International

• Monday, March 15th 2010 - 19:56 UTC

  Unemployment fears threaten UK recovery says Bank of England

  

  Unemployment threatens to hamper the UK economic recovery as worried households cut back on spending, the Bank of England has warned. The latest quarterly bulletin said there was a risk of rising dole queues if “the recovery in demand proves more sluggish than businesses have expected”.

• Saturday, March 13th 2010 - 02:23 UTC

  China calls on US not to make the Yuan de facto dollar peg “a political issue”

  

  The United States should not make a political issue out of the Yuan, a Chinese central banker said as the long running friction between the world’s two leading economies approaches a critical deadline.

• Saturday, March 13th 2010 - 01:56 UTC

  Google will “pay the consequences” if it does not comply with China’s filtering

  

  China's top internet official has warned that Google will “pay the consequences” if it continues to go against Chinese law. Google announced in January that it would no longer comply with China's internet censorship laws.

• Saturday, March 13th 2010 - 00:55 UTC

  To be a good journalist, first you must be a good Marxist, says Beijing

  

  Chinese journalist must take tests on Marxist theory and the Chinese Communist Party is the last of Beijing’s drive to improve standards and ensure closer adherence to government media policies, reports said this week.

• Saturday, March 13th 2010 - 00:45 UTC

  China with 54 billionaires, only second to the US, says Forbes

  

  India and China may still be considered developing countries, but that has not stopped them from producing some of the world's richest people.

• Saturday, March 13th 2010 - 00:14 UTC

  China oil demand in January jumps “astonishing 28%” says IEA

  

  China's demand for oil jumped by an “astonishing” 28% in January compared with the same month a year earlier, the International Energy Agency (IEA) says.

• Friday, March 12th 2010 - 23:25 UTC

  German Left leader warns on “extreme presidentialism” in Socialist Latinamerica

  

  Gregor Gysi the leader of Germany’s Left considers a serious problem the extreme “presidentialism” of the new left wing governments in Latinamerica and said Cuba was on the wrong track if it believes social justice demands sacrificing liberties.

• Friday, March 12th 2010 - 20:44 UTC

  Beijing proposes Paraguay trade and cultural links

  

  China has proposed to Paraguay a gradual process of rapprochement with special emphasis in trade and cultural fields at a first stage, revealed Paraguay’s Foreign Affairs minister Hector Lacognata.

• Friday, March 12th 2010 - 01:03 UTC

  Forbes list includes 36 Latinamericans with fortunes above a billion dollars

  

  A total of 36 Latinamericans figure in the Forbes list of men with fortunes greater than a billion dollars, like the Mexican Carlos Slim, the new Chilean President Sebastián Piñera, and the Brazilian Eike Batista, as well as drug lord Joaquín Guzmán Loera, “El Chapo,” informed Forbes magazine.

• Friday, March 12th 2010 - 00:00 UTC

  February inflation in China anticipates further tightening of credit

  

  Chinese inflation hit a 16-month high in February, causing economists to call for the government to tighten the economy to prevent overheating. The annual rate of consumer price inflation rose to 2.7% in February, up from 1.5% in January, and ahead of analysts' expectations of 2.3%.