Archive for April 23rd, 2008

Colombia celebrates Earth Day with environmental campaigns

Wednesday, April 23rd, 2008

Campaigns to improve air and water quality were launched nationwide in Colombia Tuesday to celebrate Earth Day. Juan Lozano, Colombia's Environment, Housing and Development Minister, said the campaigns are aimed at fighting air and ...

Philippines says no official notification of Malaysian peacekeepers pull-out

Wednesday, April 23rd, 2008

The Philippine government said it has not received a notification from the Malaysian government regarding the withdrawal of its peace monitoring contingent in the Philippine southern region of Mindanao, reports said Wednesday. Rafae ...

London stock market closes lower

Wednesday, April 23rd, 2008

The British leading shares ended lower on Tuesday after confirmation of the 12-billion-pound rights issue of the Royal Bank of Scotland (RBS) triggered a slide in bank shares. RBS shares were down 3.9 percent and other banks also sl ...

EU current account deficit narrows in Q4 of 2007

Wednesday, April 23rd, 2008

The European Union (EU) current account deficit narrowed in the fourth quarter of last year, official figures from EU statistics bureau Eurostat showed Tuesday. In the last three months of 2007, the EU's current account recorded a ...

EU says imports from developing countries growing

Wednesday, April 23rd, 2008

Imports from developing countries to the European Union (EU) have continued to rise, the European Commission said on Tuesday. Figures showed that EU imports from developing countries rose by 16 percent in 2006 from 2005 and by 14 p ...

Euro tops 1.60 dollars for first time

Wednesday, April 23rd, 2008

The euro surpassed the psychologically important mark of 1.60 U.S. dollars for the first time on Tuesday after a European Central Bank (ECB) official reiterated the bank's hard-line policy to control inflation. In late afternoon tra ...

Bank of Canada cuts key interest rate

Wednesday, April 23rd, 2008

The Bank of Canada Tuesday cut its overnight lending interest rate by half a percentage point to 3 percent. The bank also lowered its outlook for economic growth to 1.4 percent for this year. In January, the bank forecast the growth ...

Number of homes entering foreclosure hits record in California

Wednesday, April 23rd, 2008

Sinking home values and the collapse of flimsy mortgages sent a record number of California homes into the foreclosure process in the first three months of this year, DataQuick Information Systems said Tuesday. Owners of 110,000 Cal ...