The cost of protecting United Kingdom savers during the credit crisis has been revealed by the body set up to compensate victims of banking collapses.
Sir Nicholas Winterton DL has been re-elected unanimously and unopposed as Chairman of the United Kingdom-Falkland Islands All-Party Parliamentary Group – for the twelfth consecutive year – at the Group’s Annual General Meeting at the House of Commons on 13th July.
Unemployment in Germany rose in July, official figures have shown, and economists have warned that the worst still lies ahead for the job market.
Spanish Foreign Affairs minister Miguel Angel Moratinos has said that an effort must be made to find a solution to the Gibraltar (Spain/UK) dispute that is “acceptable to all”.
Nigeria has lost about 7 trillion naira (47 billion US dollars) as a result of the shut-in of the Shell Petroleum Development Company (SDPC) output since 2006 in the country the Lagos based Compass newspaper reported this week.
China's economy would continue to recover from the world financial crisis in the latter half and expand at the rate of 8.5% for the whole year, said a report from the Bank of Communications on Sunday.
British Airways (BA) reported a larger-than-feared loss this morning, but provided some joy for investors after revealing that traffic was starting to stabilise and debts were falling.
Britain has agreed a £3 billion contract for 40 more Euro-fighter Typhoon jets for the RAF in a move the Government said will secure 15,000 British jobs. Defence equipment minister Quentin Davies joined counterparts from partner nations in Munich to sign the long-delayed deal for the fighter-bombers.
There is fresh hope that the world's depleted fisheries can be saved from collapse, says a team of researchers. They said that efforts introduced to halt over-fishing in five of the 10 large marine ecosystems they examined were showing signs of success.
The Japanese Rating and Investment agency has upgraded Uruguay’s debt rating from BB- to BB with a stable outlook according to the latest release this week. This is two slots below investment grade and recognized among other factors the light public debt service burden until 2011.