International

Monday, August 6th 2007 - 21:00 UTC
UK: House prices 'to soar by 40% and will reach £300,000'

The cost of an average home in England is set to soar by 40% during the coming five years, to break through the £300,000 barrier by 2012, a report has warned.
Monday, August 6th 2007 - 21:00 UTC
UK Probes Laboratory as Source for Foot-and-Mouth Outbreak

U.K. health and safety authorities extended their investigation into a vaccine laboratory southwest of London owned by Merck and Sanofi-Aventis as a possible source of foot-and-mouth disease after cattle became infected at a farm near the site. Merial Animal Health said that so far no breach in its procedures had been discovered.
Sunday, August 5th 2007 - 21:00 UTC
UK: Foot-and-mouth disease disease strain linked to nearby lab

The outbreak of foot-and-mouth disease on a farm in Surrey is being linked to a nearby animal research laboratory, with fears the virus could have leaked from the facility
Sunday, August 5th 2007 - 21:00 UTC
Caruana would win fourth consecutive election, says poll

Gibraltar Social Democrats would be returned to power with a comfortable 17-18 point lead if an election were held now, according to the results of an opinion poll conducted by marketing and PR company Copywrite Ltd.
Friday, August 3rd 2007 - 21:00 UTC
ECB rates unchanged at 4% but September hike is forecasted

The European Central Bank (ECB) left Eurozone interest rates on hold at 4% for the second month in a row. The Thursday decision however also anticipated that the ECB will be hiking rates next September or October
Friday, August 3rd 2007 - 21:00 UTC
Bank of England “wait and see” policy leaves rate at 5.75%

The Bank of England decided Thursday to leave the cost of borrowing at 5.75%. The Monetary Policy Committee (MPC) had been widely expected to keep rates on hold this month, as it waits to see the impact of the rises so far, but many economists predict rates will go up to 6% later this year.
Friday, August 3rd 2007 - 21:00 UTC
Volatile week ends with markets falling and fears of more to come

Stock markets in United States fell heavily on Friday following a volatile week. The Dow Jones, which saw triple digit gains on Wednesday and Thursday, fell by 2.1%, 284.8 points, to 13,178.5. The Nasdaq lost 2.5% to 2,511.25 points.
Wednesday, August 1st 2007 - 21:00 UTC
British Airways fined a record £121 after admitting collusion

British Airways has been hit with a record £121.5 million fine after it admitted to collusion over fuel surcharges on long-haul flights.
Wednesday, August 1st 2007 - 21:00 UTC
World fears that oil could reach new record prices

Oil prices are nearing an all time record after supply concerns on Tuesday lifted them above 78 US dollars a barrel, almost the 78.40 reached in the aftermath of the Lebanon conflict in July 2006.
Wednesday, August 1st 2007 - 21:00 UTC
OPEC holds 77.2% of proven global oil reserves

The Organization of Petroleum exporting countries, OPEC, holds 77.2% of the world's proven reserves and 49.3% of natural gas, according to the latest Annual Statistical Bulletin for 2006, an anticipation of which was released this week in Vienna but will be officially presented on September 13.