International

• Wednesday, September 2nd 2009 - 13:12 UTC

  Gibraltar signs information exchange agreements to boost tax transparency

  

  Gibraltar Chief Minister Peter Caruana signed a tax information exchange agreement (TIEA) with the UK which is set to boost levels of transparency on tax-related issues, reports the Gibraltar Chronicle.

• Wednesday, September 2nd 2009 - 07:49 UTC

  China confirms stimulus and credit policies to prop economy

  

  Chinese top leaders reaffirmed on Tuesday the country’s stimulus program and easy credit policy following one of the worst monthly performances of the Shanghai and Shenzhen markets fearing recovery efforts could be loosing steam.

• Wednesday, September 2nd 2009 - 07:41 UTC

  Euro zone record in July: 15.1 million jobless

  

  Unemployment in the 16-member Euro zone hit a 10-year high in July, data released Tuesday showed. EU statistics office Eurostat said that another 167,000 people were unemployed in the Euro zone during July, pushing the jobless rate up to 9.5% from 9.4% in June which takes the total to 15.1 million people.

• Wednesday, September 2nd 2009 - 07:35 UTC

  IATA: air transport sector a “disaster”; airlines set to loose 9 billion USD

  

  ”The global situation of the air transport sector is a disaster” said Giovanni Bisignani, IATA’s Director General and CEO in a speech to JURCA, the association of airlines operating in Argentina.

• Wednesday, September 2nd 2009 - 07:23 UTC

  Terrorist suspect to be confirmed as Iranian Defence minister

  

  Iranian MPs have strongly backed the defence minister-designate, in defiance of Argentine demands for his arrest over a 1994 bombing in Buenos Aires. Ahmad Vahidi faced no opposition from MPs on the third day of a debate on President Mahmoud Ahmadinejad's choices for his new cabinet.

• Wednesday, September 2nd 2009 - 07:16 UTC

  Penny-saving Brits in July pay back more than they borrow

  

  The amount of debt Britons owe fell for the first time since records began during July, figures show. People repaid £635 million more than they borrowed during the month, reducing outstanding lending to £1.456 trillion.

• Wednesday, September 2nd 2009 - 07:13 UTC

  Commonwealth fully suspends Fiji for refusing to call elections

  

  The Commonwealth has fully suspended Fiji after it refused to bow to demands to call elections by next year. Secretary General Kamalesh Sharma cited the Pacific island country's lack of progress towards democracy.

• Wednesday, September 2nd 2009 - 07:01 UTC

  Chinese company moves heavily into Canadian oil sands

  

  PetroChina plans to acquire a majority stake in Canada’s Athabasca Oil Sands which holds the largest lease in Alberta’s oil sands. The 1.7 billion US dollars deal with Asia’s largest oil company means taking control of 60% of the 1.3 million acres of oil sand leases held by Athabasca.

• Wednesday, September 2nd 2009 - 02:36 UTC

  Climate change alarmism discredits the science

  

  Almost every day there is a new dire warning about global warming. But some claims regarding global warming are more extreme than others overselling the issue and can potentially damage the argument.

• Tuesday, September 1st 2009 - 22:19 UTC

  FAO: New treaty will leave fish pirates without safe haven

  

  91 FAO Members have agreed on an international agreement to implement “port state measures” to combat illegal fishing.