International

• Tuesday, May 26th 2009 - 05:55 UTC

  Saudis warn of another oil price spike within “two-to-three years”

  

  The world could face within “two-to-three years” another oil price spike similar to that witnessed in 2008, Saudi Arabian Oil Minister Ali al-Naimi said on Monday. Al-Naimi warned a meeting of Group of Eight ministers in Rome that the high-price scenario was likely unless investments in “new capacity expansion projects are made”.

• Monday, May 25th 2009 - 17:53 UTC

  Tories declare Open Recruiting Day; 325 MPs could loose their seats

  

  Britain’s opposition leader David Cameron has invited ordinary members of the public to stand as Tory MPs amid warnings that half the House of Commons will drummed out at the next election over the expenses scandal, according to the Sunday edition of the Daily Mail.

• Monday, May 25th 2009 - 17:50 UTC

  World Bank warns about unemployment and social upheaval

  

  The head of the World Bank has warned that the global economic crisis could lead to serious social upheaval. “If we do no take measures, there is a risk of a serious human and social crisis with very serious political implications,” Robert Zoellick said.

• Monday, May 25th 2009 - 17:44 UTC

  Decline in freshwater fish took medieval Europe to the open seas

  Medieval European fishermen first took to the open seas in about AD1.000 as a result of a sharp decline in large freshwater fish, scientists have suggested. They say the decline was probably the result of rising population and pollution levels.

• Monday, May 25th 2009 - 17:36 UTC

  Energy efficiency cooperation agreement signed in Rome

  

  Countries accounting for 80% of energy supply and demand worldwide, including Brazil and Mexico, signed Sunday in Rome, in the framework of the G8 Energy summit, an international partnership energy efficiency cooperation agreement, IPEEC.

• Monday, May 25th 2009 - 17:31 UTC

  EU fisheries policy up for review; 80% Europe’s stocks overfished

  

  European Union fisheries ministers are in Brussels to review rules on how much fish can be caught in EU waters. The EU's executive, the European Commission, says more than 80% of Europe's fish stocks are now overfished. The global average is 28%.

• Saturday, May 23rd 2009 - 15:15 UTC

  Angry UK reaction to Spanish navy incident in Gibraltar waters

  

  Britain has told Spain that the recent incursion by a Spanish Navy vessel was an “unacceptable” violation of British sovereignty over Gibraltar waters. The complaint comes after a Spanish Navy fisheries protection vessel carried out checks on Spanish fishermen just off Gibraltar.

• Saturday, May 23rd 2009 - 15:02 UTC

  Expenses disclosure has turned Commons “unbearable” complains MP

  

  Tory leader David Cameron has criticised a Tory backbencher who claimed that MPs were victims of a “McCarthy-style witch-hunt” over their expenses claims. Nadine Dorries, who had warned there were fears that an MP could commit suicide, claimed the situation at Westminster had become “completely unbearable”.

• Friday, May 22nd 2009 - 12:18 UTC

  UK “deeply concerned” with Spanish advance of Gibraltar waters

  

  Britain’s Europe Minister, Caroline Flint, told the House of Commons this week that the British Government remained “deeply concerned” by recent developments in Europe affecting Gibraltar waters, reports the Gibraltar Chronicle.

• Friday, May 22nd 2009 - 08:11 UTC

  China interest in extending more loans to Petrobras but in Renmimbi

  

  China Development Bank may offer more financing to Brazil’s government managed oil and gas corporation Petrobras adding to the 10 billion US dollars extended this week, said Petrobras CEO Jose Sergio Gabrielli on Thursday in New York.