International

• Friday, August 31st 2007 - 21:00 UTC

  Most powerful woman blasts credit and risk rating agencies

  

  German Chancellor Angela Merkel speaking in Tokyo criticized credit ratings agencies for not spotting companies with problems amid the current market instability. German banks have been the worst hit in Europe so far by the problems linked to the US sub-prime mortgage crisis.

• Friday, August 31st 2007 - 21:00 UTC

  Britain marks 10th anniversary of Princess Diana death

  

  Prince Harry has told a service to mark the 10th anniversary of the death of Diana, Princess of Wales, that she was “the best mother in the world”. Family and friends this Friday joined Princes William and Harry for the service at Guards' Chapel near Buckingham Palace.

• Thursday, August 30th 2007 - 21:00 UTC

  Controversy surrounds election of next IMF managing director

  

  The race to fill the post of Managing Director of the International Monetary Fund, IMF, completes a decisive leg this Friday when the period to register candidacies comes to a close at midnight.

• Thursday, August 30th 2007 - 21:00 UTC

  The most powerful women in politics according to Forbes

  

  The Forbes list of the World's Most Powerful Women this year includes 29 women helping to run governments around the world. Though that's flat from 30 in last year's ranking, those who have stayed continue to flex their muscles.

• Thursday, August 30th 2007 - 21:00 UTC

  Five senior posts reshuffle in Chinese cabinet

  

  China replaced the finance minister, the head of the secret police and three other Cabinet members in a major reshuffle of senior posts ahead of a major Communist Party meeting that will set policies for the next five years.

• Wednesday, August 29th 2007 - 21:00 UTC

  Global markets react fearful of big banks performance

  

  Wall Street shares cast a shadow over global stock markets again after warnings that the problems in credit markets will hit big banks' profits. The Dow Jones suffered its biggest fall since 9 August on Tuesday, closing down 280.3 points or 2.1% at 13,041.9.

• Wednesday, August 29th 2007 - 21:00 UTC

  China anti-corruption campaign weeds out Finance minister

  China's Finance Minister Jin Renqing has been transferred to a government think-tank and will be replaced by the country's top tax collector, confirmed on Wednesday Beijing sources following press reports.

• Tuesday, August 28th 2007 - 21:00 UTC

  Airlines worldwide paper ticket replace in June 2008

  

  ”The International Air Transport Association (IATA) today announced it has placed its final order for paper tickets. Some 16.5 million paper tickets were ordered from 7 specialized printers to supply the 60,000 accredited IATA travel agents in 162 markets around the world until 31 May 2008.

• Monday, August 27th 2007 - 21:00 UTC

  Australia will host 2007 APEC Summit

  

  Asia-Pacific leaders will be asked to back practical ways for their nations to save energy when they meet at a regional summit in Sydney, Australian Prime Minister John Howard said on Monday.

• Monday, August 27th 2007 - 21:00 UTC

  UN global climate change meeting opened in Vienna

  

  United Nations-backed climate change talks drawing 1,000 representatives from over 150 Governments, business and industry, environmental organizations and research institutions kicked off in Vienna Monday, preparing the way for a global summit set for later this year in Bali.