International

Tuesday, November 13th 2007 - 20:00 UTC
October food prices in China soar 17.6% in twelve months

China's consumer prices rose sharply in October reaching a decade-high monthly inflation rate of 6.5% adding to pressure for measures to cool the politically sensitive continuous surge in food prices.
Tuesday, November 13th 2007 - 20:00 UTC
Saudi prince buys the first VIP A380 Flying Palace

Airbus revealed the name of the first individual to purchase the A380 super-jumbo, the world's largest passenger plane. Saudi billionaire Prince Alwaleed bin Talal is the mystery buyer of the VIP A380 version also called the Flying Palace.
Tuesday, November 13th 2007 - 20:00 UTC
Growing rift among developing countries on global trade talks

Developing countries are deeply divided about how to advance on global trade talks and few ministers will attend a meeting this week meant to show their unity.
Tuesday, November 13th 2007 - 20:00 UTC
Europe asks China for more financial “responsibility”

Euro-zone finance ministers urged China to bear more “responsibility” for global financial stability as they prepared a top-level mission to lobby Beijing about its runaway trade surplus with Europe.
Tuesday, November 13th 2007 - 20:00 UTC
IMF predicts Europe will weather 2008 credit-crunch impact

Economic growth will slow in most European economies in 2008, with a number of countries vulnerable to tightening credit because of rapid rises in housing costs or high levels of private debt, the International Monetary Fund has reported.
Tuesday, November 13th 2007 - 20:00 UTC
Global banks could loose 400 billion with US housing slump

Global banks are likely to loose up to 400 billion dollars stemming from mortgage investments that have soured in the US housing slump, according to an industry report. Major banks will have to continue to write off stricken multibillion investments in mortgage backed securities.
Saturday, November 10th 2007 - 20:00 UTC
UN Chief Ban Ki-moon looks at Antarctica glaciers

U.N. Secretary-General Ban Ki-moon visited the Antarctica on Friday to see firsthand the impact of climate change and the melting of glaciers.
Friday, November 9th 2007 - 20:00 UTC
FAO forecasts high world cereal prices next year

World cereal prices are expected to stay high during the next year because of low global stocks, production problems and continued strong demand, according to the latest forecast of the United Nations Food and Agriculture Organization (FAO), released Wednesday.
Friday, November 9th 2007 - 20:00 UTC
UN urges basic sanitation for 40% of world population

In anticipation of the International Year of Sanitation in 2008 and with more than 2.6 billion people – 40% of the world's population – lacking access to toilets and other sanitation facilities, the head of the United Nations Human Settlements Programme has urged governments to adopt low-cost technology to ensure adequate sanitation for all.
Friday, November 9th 2007 - 20:00 UTC
UN defines democracy and calls for International Day

Stressing the continuing need to promote democratization, development and respect for human rights and fundamental freedoms, the General Assembly agreed to observe 15 September each year as the International Day of Democracy.