International

Thursday, March 1st 2007 - 21:00 UTC
Global markets fail to recover on fears of corporate earnings

World shares dropped for a third day Thursday on concerns about growth in leading economies and the outlook for corporate profits. A large slide in Europe and Asia was compounded by a drop on US indexes.
Wednesday, February 28th 2007 - 21:00 UTC
Gibraltar has a Parliament, MPs and is “effectively decolonized”

Gibraltar's House of Assembly was consigned to the history books this week as the Gibraltar Parliament convened for its first session under the framework of the new Constitution. The precincts of the former House will from now on be known as Parliament Building reports the Gibraltar Chronicle.
Wednesday, February 28th 2007 - 21:00 UTC
Iberia Madrid-Gibraltar flights register 50% occupancy

Passenger occupation levels of the new Iberia Madrid-Gibraltar flight stands at approximately 50%, according to official figures released by the Spanish airline at the weekend and reported in the Gibraltar Chronicle.
Wednesday, February 28th 2007 - 21:00 UTC
UN decolonization: “a success story albeit unfinished”

Decolonization, part of the United Nations' founding mission, is a success story, albeit an unfinished one, said United Nations Deputy Secretary-General, Asha-Rose Migiro at the opening of this year's annual meeting of the 24-member Special Commission on Decolonization at UN Headquarters in New York.
Wednesday, February 28th 2007 - 21:00 UTC
Japan cuts short 2006/07 Antarctic whale hunt season

Japanese whalers have officially called off their annual Antarctic whale hunt following a devastating fire aboard the fleet's mother ship. Japan's Institute for Cetacean Research (ICR) has released a statement saying the whaling ships were on their way home early.
Wednesday, February 28th 2007 - 21:00 UTC
UN outlines plan for cutting climate change risks

Improved transportation systems, tighter building codes and financing for energy-efficiency investments are among the measures recommended in a new scientific report on coping with climate change that was prepared at the request of the United Nations.
Tuesday, February 27th 2007 - 21:00 UTC
Climate change champion and Oscar winning Al Gore to visit Chile

Nobel Peace Prize nominee and former Clinton administration vice-president Al Gore will make a trip to Chile this coming May as the guest of 2005 conservative presidential candidate Sebastian Piñera. And a very expensive guest at that: Gore's visit will cost almost 400.000 US dollars.
Tuesday, February 27th 2007 - 21:00 UTC
China's black Tuesday spills to the global economy

Stock markets round the world slumped Tuesday to record lows of 2001 and 2004, with the US Dow Jones index plummeting by more than 400 points and Latinamerican markets posting sharp losses averaging 4%.
The sell-off was sparked by a near 9% down slide on the Shanghai Composite Index, (the worst in a decade) as investors worried that China may pass rules to limit demand for stocks. Banks, automobiles and steel companies were hardest hit.
Monday, February 26th 2007 - 21:00 UTC
Euro zone concerned with falling Yen and US dollar

European finance ministers meeting in Brussels opened their monthly meeting Monday with European Central Bank President Jean-Claude Trichet, downplaying fears of inflation and calling for exchange rates to stabilize
Monday, February 26th 2007 - 21:00 UTC
Greenspan forecasts “possible” US recession end of 2007

Former Federal Reserve Chairman Alan Greenspan said Monday in a video conference with Hong Kong businessmen that a recession in the United States economy was “possible” at the end of the year because the economy has grown since 2001.