International

• Saturday, February 10th 2007 - 20:00 UTC

  Emerging markets diversity outpaces JP Morgan

  

  JP Morgan's family of EMBI (Emerging Markets Bond Index) indexes, once seen as the most important measure of aversion to developing countries' risk, no longer expresses the diversity of fast-growing emerging markets, the bank admitted in a report

• Saturday, February 10th 2007 - 20:00 UTC

  UK Farmers urge ban on poultry imports

  

  Farmers are calling for a ban on raw imported poultry meat from countries infected with the H5N1 bird flu virus until the cause of the UK outbreak has been established.

• Friday, February 9th 2007 - 20:00 UTC

  G 7 Ministers address world financial markets' stability

  

  Europe's concern with the stability of world financial markets is one of the main issues to be addressed by the seven most industrialized countries Finance ministers meeting, G-7, which is meeting in Germany and will see China participate for the first time in the main debates.

• Thursday, February 8th 2007 - 20:00 UTC

  ECB warns about medium term risks to price stability

  

  The European Central Bank, ECB, decided Thursday to keep its key interest rate on hold at 3.5%, but pointed out that “strong vigilance” remains essential to ensure that “risks to price stability over the medium term do not materialize”.

• Thursday, February 8th 2007 - 20:00 UTC

  Bank of England leaves rates unchanged at 5.25%

  

  The Bank of England left interest rates unchanged at 5.25% following a surprise rise last month. In January, the Bank increased rates from 5.0% to 5.25% in an attempt to curb inflation, which had hit an 11-year high of 3% the month before.

• Wednesday, February 7th 2007 - 20:00 UTC

  US Fed chief warns about growing economic inequality

  United States Federal Reserve Chairman Ben Bernanke said on Tuesday that while on average economic well-being has increased for US citizens the degree of inequality in economic outcomes has raised as well.

• Monday, February 5th 2007 - 20:00 UTC

  UN calls for better management of fish stocks

  Rising demand for seafood and other marine produce will lead to a collapse of today's commercial fish stocks by 2050 unless better management is introduced, exemplifying the challenges facing Governments in a globalized world, according to a new United Nations report released Monday.

• Thursday, February 1st 2007 - 20:00 UTC

  IMF “shape up” policy includes selling gold reserves

  

  A report by a Committee of Eminent Persons advised the International Monetary Fund on Wednesday to sell 400 tons of its gold reserves as part of a new strategy to set the Fund's finances on a sustainable basis.

• Thursday, February 1st 2007 - 20:00 UTC

  Mexican protestors: don't mix tortillas with party politics

  

  Tens of thousands of trade unionists, farmers and common citizens marched through downtown Mexico City on Wednesday to protest price increases for basic foods like tortillas, the staple of Mexico's poor.

• Thursday, February 1st 2007 - 20:00 UTC

  Air travel expected to double by 2025

  

  The number of air travellers is expected to double by 2025, rising to more than 9 billion a year, a body representing the world's airports said on yesterday. The Airports Council International (ACI) predicted air freight would triple over the same period.