International

Wednesday, June 4th 2008 - 21:00 UTC
Nigeria to name new operator for Shell wells in Ogoniland

Oil fields abandoned by Royal Dutch Shell in Nigeria's Ogoniland in the Niger Delta 15 years ago will be given to another oil company this year, President Umaru Yar'Adua said on Wednesday during a visit to South Africa, according to press reports.
Tuesday, June 3rd 2008 - 21:00 UTC
Shell CEO says there's no physical shortage of oil in the world

Oil giant Shell corporation Chief Executive Jeroen van der Veer said on Monday he did not see any shortage of physical oil supplies, echoing the view of many OPEC ministers who say the world market is well-supplied.
Tuesday, June 3rd 2008 - 21:00 UTC
UN Chief Ban Ki-moon urges action on food crisis

U.N. Secretary General Ban Ki-moon will issue an urgent plea to world leaders at a food summit in Rome on Tuesday to immediately suspend trade restrictions, agricultural taxes and other price controls that have helped fuel the highest food prices in 30 years, according to U.N. officials.
Tuesday, June 3rd 2008 - 21:00 UTC
Trichet warns Europe about reactions to crude prices crisis

The European Central Bank president Jean-Claude Trichet set the tone at the ECB's 10th anniversary event by warning that bad management of the oil crisis in the 1970s (meaning large wage rises and low interest rates) seriously hurt the economy and jobs, and that the errors of the past must not be repeated. “This anniversary is no time for complacency,” Trichet said.
Tuesday, June 3rd 2008 - 21:00 UTC
FAO wants 30 billion annually to re-launch agriculture

Noting that the time for talk was over and that action was urgently needed, FAO Director-General Jacques Diouf appealed to world leaders for 30 billion US dollars a year to re-launch agriculture and avert future threats of conflicts over food.
Monday, June 2nd 2008 - 21:00 UTC
Half of world fish trade sourced by developing countries

Driven by rising consumption worldwide, the international trade in fish products is expanding at a rapid pace, according to an FAO paper presented on Monday at an intergovernmental meeting in Germany.
Monday, June 2nd 2008 - 21:00 UTC
Iceland and Norway exporting tons of whale meat to Japan

Companies from Iceland and Norway have begun exporting whale-meat to Japan. About 60 tons of meat from fin whales caught in the 2006 Icelandic hunt was reportedly sent with a much smaller amount of minke meat from Norway according to a report from BBC.
Monday, June 2nd 2008 - 21:00 UTC
Land Rover and Jaguar now belong to Tata from India

India's top car manufacturer Tata Motors Ltd. Announced on Monday it had completed the 2.3 billion US dollars acquisition of Jaguar and Land Rover. The deal, which was agreed in March, includes all necessary intellectual property rights, manufacturing plants, two advanced design centres in the UK and a worldwide network of sales companies, Tata Motors said in a statement.
Sunday, June 1st 2008 - 21:00 UTC
Regional conflicts and food prices in OAS assembly agenda

The 38th General Assembly of the Organization of American States, OAS, opened this weekend in Colombia and although the motive of the meeting is “Youth and democratic values”, more pressing issues will have to be addressed by the gathering.
Sunday, June 1st 2008 - 21:00 UTC
Financial markets can not govern us!

Appealing to common sense, experience and ethics nine distinguished European political personalities and former elected officials have sent a letter to the President of the European Commission warning about the consequences of the current financial crisis, which is showing “once again that the financial market is not capable of self-regulation” and calls for the immediate naming of a “European crisis committee”.