International

Sunday, February 8th 2009 - 20:00 UTC
Tories deny any possibility of Scottish independence

United Kingdom Conservative leader David Cameron has said he would do everything in his power to prevent Scottish independence if he becomes Prime Minister. Mr Cameron's assertion comes days after his party backed the SNP's (Scottish National Party) budget north of the border.
Sunday, February 8th 2009 - 20:00 UTC
UK warning: another freezing night and icy Monday forecasted

Forecasters warned more snow is on the way to Great Britain and the Government widened the search for foreign road salt and one council started using table salt to grit its roads.
Sunday, February 8th 2009 - 20:00 UTC
Warning to British “nationalized” banks on bonus rewards

British Chancellor Alistair Darling has told RBS (Royal Bank of Scotland) failure should not be rewarded with huge bonuses, but says he cannot rule out pay-outs for some staff.
Saturday, February 7th 2009 - 20:00 UTC
Snow storms and freezing temperatures shutdowns UK

Forecasters have warned of very low temperatures overnight, after snow brought a fifth day of chaos to the UK. Road, rail and air transport was again badly affected, while hundreds of schools were again closed.
Saturday, February 7th 2009 - 20:00 UTC
IMF calls on G20 for more action to combat corrosive crisis

The IMF has urged the Group of Twenty (G-20) industrialized and emerging market countries to take more decisive policy action to combat the corrosive global financial and economic crisis by bolstering demand and cleaning up the financial sector.
Saturday, February 7th 2009 - 20:00 UTC
Reviving the damaged financial system

Restoring financial health will require a three-pronged approach, involving the continued provision of ample liquidity and term funding support from central banks, dealing promptly and aggressively with distressed assets, and recapitalizing viable institutions with public funds.
Saturday, February 7th 2009 - 20:00 UTC
UK manufacturing output declined 10% in twelve months

Manufacturing output declined at its fastest rate since 1981 in December, underscoring the fragile state of the UK economy, official figures show. The Office for National Statistics (ONS) said it fell 10.2% from a year earlier as recession hit the sector.
Friday, February 6th 2009 - 20:00 UTC
UNESCO calls for preservation of HMS Victory wreck

The head of the United Nations cultural agency today called for the preservation of a British man-o-war sent to the bottom of the English Channel by a storm in 1744 with all hands and, it is said, a sizeable gold treasure.
Friday, February 6th 2009 - 20:00 UTC
Global organizations warn of protectionist “tendencies”

German Chancellor Angela Merkel and the heads of the world's five leading financial organizations pledged Thursday in Berlin to increase cooperation as part of a joint effort to combat the global economic recession and called on all countries to resist “protectionist tendencies”.
Thursday, February 5th 2009 - 20:00 UTC
Spain unemployment rate 14.4% or 3.3 million jobless

Unemployment in Spain, which has the highest jobless rate in the European Union, rose by the most in at least 13 years in January in the 10th monthly increase totalling 3.3 million out of jobs, reported this week the Labour ministry.