Albeit intensely debating the global economic downturn and its impact on tourism, this year’s Seatrade Miami Cruise convention – the world’s most important gathering of cruise industry professionals – has emitted a generally positive signal: The industry believes in continued growth.
Pope Benedict reflected on the tragedies and disasters that test faith during a Good Friday procession in Rome, just hours after Italians buried victims of the country's devastating earthquake.
Grieving relatives collapsed over flower-draped caskets of the victims of Italy's worst earthquake in three decades as the nation joined in a day of mourning.
Japan announced Thursday a record 150 billion US dollars stimulus package as it seeks to revive its flagging economy. Prime Minister Taro Aso announced the package, worth about 3% of its gross domestic product, in Tokyo after the ruling party approved the measures.
Britain's top counter-terrorism officer has resigned after his security blunder threatened a major anti-terror operation. London Mayor Boris Johnson said he had accepted Assistant Commissioner Bob Quick's resignation with great reluctance and sadness.
The Bank of England kept interest rates on hold at 0.5%, in a widely expected move following a number of rate cuts in recent months. Rates remain at an all-time low after six cuts since October last year, when interest rates stood at 5%.
Gibraltar’s population was practically doubled as an avalanche of Spanish shoppers poured in through the frontier gates on Tuesday to take advantage of the price bargains resulting from the strength of the Euro in relation to Sterling, reports the Chronicle
The European Commission is expected to unveil this week a new strategy to revive the fish farming industry. At a time when stocks of some species of fish in the world's oceans are dangerously low, the authorities in Brussels are concerned that Europe's aquaculture sector has stagnated.
The United Kingdom has no doubts about its sovereignty over the Falkland Islands and South Georgia and the South Sandwich Islands, or its right to make a submission to extend the continental shelf under the UN Convention of the Law of the Sea, but it is considering its approach in view of the May 2009 deadline.
British Prime Minister Gordon Brown has been accused of being in full retreat over his recession-fighting strategy amid signs that any further fiscal stimulus measures would be severely limited by worsening economic conditions.