International

Monday, April 16th 2007 - 21:00 UTC
British pound ready to break the 2 US dollars benchmark

The British pound hit a 14-year high of 1.9938 against the dollar, with many experts believing it will break through the 2 dollars benchmark in the next few days.
Monday, April 16th 2007 - 21:00 UTC
NYT calls for the resignation of World Bank president

The New York Times has called for the dismissal of World Bank President Paul Wolfowitz who is entangled in a scandal over securing a huge pay raise awarded to a close female friend.
Friday, April 13th 2007 - 21:00 UTC
EU will not join US in WTO complaint against China

The European Union does not plan to join United States complaint to the WTO about intellectual property rights and piracy in China despite agreeing with its substance, a senior European official said on Thursday.
Friday, April 13th 2007 - 21:00 UTC
European Central Bank leaves interest rate on hold at 3.75%

The European Central Bank decision on Thursday to leave key interest rates at 3.75% came as no surprise to money markets. However the ECB said it would monitor the risks to price stability “very closely”, avoiding the stronger word “vigilance”.
Wednesday, April 11th 2007 - 21:00 UTC
March trade surplus surprise from China but not for longÃÂ¢€Ã‚Â¦

China surprised all forecasts and reported a shock tumble in the size of its trade surplus. According to official figures, the March surplus was 6.9 billion US dollars, down from 23.8 billion in February and well below the 20 billion forecast by analysts.
Wednesday, April 11th 2007 - 21:00 UTC
China announces plans to overhaul export policies

China's state media announced Wednesday the country's authorities are planning an overhaul of policies favouring the export sector in an effort to rein in its huge trade surplus and reduce tensions with major trading partners.
Monday, April 9th 2007 - 21:00 UTC
Chile's expands project to cut Argentine gas dependence

Chile could be one step closer to securing its energy supply if a new 800 million US dollars liquid natural gas (LNG) plant receives government approval. The Quintero plant (Region V) was initially designed with a capacity for 5.7 million cubic meter NLG, but has now been expanded to a 10 million cubic meters.
Monday, April 9th 2007 - 21:00 UTC
US takes China to WTO and paves way for more demands

United States on Monday dramatically sharpened trade tensions with China by launching a wide-ranging World Trade Organization complaint over copyright piracy and claims that Beijing restricts the distribution of foreign music, films and books.
Monday, April 9th 2007 - 21:00 UTC
New attempt, this time in India, to end Doha Round deadlock

Four leading trade powers will meet Wednesday in New Delhi, India for two days of potentially make-or-break talks to end a deadlock in the Doha Round of global trade negotiations.
Sunday, April 8th 2007 - 21:00 UTC
China's plan to tackle industrial and farmland pollution

Six thousand of China's top industrial polluters will be under closer scrutiny by the country's top environmental watchdog. The list, published on the website of the State Environmental Protection Administration (SEPA), includes well-known companies and factories, reports “China Daily”.