International

Saturday, September 6th 2008 - 21:00 UTC
US, China and Europe: different instruments, different realities

On September 1 and 2, world bankers, economists and finance academics participated in an event hosted by the Argentine Central Bank, “Financial Turbulences. Impact on Developed and emerging economies”
Friday, September 5th 2008 - 21:00 UTC
Retail fish prices soar by nearly 23% in United Kingdom

United Kingdom prices have risen by 8.3%t since the beginning of the year amid fears that Britain is facing the worst economic conditions in decades, a report said Friday.
Thursday, September 4th 2008 - 21:00 UTC
Inflation/growth dilemma leaves UK rates on hold at 5%

The Bank of England Monetary Policy Committee (MPC) decided on Thursday to keep interest rates on hold at 5% for a fifth month as it struggles to deal with a slowing economy and soaring inflation.
Thursday, September 4th 2008 - 21:00 UTC
ECB admits inflation and low growth prospects will persist

With annual inflation rates likely to remain “well above levels consistent with stability” and the latest data confirming the “weakening of real GDP growth in mid 2008”, the European Central Bank, ECB, has left interest rates unchanged at 4.25%.
Thursday, September 4th 2008 - 21:00 UTC
Lamy confirms global trade talks posted to resume next week

The Doha round global trade negotiations will resume “at senior official level” next Tuesday announced World Trade Organization Director General Pascal Lamy on Thursday in Oslo.
Wednesday, September 3rd 2008 - 21:00 UTC
FAO guidelines to ease impact of deep sea areas fishing

Two years of negotiations have resulted in the adoption of new international guidelines to limit the impact of fishing on fragile deep sea fish species and habitats, the United Nations Food and Agriculture Organization, FAO, announced on Wednesday.
Wednesday, September 3rd 2008 - 21:00 UTC
Airlines posted to loose USD 9.3 billion in 2008/09

The global airline industry is expected to post losses of 5.2 billion US dollars this year and another 4.1 billion in 2009, according to the International Air Transport Association (IATA). This year's losses are based on an average crude oil price of 113 US dollars per barrel and 140 US dollars for jet fuel.
Wednesday, September 3rd 2008 - 21:00 UTC
IMF agrees voluntary conduct code for sovereign funds

The International Monetary Fund (IMF) has agreed a voluntary code of conduct with sovereign wealth funds (SWF). The deal with 26 countries that run investment funds will be put to the IMF members at its October meeting.
Wednesday, September 3rd 2008 - 21:00 UTC
Euro zone economy contracts 0.2% in second quarter

The Euro zone economy (EU-15) contracted 0.2% in the second quarter compared to the previous three months according to the latest release from the Eurostat statistics office. As a consequence the Euro fell to its lowest in eight months to 1.4386 US dollars.
Wednesday, September 3rd 2008 - 21:00 UTC
China's leading soft drink maker moves into juice market

Coca Cola the world's largest beverage maker is to buy China's main fruit juice company for 2.4 billion US dollars, the biggest foreign acquisition of a Chinese company. The offer is three times the market value.