International

Friday, February 1st 2008 - 20:00 UTC
Climate tests China's power; concern over food supplies

With forecasts of more snow and ice, chaos in the transport and energy systems that has left millions stranded or without electricity and water, Chinese authorities are desperately trying to convince people the situation is under control.
Friday, February 1st 2008 - 20:00 UTC
OPEC leaves output unchanged: market remains well supplied

The Organization of Petroleum Exporting Countries, OPEC, left its oil production ceiling unchanged on Friday ignoring United States demands for an increase. The cartel insisted that the market remained well supplied and seemed to focus on supporting prices which have fallen 10% since the beginning of the year.
Friday, February 1st 2008 - 20:00 UTC
Australia/Japan summit to address whaling dispute

Australia's Foreign Affairs minister Stephen Smith warned Friday of tougher action to stop Japan whaling, despite calls for calm from both sides over the increasingly emotive dispute.
Thursday, January 31st 2008 - 20:00 UTC
Australia preparing to plant bumper wheat crop in 2008

High prices around the world are encouraging farmers to plant more grain and Australia is preparing to plant a bumper wheat crop in 2008 following last year's disastrous drought that drastically slashed yields.
Thursday, January 31st 2008 - 20:00 UTC
UK unveils plan to prevent repeat of a Northern Rock run

The British government unveiled plans this week to give authorities the power to swiftly seize control of a failing bank as part of an overhaul of banking laws to prevent a repeat of the run on mortgage lender Northern Rock PLC.
Wednesday, January 30th 2008 - 20:00 UTC
Regulations for EU financial industry round the corner

The leaders of Europe's biggest economies have called on financial institutions to improve transparency in all their activities. UK Prime Minister Gordon Brown met his French, German and Italian counterparts at Downing Street to discuss the recent global market turmoil. The leaders also called on the IMF and other bodies to monitor risks better.
Wednesday, January 30th 2008 - 20:00 UTC
Corruption in fishing industry rampant, study says

Rising demand and diminishing fish stocks are leading to increasing corruption in the fishing industry, a recent study by the International Union for the Conservation of Nature (IUCN) declares.
Tuesday, January 29th 2008 - 20:00 UTC
London summit to address banking and financial turmoil

Leaders of the United Kingdom, France, Germany and Italy plus the European Commission meet in London Tuesday to discuss how to respond to recent turmoil on global financial markets and greater calls for banking transparency.
Tuesday, January 29th 2008 - 20:00 UTC
2.5 million UK households are “working wealthy”

Almost 10% percent of the United Kingdom population can be regarded as wealthy, according to the 2008 Wealth Review of insurer Hiscox Ltd. This translated into 2.5 million households, Hiscox said.
Tuesday, January 29th 2008 - 20:00 UTC
Amid energy disarray China anticipates a “most difficult year”

Chinese Premier Wen Jiabao warned over the weekend that 2008 will be a “most difficult year” for the country's economy as a result of global uncertainty and domestic problems, reported on Monday China's Broadcasting Corporation.