International

Wednesday, February 20th 2008 - 21:00 UTC
OECD GDP growth slips from 0.9% to 0.5% in last quarter

Global economic growth is going to be lower than the OECD (Organization for Economic Co-operation and Development) and many other forecasting organizations were predicting just a few months ago, OECD chief Angel Gurria said on Wednesday.
Tuesday, February 19th 2008 - 21:00 UTC
Russia plants flag in sea bed ratifying Antarctica ambition

Six months after having planted the tricolor flan in the geographic North Pole, Russia has done the same in the southern Pole in a clear expression of its renewed ambitions in Antarctica and its natural resources.
Tuesday, February 19th 2008 - 21:00 UTC
Giant sea spiders and huge worms located in Antarctic waters

Scientists investigating the icy waters of Antarctica said this week they have collected mysterious creatures, including giant sea spiders and huge worms in the murky depths.
Tuesday, February 19th 2008 - 21:00 UTC
Heathrow is Europe's airport with the most delays

The world's busiest airport, London Heathrow, saw more delays than any other major European airport last year - for the second consecutive year according to a report from the Association of European Airlines, AEA, released this week.
Tuesday, February 19th 2008 - 21:00 UTC
Soaring food prices contribute to China's record Jan inflation

Chinese inflation hit an 11-year high in January after rising price pressures were exaggerated by fierce snow storms, official figures show. Soaring food prices were largely blamed for pushing consumer inflation up to 7.1% last month, from 6.5% in December.
Tuesday, February 19th 2008 - 21:00 UTC
Korea plans second permanent station close to South Pole

The Korean government announced this week plans to set up a second research station in Antarctica to expand operations. The project should be completed by 2011.
Tuesday, February 19th 2008 - 21:00 UTC
On fears of OPEC cut, crude soars to record 101 US dollars

Crude oil rose for a fourth day and closed Tuesday at a record 101.01 US dollars in New York on fears that OPEC might reduce output and growing concern over supplies from Venezuela, Nigeria and Russia.
Monday, February 18th 2008 - 21:00 UTC
Northern Rock PLC quagmire brings back nationalization oldie

Struggling bank Northern Rock PLC will be nationalized after the British government rejected two private takeover bids, Chancellor of the Exchequer Alistair Darling said Sunday. Darling told a news conference that the ailing mortgage lender would be placed under temporary public ownership because both private proposals had failed to meet the government's criteria for protecting taxpayers.
Monday, February 18th 2008 - 21:00 UTC
Hammerhead shark joins the red list of globally endangered

Populations of tiger, bull, dusky and other sea sharks have plummeted by more than 95% since the 1970s, according to an expert from the World Conservation Union. But ongoing efforts to identify shark “hotspots” across the oceans could help improve their chances of survival in future.
Monday, February 18th 2008 - 21:00 UTC
Subprime blues: Qatar sovereign fund buys into Credit Suisse

The Qatar Investment Authority purchases shares from Credit Suisse and is planning to invest up to 15 billion US dollars in European and US banks in the next twelve months, announced Monday Qatar Prime Minister according to Bloomberg News.