International

Monday, June 15th 2009 - 12:47 UTC
Airbus calls for prudence on the cause of Flight 447 accident

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.
Saturday, June 13th 2009 - 05:47 UTC
Brazil considers G8 is no longer a valid political decision group

“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.
Saturday, June 13th 2009 - 05:44 UTC
China, Japan caution about Rio Tinto/BHP Billiton tie-up

Australia's resource minister has dismissed threats of sanctions from China against its two largest mining firms Rio Tinto and BHP Billiton.
Saturday, June 13th 2009 - 05:41 UTC
“Black boxes” are obsolete technology says air safety pioneer

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.
Friday, June 12th 2009 - 18:15 UTC
Clearing the Amazon for cattle and soy a “boom-bust cycle”

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.
Friday, June 12th 2009 - 18:04 UTC
A/H1N1 flu: Ban Ki-moon cautions against “rash and discriminatory” actions

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.
Friday, June 12th 2009 - 18:02 UTC
Bleak prospects for poor countries with global contraction of 3%

The world economy is set to contract this year by more than previously estimated, and poor countries will continue to be hit hard by multiple waves of economic stress, said World Bank Group President Robert B. Zoellick.
Friday, June 12th 2009 - 17:36 UTC
Global flu pandemic but no A/H1N1 vaccines until September

The World Health Organization (WHO) declared on Thursday a global flu pandemic after holding an emergency meeting. This means the influenza A/H1N1 virus is spreading in at least two regions of the world with rising cases being seen in the UK, Australia, Japan and Chile.
Friday, June 12th 2009 - 17:29 UTC
Chinese imports in May dropped 25% and exports 26%

Chinese exports dropped by a record amount in May as demand for its goods from the US and Europe slumped. Exports fell 26.4% from the same month earlier, more than February's previous record drop and imports declined by 25.2%.
Thursday, June 11th 2009 - 11:10 UTC
Brazil confirms purchase of 10 billion US dollars in IMF bonds

Brazil will buy 10 billion US dollars of bonds issued by the International Monetary Fund to help the multilateral lender provide financing to countries hurt by the financial crisis, announced Finance Minister Guido Mantega.