Secretary-General Ban Ki-moon has challenged the world's policymakers to start devising a comprehensive deal for tackling climate change at next month's summit in Bali, Indonesia, after a United Nations report released today found that global warming is unequivocal and could cause irreversible damage to the planet.
In his opening address at a rare Organisation of Petroleum Exporting Countries (Opec) summit in the Saudi capital, Hugo Chavez, the Venezuelan president, has warned the US over rising oil prices.
United Nations World Tourism Organisation secretary-general Francesco Frangialli issued his strongest warning yet of the threat to the industry. ”A rise in global temperatures beyond 2C will threaten the existence of our industry.
The world's largest travel fair opened this week in London with a strong focus on green issues highlighting the ever-increasing pressure on the tourism industry to promote environmentally friendly ways of seeing the world.
A blunder by OPEC on Friday exposed serious discrepancies between Saudi Arabia and Iran about whether the oil exporters' group should address the issue of the falling dollar at a rare summit of leaders this weekend in Riyadh.
Chinese spending on factories, roads and other fixed assets has risen by 27% this year suggesting official efforts to restrain the economy are failing and a new hike in interest rates can be expected.
Australians fear that the world's only known white humpback whale could be slaughtered as Japan's whaling fleet prepares to embark on its annual hunt in the Southern Ocean, reports the Sydney press.
The US dollar will remain the main currency for China's massive foreign reserves despite earlier suggestions that the weakening greenback weighed too heavily, a senior Chinese central bank official said here Wednesday.
The US dollar's weakness has benefits for global imbalances, but fund inflows to the United States could shrink if the gap between U.S. and Euro-zone interest rates reverses, warned Bank of Japan board member Atsushi Mizuno.
The Organisation of Petroleum Exporting Countries (OPEC) ruled out an output increase in the coming summit and said that the surge in global fuel prices can not be tracked to shortage of oil in the market and certainly not because of the fast-growing Indian and Chinese economies.