
The National Antarctic Programs have reached a consensus that international cooperation will be the clue for the future development of polar science. This is the main topic of discussion at the XXI Annual Meeting of the Council of Managers of Antarctic Programs (COMNAP), especially with increased costs associated with support, logistics and infrastructure necessary to carry out the scientific research in the White Continent.

British banks Barclays and HSBC have shrugged off the near-collapse of the financial system to report combined half-year profits of almost £6 billion. The duo - which both avoided taxpayer support at the height of last autumn's crisis - posted profits of nearly £3 billion each, mainly due to strong investment banking results.

The cost of protecting United Kingdom savers during the credit crisis has been revealed by the body set up to compensate victims of banking collapses.

Sir Nicholas Winterton DL has been re-elected unanimously and unopposed as Chairman of the United Kingdom-Falkland Islands All-Party Parliamentary Group – for the twelfth consecutive year – at the Group’s Annual General Meeting at the House of Commons on 13th July.

Unemployment in Germany rose in July, official figures have shown, and economists have warned that the worst still lies ahead for the job market.

Spanish Foreign Affairs minister Miguel Angel Moratinos has said that an effort must be made to find a solution to the Gibraltar (Spain/UK) dispute that is “acceptable to all”.

Nigeria has lost about 7 trillion naira (47 billion US dollars) as a result of the shut-in of the Shell Petroleum Development Company (SDPC) output since 2006 in the country the Lagos based Compass newspaper reported this week.

China's economy would continue to recover from the world financial crisis in the latter half and expand at the rate of 8.5% for the whole year, said a report from the Bank of Communications on Sunday.

British Airways (BA) reported a larger-than-feared loss this morning, but provided some joy for investors after revealing that traffic was starting to stabilise and debts were falling.

Britain has agreed a £3 billion contract for 40 more Euro-fighter Typhoon jets for the RAF in a move the Government said will secure 15,000 British jobs. Defence equipment minister Quentin Davies joined counterparts from partner nations in Munich to sign the long-delayed deal for the fighter-bombers.