An Italian cruise ship carrying 1,200 passengers and crew fended off a pirate attack near the Seychelles, company officials said Sunday. The ship was attacked on Saturday evening by armed pirates firing shots from a small speedboat, 330 kilometres from the Seychelles where the liner had last anchored.
Senior officials of the International Monetary Fund (IMF) and the World Bank are meeting in Washington with an aim to combat the world's worst economic slump since the 1930s.
Mexico has raised the probable death toll from an outbreak of swine flu to 81, including 20 already confirmed.
Chinese automaker Chery reportedly is planning a 700 million US dollars factory in Brazil to tap the country's growing market and to learn more about bio fuel engines according to Sao Paulo’s financial daily Gazeta Mercantil.
In spite of a considerable slowdown this year, China is poised to become in 2010 the world’s second largest economy, behind United States and ahead of Japan, according to the IMF World Economic Outlook released this week.
The UK economy shrank 1.9% in the first three months of 2009, according to gross domestic product (GDP) data from the Office for National Statistics. The contraction was much worse than had been expected and was the biggest three-month decline in GDP since the third quarter of 1979.
Spain's jobless rate rose sharply, to 17.36% in the first quarter of 2009 with more than 4 million people out of work, the government said Friday. Nearly half of the 4 million lost their jobs in the past year, the National Statistics Institute pointed out
Campaigners for Gurkha soldiers who want to settle in Britain have branded new rules on who could stay a betrayal. Immigration Minister Phil Woolas said the changes would allow around 4.300 more former Gurkhas to settle in the country out of the 36,000 who served in the British Army before July 1997.
The lightest and most earth-like planet ever discovered outside our solar system was identified this week using data from Chile’s La Silla observatory, said the European Organization for Astronomical Research in the Southern Hemisphere (ESO).
The European Commission (EC) has raised the issue of radically reforming the European Union (EU) Common Fisheries Policy (CFP) to Member States, in favour of an important reduction of the fishing capacity, among other points.