International

Wednesday, August 22nd 2007 - 21:00 UTC
Barclays borrows from BoE standing lending facility

Barclays was identified as the bank that borrowed £ 314 million (624 million US dollars) from the Bank of England's standing lending facility, the first time the financial instrument has been used since credit conditions deteriorated a month ago.
Tuesday, August 21st 2007 - 21:00 UTC
World economy prospects still good, says IMF

Ministers responsible for the economy and finance, and governors and administrators of central banks from Africa and the International Monetary Fund officials are in Maputo Monday discussing the commitment of the Breton Woods institution towards the continent.
Tuesday, August 21st 2007 - 21:00 UTC
China hikes interest rates for the fourth time this year

China raised interest rates on Tuesday for the fourth time this year in an attempt to control the country's economic expansion as stock prices hit another record high and inflation in July was the highest in a decade.
Saturday, August 18th 2007 - 21:00 UTC
ECB reiterates commitment to “price and financial stability”

The European Central Bank will do its job to preserve price stability, ECB governing council member and president of Germany's Bundesbank Axel Weber reiterated Friday.
Saturday, August 18th 2007 - 21:00 UTC
UK: Foot-and-mouth restrictions eased

Farmers are able to begin moving calving cows again after the Government's foot-and-mouth transport restrictions were eased.
Saturday, August 18th 2007 - 21:00 UTC
Sub-prime quake: EU will review credit rating industry

The European Commission is planning to review the credit rating industry after suggestions the sector was too slow to warn on the US sub-prime loans crisis, according to The Financial Times.
Thursday, August 16th 2007 - 21:00 UTC
UN Tourism organization plans “carbon-neutral” conference

The United Nations World Tourism Organization has announced that it will try to make all travel, accommodation and activities related to a climate change conference it is staging in early October “carbon neutral” to set an example about the benefits of offsetting greenhouse gas emissions.
Thursday, August 16th 2007 - 21:00 UTC
Fears of worse to come make markets immune to liquidity injections

A week after share prices around the world first began to fall markets in Asia on Thursday were still on the way down following on the volatility that has gripped United States and European markets.
Thursday, August 16th 2007 - 21:00 UTC
UK: Foot-and-mouth control zones lifted but relentless vigilance still needed

Defra has confirmed that two temporary control zones in Kent and Surrey, set up to prevent the spread of foot and mouth disease, have been lifted.
Thursday, August 16th 2007 - 21:00 UTC
RN super destroyer surpasses all expectations in trials

A Royal Navy warship built in Clyde shipyards and billed as the world's most advanced destroyer finished Thursday its first test run on the open sea. HMS Daring, the first in a batch of six destroyers ordered by the Royal Navy, has completed a month of sea trials and arrived at the town of Largs on the west coast.