Australians fear that the world's only known white humpback whale could be slaughtered as Japan's whaling fleet prepares to embark on its annual hunt in the Southern Ocean, reports the Sydney press.
The US dollar will remain the main currency for China's massive foreign reserves despite earlier suggestions that the weakening greenback weighed too heavily, a senior Chinese central bank official said here Wednesday.
The US dollar's weakness has benefits for global imbalances, but fund inflows to the United States could shrink if the gap between U.S. and Euro-zone interest rates reverses, warned Bank of Japan board member Atsushi Mizuno.
The Organisation of Petroleum Exporting Countries (OPEC) ruled out an output increase in the coming summit and said that the surge in global fuel prices can not be tracked to shortage of oil in the market and certainly not because of the fast-growing Indian and Chinese economies.
World oil reserves at current demand are sufficient for the next century and the global oil industry should aim to produce at least 3 trillion bbl from conventional recoverable resources in known fields and discoveries over the next several decades, according to the head of Saudi Aramco.
The European Union consumer protection chief has accused low-cost airlines of obscuring the true price of airfare. The carriers were given four months to change their advertising practices or face restrictions on their Web sites.
Government officials and scientists from around the world are gathered in Valencia, Spain, for a United Nations conference that will culminate with the release later this week of a seminal report on addressing the impacts of climate change.
The European Parliament voted Tuesday to include airlines in the EU strategy to cut greenhouse gases, giving all carriers flying within or into the 27-nation bloc until 2011 to offset some of their emissions by buying carbon dioxide allowances on the open market.
The world's largest travel fair opened this week in London with a strong focus on green issues highlighting the ever-increasing pressure on the tourism industry to promote environmentally friendly ways of seeing the world.
The type of bird flu found in turkeys on an English farm is the virulent H5N1 strain, according to UK government veterinarians. The virus was discovered on Sunday at Redgrave Park Farm near Diss, Suffolk where all 6,500 birds, most of them turkeys, are being slaughtered.