International

• Tuesday, June 3rd 2008 - 21:00 UTC

  Trichet warns Europe about reactions to crude prices crisis

  The European Central Bank president Jean-Claude Trichet set the tone at the ECB's 10th anniversary event by warning that bad management of the oil crisis in the 1970s (meaning large wage rises and low interest rates) seriously hurt the economy and jobs, and that the errors of the past must not be repeated. “This anniversary is no time for complacency,” Trichet said.

• Tuesday, June 3rd 2008 - 21:00 UTC

  FAO wants 30 billion annually to re-launch agriculture

  Noting that the time for talk was over and that action was urgently needed, FAO Director-General Jacques Diouf appealed to world leaders for 30 billion US dollars a year to re-launch agriculture and avert future threats of conflicts over food.

• Monday, June 2nd 2008 - 21:00 UTC

  Half of world fish trade sourced by developing countries

  

  Driven by rising consumption worldwide, the international trade in fish products is expanding at a rapid pace, according to an FAO paper presented on Monday at an intergovernmental meeting in Germany.

• Monday, June 2nd 2008 - 21:00 UTC

  Iceland and Norway exporting tons of whale meat to Japan

  

  Companies from Iceland and Norway have begun exporting whale-meat to Japan. About 60 tons of meat from fin whales caught in the 2006 Icelandic hunt was reportedly sent with a much smaller amount of minke meat from Norway according to a report from BBC.

• Monday, June 2nd 2008 - 21:00 UTC

  Land Rover and Jaguar now belong to Tata from India

  India's top car manufacturer Tata Motors Ltd. Announced on Monday it had completed the 2.3 billion US dollars acquisition of Jaguar and Land Rover. The deal, which was agreed in March, includes all necessary intellectual property rights, manufacturing plants, two advanced design centres in the UK and a worldwide network of sales companies, Tata Motors said in a statement.

• Sunday, June 1st 2008 - 21:00 UTC

  Regional conflicts and food prices in OAS assembly agenda

  

  The 38th General Assembly of the Organization of American States, OAS, opened this weekend in Colombia and although the motive of the meeting is “Youth and democratic values”, more pressing issues will have to be addressed by the gathering.

• Sunday, June 1st 2008 - 21:00 UTC

  Financial markets can not govern us!

  Appealing to common sense, experience and ethics nine distinguished European political personalities and former elected officials have sent a letter to the President of the European Commission warning about the consequences of the current financial crisis, which is showing “once again that the financial market is not capable of self-regulation” and calls for the immediate naming of a “European crisis committee”.

• Sunday, June 1st 2008 - 21:00 UTC

  UN praises World Bank funding to tackle food crisis

  Secretary-General Ban Ki-moon welcomed the 1.2 billion US dollars in funding from the World Bank to help tackle the global food crisis that has emerged in recent months.

• Sunday, June 1st 2008 - 21:00 UTC

  SnoMotes rovers to help collect data on melting ice shelves

  US researchers from the universities of Georgia and Pennsylvania have created specially designed robots, called SnoMotes which will help collect information on the world's ice melting shelves in the Arctic and Antarctica.

• Saturday, May 31st 2008 - 21:00 UTC

  Oil prices makes Euro Zone inflation bounce to 3.6% in May

  

  Inflation in the Euro zone bounced to a record 3.6% in May amid soaring oil prices, according to a first estimate from the EU Eurostat data agency released on Friday. The 12-month inflation rate had eased in April to 3.3% after hitting 3.6% in March, the highest level since the launch of the Euro in 1999.