International

Friday, July 31st 2009 - 03:32 UTC
Spanish Central bank warns about budget deficit and market confidence

The Spanish economy contracted 0.9% in the second quarter of the year, an improvement over the 1.9% fall of the previous quarter but still 4% below the same quarter a year ago, according to the latest release from the Central Bank.
Thursday, July 30th 2009 - 14:05 UTC
World skyscraper construction slips 10% in first half of 2009

Construction on more than 10% of 1.306 planned skyscrapers was on hold at the end of June, and there were 11% fewer such projects under way compared with six months ago, according to a report released this week by Frankfurt based Emporis GmbH.
Thursday, July 30th 2009 - 14:02 UTC
The US dollar to remain as world’s reserve currency says IMF chief

The US dollar is likely to remain as the world’s reserve currency said on Wednesday International Monetary Fund Managing Director Dominique Strauss-Kahn interviewed by France 24 television.
Thursday, July 30th 2009 - 06:11 UTC
UK richest fifth have gross income 16 times higher than the poorest fifth

The gap between the rich and poor in the United Kingdom remained at a high level in 2007-8, official statistics have shown. The richest fifth of the population had an income, before tax and benefits, 16 times greater than the poorest fifth.
Thursday, July 30th 2009 - 06:05 UTC
IMF announces more loans and zero interest for the world’s poorest countries

The IMF has announced a new framework for loans to the world’s poorest nations, including increased resources, a doubling of borrowing limits, zero interest rates until the end of 2011, and more flexible terms.
Wednesday, July 29th 2009 - 12:26 UTC
Russia to experiment fishing guided by the Space Station

Russian cosmonauts working at the International Space Station will help the country’s fishing fleet to detect fish schools and other resources in oceans according to the Russian Space Flights Control Centre (SFCC).
Wednesday, July 29th 2009 - 12:24 UTC
US/China agree to fight protectionism, but doubts linger on US dollar

United States and China are committed to fighting protectionism, said US Treasury Secretary Timothy Geithner following two days of high-level talks. The two countries share an interest in ensuring that trade remained “open and rules-based”.
Wednesday, July 29th 2009 - 12:22 UTC
British Tories 18 points ahead of Labour, show latest poll

British Conservatives have stretched their lead over Labour to 18 points, according to a new opinion poll. The ComRes survey put David Cameron's party on 42%, up six points on last month's poll, with Labour down one point on 24%.
Tuesday, July 28th 2009 - 14:50 UTC
European Union tightens fisheries conservation policies

The European Union is committed to combat all predatory practices in the European Community seas and globally to ensure the conservation of many species on the verge of extinction. For this purpose the EC has the Community Fisheries Control Agency, CFCA, based in Vigo, Spain.
Tuesday, July 28th 2009 - 14:39 UTC
US/China ever more competitors but also inter-dependent

The relationship between United States and China will shape the 21st Century, said President Barack Obama as top officials met Monday in Washington for talks. “Co-operation, not confrontation” was the way forward, he said, with climate change, security and the economy all areas where common ground existed.