International

Tuesday, February 3rd 2009 - 20:00 UTC
UK unions seek disclosure from “nationalized” banks

Banks which have received UK Government help to deal with the financial crisis should be made to reveal full details of their tax haven activities, urged union leaders in Britain, reports The Gibraltar Chronicle.
Tuesday, February 3rd 2009 - 20:00 UTC
FAO brokers binding accord to close ports to pirate fishing

Representatives of over 80 countries have made significant progress in negotiating a binding international agreement aimed at closing ports to ships involved in illegal, unreported and unregulated (IUU) fishing.
Monday, February 2nd 2009 - 20:00 UTC
UK paralyzed by snow storm and more forecasted

Tens of thousands of people were left stranded Monday as the heaviest snowfall to hit the United Kingdom in 18 years swept across the country, causing travel chaos and closing thousands of schools. And more snow is on the way. Helen Chivers, a forecaster with the Met Office, said a large area of sleet and snow showers was moving out of France on its way to the UK.
Monday, February 2nd 2009 - 20:00 UTC
Millions of migrant rural workers in China are jobless

An estimated 20 million Chinese migrant workers that left impoverished rural areas for jobs in the booming cities workshops are now unemployed as a direct consequence of the world crisis, admitted a high official from the ruling Communist party in Beijing.
Monday, February 2nd 2009 - 20:00 UTC
Wreckage of 18th century legendary HMS Victory found

A shipwreck believed to contain more than a billion dollars of gold has been discovered at the bottom of the English Channel. HMS Victory, the legendary British warship which was the predecessor to Lord Nelson's Victory, sank during a storm in 1744, taking more than 1,000 sailors to their deaths
Saturday, January 31st 2009 - 20:00 UTC
UK: 'Nationalise private schools' plans

The Government could nationalise private schools hit by the recession by turning them into state-funded academies, it has been reported.
Friday, January 30th 2009 - 20:00 UTC
Norway investment fund drops “non ethical” corporations

Norway's state investment fund has blacklisted US firm Textron, owner of top plane-maker Cessna, and Canadian mining firm Barrick Gold. The fund, an ethical investor, sold shares in the firms because Textron makes cluster bombs and because of environmental concerns about Barrick.
Friday, January 30th 2009 - 20:00 UTC
Rio Tinto sells mining assets in Argentina and Brazil

Anglo-Australian Rio Tinto Group is selling mining assets in Argentina, Brazil and Canada to Brazilian competitor Vale Doce for 1.6 billion US dollars in an attempt to reduce its 39 billion debt load y 10 billion. The group also admitted it was considering a big equity issue.
Friday, January 30th 2009 - 20:00 UTC
Unemployment in EU: 18 million and another 3.5 m by 2010

Unemployment in the Euro zone countries climbed to 8% in December, the highest in over two and a half years, with the total number of jobless reaching 12.472 million in the Euro zone and 17.911 million in all the 27 EU member states according to a Eurostat study released on Friday
Friday, January 30th 2009 - 20:00 UTC
Ban Ki-moon urges Davos leader to forge “”Green New Deal”

Secretary-General Ban Ki-moon called on the world's business and other leaders to use the current economic crisis to launch a global “Green New Deal” that creates jobs and fights climate change by investing in renewable energy and technological development.