International

Monday, March 5th 2007 - 21:00 UTC
Uncertain week for global markets: all eyes on China

Global stock markets face an uncertain week after a slump in China and fears of an economic slowdown in United States saw the biggest sell-off in more than four years.
Monday, March 5th 2007 - 21:00 UTC
Global markets volatility persists: investors dump stocks

The global stock market slump has entered its second week with stocks plunging in Wall Street, Asia, Europe and Latinamerica. Although the key US Dow Jones index remained positive for most of Monday, towards the end of the session it closed down 63.7 points, or 0.5%, at 12,050.4.
Monday, March 5th 2007 - 21:00 UTC
Bush vows millions for Latin American programs

President Bush, facing criticism he has ignored Latin America, said Monday the region's grinding poverty is a scandal that has caused some to question the value of democracy.
Monday, March 5th 2007 - 21:00 UTC
FAO sounds alarm on some high-seas fish stocks

The Food and Agriculture Organisation (FAO) on Monday voiced “serious concern” over a number of species of fish caught on the high seas and called for better monitoring and management of the stocks.
Sunday, March 4th 2007 - 21:00 UTC
Ethanol prices could push food prices higher warns USDA

Ethanol will devour 50% more corn this year, eating into the food industry's share of the crop, anticipated the United States Agriculture Department. From breakfast cereal to beef to beer, competition from ethanol could raise prices for all kinds of foods.
Sunday, March 4th 2007 - 21:00 UTC
BA and Virgin knock open sky deal

British Airways and Virgin Atlantic have criticised a new “open skies” deal between the European Union and US that aims to open up their airline markets.
Friday, March 2nd 2007 - 21:00 UTC
Greenspan's toning down of forecast could calm volatility

Toning down his earlier warning over a recession in the United States later this year, former U.S. Federal Reserve Chairman Alan Greenspan told a Tokyo seminar Thursday that he does not think economic slowdown in the US is “probable”.
Thursday, March 1st 2007 - 21:00 UTC
South Africa looking into windfall tax for mining industry

Mining companies may be required to pay a windfall tax in South Africa if the recommendations of finance minister Trevor Manuel's task team are implemented, South African daily Business Day reported this week.
Thursday, March 1st 2007 - 21:00 UTC
Shanghai and Wall Street rebound, but volatility looms

Chinese stock markets rebounded Wednesday following their deepest fall in a decade but most markets in Asia and Europe kept sliding for a consecutive second day amid fears of a slowing of China and the United States economies.
Thursday, March 1st 2007 - 21:00 UTC
UN calls on new generation to take better care of planet earth

United Nations Secretary-General Ban Ki-moon called Friday on the world's younger generation to take better care of Planet Earth in the face of global warming than his own.