A victim of swine flu died yesterday in Scotland, the first confirmed death from in Europe, according to the World Health Organization.
The UK is in the best shape out of all the economies in Europe, according to Paul Krugman, who won the 2008 Nobel Prize for economics. He said that the UK's economic policies had been pretty good and called them intelligent.
“The Spanish economy can’t take any more migrant labour” said Spanish Labour Minister Celestino Corbacho in an interview with one of Madrid’s main Sunday newspapers.
The world's largest economies are beginning to stabilise but still face major risks amid an ongoing global recession, according to G8 finance ministers. At a meeting in Italy of G8 nations, the ministers said stock markets were rising, interest rates more stable, and consumer confidence was returning.
European manufacturer of Airbus aircrafts cautioned against speculations about the causes of the Flight 447 accident this month in the Atlantic Ocean and strongly defended the safety record of the A330.
“G 8 is over as a political decision group” since “it represents nothing at all” and it’s not a valid instrument to address the reform of the global financial system, said Brazil’s Foreign Affairs minister Celso Amorim during a seminar in Paris on Mercosur.
Australia's resource minister has dismissed threats of sanctions from China against its two largest mining firms Rio Tinto and BHP Billiton.
Whether the black boxes from Air France flight 447 are found or not, the crash has shown that new technology is needed to record a flight's last moments in real-time, an aviation expert argues.
Cutting down Amazon forest for cattle and soy does not bring long-term economic progress, researchers say. A study of 286 Amazon municipalities found that deforestation brought quick benefits that were soon reversed.
United Nations Secretary-General Ban Ki-moon cautioned on Thursday against undue alarm while stressing the need for preparedness, as the United Nations health agency announced that the world is experiencing an influenza pandemic caused by the new A(H1N1) virus.