International

Friday, November 2nd 2007 - 20:00 UTC
China hikes fuel 10% but promises no impact to consumers

China has raised fuel prices by almost 10% in an effort to ease the country's worsening supply crisis. Officials hope the extra revenue will make refiners increase production, easing the long queues and rationing at filling stations.
Friday, November 2nd 2007 - 20:00 UTC
Canadian dollar soars to record 107 US cents

The Canadian dollar jumped more than two U.S. cents Friday to a record 107.18 US cents on strong employment data and a rise in oil prices, while the green back resumed its weakness against most major currencies. So far this year the Canadian dollar has appreciated 24% against the US dollar.
Friday, November 2nd 2007 - 20:00 UTC
For new IMF chief oil prices at such level “is no surprise”

The International Monetary Fund's new managing director, Dominique Strauss-Kahn, Friday said the U.S. dollar remains overvalued --repeating the IMF forecast for the greenback--. However he discarded a recession in the US and said “it's no surprise to see the price of oil at such a level”
Friday, November 2nd 2007 - 20:00 UTC
Haiti Sri Lankan UN troops repatriated for sexual abuse

The United Nations announced Friday that it will repatriate more than 100 Sri Lankan peacekeepers serving with the UN Stabilization Mission in Haiti on disciplinary grounds.
Wednesday, October 31st 2007 - 20:00 UTC
UK pound and Euro reach new highs against US dollar

With a growing perception that US interests rates will be cut this week while UK interest rates will remain unchanged next week, the pound sterling hit its highest level against the US dollar in 26 years.
Wednesday, October 31st 2007 - 20:00 UTC
Ban Ki-moon confirms visit to Latinamerica and Antarctica

Continuing his efforts to spotlight the issue of climate change, United Nations Secretary-General Ban Ki-moon will travel to Latin America, Antarctica and Europe next week where in addition to making diplomatic contacts, he will see first-hand deforestation and other environmental problems caused by the phenomenon.
Wednesday, October 31st 2007 - 20:00 UTC
Russia cautious about UK's off Antarctic seabed claims

Russia is decisively opposed to any splitting of Antarctica based on unilateral territorial claims, although was cautious about UK's seabed claims in that region, announced a release from the Russian Foreign Ministry.
Tuesday, October 30th 2007 - 20:00 UTC
UN expert describes bio-fuels as “crime against humanity”

A United Nations expert has condemned the growing use of crops to produce bio-fuels as a replacement for gasoline as a crime against humanity. The UN special rapporteur on the right to food, Jean Ziegler, said he feared bio-fuels would bring more hunger.
Tuesday, October 30th 2007 - 20:00 UTC
Tourism promotes understanding among cultures says UN

Tourism can play a key role in advancing understanding among cultures, United Nations Secretary-General Ban Ki-moon said on Tuesday.
Monday, October 29th 2007 - 20:00 UTC
Transition to organic wool picks up in Australia, New Zealand

Australian wool broker Lanoc Wool has recently initiated a 'transition to organics' course with the help of TM Organics and a group of ten woolgrowers who collectively produce around 3000 bales per annum.