The discovery of a previously unknown and now extinct New Zealand penguin could be just one of many breakthroughs as scientists probe the secrets of ancient DNA. A study led by Otago University researchers set out to look at changes in the yellow-eyed penguin population after humans settled in New Zealand.
With Deutsche Bank forecasting a barrel of oil at 40 USD in 2009, Opec president Chakib Khelil said members of the cartel have lost about 700 billion US dollars because of falling crude prices.
Spain is likely to slip into recession in the fourth quarter and stay there during 2009, Bank of Spain governor Miguel Angel Fernandez Ordonez said on Wednesday in Madrid.
Net immigration to the United Kingdom rose to 237,000 in 2007, according to the Office of National Statistics (ONS). The number was up by 46,000 on 2006 as a result of a fall in the number of people moving out of the
Argentine President Cristina Fernández de Kirchner who is currently on a North African tour, held a telephone conversation with US President-elect Barack Obama, during which he expressed his desire to meet her in person and visit Argentina.
Britain's Prime Minister Gordon Brown promised real help for families and businesses to battle recession as he paved the way for tax cuts to be announced next week.
Christmas has come early to Australian sailors after the country's navy ordered an extended two-month holiday in response to staff shortages and a drive to attract and retain sailors with a better work-life balance.
Britain's Barclays PLC has said that executive directors will not receive any annual bonus this year as the bank seeks to pacify investors over its £7 billion fundraising. The bank also announced that all members of its board, including chief executive John Varley and investment banking boss Bob Diamond, are to be put up for re-election at its AGM next April.
Inflation in the United Kingdom is dropping at its fastest rate for 16 years thanks to falling fuel prices. The Consumer Prices Index (CPI) slowed to 4.5% in October from 5.2% the previous month.
China will join the Inter-American Development Bank as a donor member, building on its growing links with Latin America and the Caribbean. China will become the 48th member country in the Washington, DC-based IDB, the single largest source of long-term lending for the region.