Monetary Fund Managing Director Dominique Strauss-Kahn said it’s too early for policy makers to withdraw stimulus that’s driving the global recovery.

The UK faces a decade of economic pain after years of splurging on credit, a leading economic forecaster has warned. The Ernst & Young ITEM Club said the economy faced stagnation unless exports received a boost.