China announced Friday the appointment of a new Foreign Affairs Minister, replacing veteran diplomat Li Zhaoxing with a younger Yang Jiechi, who is a former ambassador to the United States.
Inflation in China is forecasted to stay within the government's target zone of 3% in 2007 giving Beijing authorities enough space to push ahead with pricing reforms for resources, according to a government economist.
Differences emerged this week in Geneva between developing countries over a key issue in World Trade Organization (WTO) agriculture talks: basically the degree to which poorer food importing countries can protect their farmers in any eventual tariff-cutting WTO deal by designating certain products as special.
A United Nations-sponsored gathering of young people from around the world has issued a global call to arms for governments, schools, universities, the media, the entertainment industry, bartenders and youths themselves to take action to improve road safety for young people — who are more likely to be killed by road accidents than any other cause.
Britain's Barclays bank agreed to merge with Dutch bank ABN Amro in a deal worth 90 billion US dollars, creating one of the world's largest banks with a turnover of 190 billion US dollars.
A refurbished oil refinery set to begin production next December could turn Cuba from a net import dependent to an oil refined products exporters, according to the official press in Havana.
The body of former Russian President Boris Yeltsin is to lie in state in Moscow ahead of a funeral on Wednesday
Japan's Toyota sold more vehicles globally in the first quarter of 2007 than General Motors according to preliminary figures the clearest sign yet that the Japanese company is on track to overtake its U.S. rival as the world's top automaker.
China warned this week that the recent complaints filed by the United States against China to the World Trade Organization (WTO) would seriously damage cooperation between the two countries.
Europe's main stock markets closed lower in line on Tuesday following a weak performance on Wall Street and the full impact of the Spanish stock exchange hit by a housing market crash.