International

• Tuesday, March 9th 2010 - 07:27 UTC

  FAO calls on politicians not to confuse bio-technology with “transgenic”

  

  The United Nations Food and Agriculture Organization called for greater global support and funds to be invested in biotechnology research and regretted that so many politicians “do not understand that biotechnology is far more that Genetically Modified Organisms, OGM”.

• Monday, March 8th 2010 - 07:15 UTC

  Sarkozy promised support for Greece “or else there will be no more Euro”

  

  France will support Greece following its efforts to reduce its deficit and has no intention of seeing the country fall by the wayside because the reason for creating the Euro is at stake, French President Nicolas Sarkozy said.

• Monday, March 8th 2010 - 07:08 UTC

  BBC poll: 87% of internet users say access should be a “fundamental right”

  

  Almost four in five people around the world believe that access to the internet is a fundamental right, a poll for the BBC World Service suggests. The survey - of more than 27,000 adults across 26 countries - found strong support for net access on both sides of the digital divide.

• Monday, March 8th 2010 - 07:01 UTC

  Yorkshire pudding makers with 18th century recipe fight for EU legal protection

  

  Yorkshire pudding makers have launched a bid to gain European legal protections currently enjoyed by other regional delicacies such as Scotch whisky and champagne. Under EU law, businesses in other countries can be prevented from making products which are named after specific regions of the European Union.

• Saturday, March 6th 2010 - 11:40 UTC

  China promised to reverse income gap between rich and poor

  

  Chinese Premier Wen Jiabao has said China must reverse its widening income gap between rich and poor. He said benefits of a growing economy - expected to expand by 8% this year - should be distributed more fairly.

• Saturday, March 6th 2010 - 11:37 UTC

  British MPs 1.5% pay increase taking salaries to £ 65.737

  

  British MPs are to get a 1.5% rise from next month bringing their salaries to £ 65.737. The increase of nearly £1,000 is likely to spark fury in the wake of revelations about expenses abuse and with millions of workers across the private and public sectors facing freezes or even cuts.

• Friday, March 5th 2010 - 06:33 UTC

  Greek PM in Berlin will test Germany’s commitment

  

  Two political allies of German Chancellor Angela Merkel said Greece should sell off some of its islands to pay off its debts. Greece's Prime Minister, George Papandreou, is due to meet Ms Merkel in Berlin Friday for talks about his country's economic crisis.

• Friday, March 5th 2010 - 06:29 UTC

  Bank of England leaves QE program and interest rates unchanged

  

  The Bank of England opted Thursday against providing fresh aid for the economy after a year of record low interest rates and emergency stimulus measures. Its rate-setting committee marked the first anniversary of quantitative easing by leaving the program unchanged at £200bn and holding borrowing costs at 0.5%.

• Friday, March 5th 2010 - 06:25 UTC

  Euro zone interest rate left at record low of 1% for tenth month

  

  The European Central Bank (ECB) has kept the Euro zone benchmark interest rate at its record low of 1% for the 10th month in a row, as expected. ECB also signalled it would scale back the special lending measures introduced during the financial crisis even though the economy in the 16 countries that use the Euro is only barely growing.

• Friday, March 5th 2010 - 06:21 UTC

  China surprises with a slower growth of its 2010 defence budget policy

  

  China announced a slowdown in the growth of its much-watched defence budget. The planned increase of just 7.5% on last year's military spending is the smallest hike after more than two decades of annual double-digit increases.