International

Saturday, August 30th 2008 - 21:00 UTC
Japan unveils ambitious stimulus plan and tax breaks

The Japanese government unveiled on Friday a policy package worth about 107 billion US dollars in an effort to stimulate the country's faltering economy by easing the negative impact from rising energy and raw material costs.
Saturday, August 30th 2008 - 21:00 UTC
Food prices set to keep rising forecasts head of FAO

Current falls in commodity and food prices could be temporary and have not reduced concerns over their impact on developing nations, the head of the United Nations' Food and Agriculture Organisation (FAO) said on Friday.
Saturday, August 30th 2008 - 21:00 UTC
Euro zone inflation eases but economic confidence is down

Separate figures have shown as easing of inflation in the Euro zone, but a fall in economic confidence. An initial estimate from EU statistics agency Eurostat showed that the annual rate of inflation eased in August to 3.8% from a record 4% in July as oil prices cooled.
Friday, August 29th 2008 - 21:00 UTC
Land Rover imposes four day week to cut production

Land Rover has announced plans to cut production at its Solihull plant in England, including the introduction of a four-day week on some lines. Discoveries and Land Rover Sport models will no longer be manufactured on Fridays
Thursday, August 28th 2008 - 21:00 UTC
Chilean to head IMF Western Hemisphere Department

Chile's former Finance minister Nicolas Eyzaguirre was named to head the International Monetary Fund Western Hemisphere Department that oversees Latin America, the United States and Canada.
Thursday, August 28th 2008 - 21:00 UTC
EU demographic implosion set to begin in 7 years

Since its historic reunification almost two decades ago, Germany has been easily the European Union's most populous nation, with 20 million more inhabitants than its closest rival.
Thursday, August 28th 2008 - 21:00 UTC
Standard Chartered opens representation office in Santiago

Britain's Standard Chartered Bank has been authorized to open a representation office in Chile, according to an official release from the country's banking regulator, Superintendencia de Bancos e Instituciones Financieras, SBIF
Wednesday, August 27th 2008 - 21:00 UTC
UK presents before UN sea bed claim around Ascension Is

Britain is to formally present its case to the United Nations in New York for extending its territorial rights around Ascension Island in the South Atlantic. States have rights over their resources, including oil or gas reserves, up to 200 nautical miles from the shoreline.
Wednesday, August 27th 2008 - 21:00 UTC
US scientists say Arctic sea ice melting at record pace

Sea ice in the Arctic Ocean has melted to its second lowest level since satellite observations began according to the National Snow and Ice Data Center in Boulder, Colorado. The extent of sea ice in the Arctic is down to 2.03 million square miles and the lowest point since 1979 is 1.65 million square miles set last September.
Wednesday, August 27th 2008 - 21:00 UTC
Listerosis scare in Canada and class action lawsuit

Canadian Maple Leaf Foods faces millions of dollars in demands from a class action lawsuit following an outbreak of listerosis (meat poisoning) linked to the company's Toronto meat plant and which allegedly is responsible for the death of at least 15 people.