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Breaking News Tue, 8 Jul 2008
G8-Gipfel: Initiative fr bezahlbare Lebensmittel starten
(photo: Foto: REGIERUNGonline/Bergmann)
Key agreements at G8 summit
Inquirer
| TOYAKO -- Leaders of the Group of Eight major powers on Tuesday found common ground on climate change, the global economy and a host of political crises at a summit in Japan. | Here are some of the agreements of the G8, which comprises Britain, Canada, France, Germany, Italy, Japan, Russia and the...
Goat
(photo: WN / Sweet Radoc)
Goat milk producer caters to a niche market
Manila Bulletin
A goat farm has come up with a technology that can significantly contribute to the country’s nutritional sufficiency. | The technological breakthrough from Alaminos Goat Farm (AGF) can produce two liters of fresh milk per doe daily for 300 days a year even under extreme tropical conditions. | The ...
Pope could land in sex-abuse row
Hong Kong Standard
The leader of the Catholic church in Australia yesterday denied trying to cover up allegations of sex abuse against a priest, just days before Pope Benedict visits for World Youth Day. | //--> Wednesday, July 09, 2008 | ADVERTISEMENT | The leader of ...
Trouble brews on three fronts for Thai coalition
Hong Kong Standard
A top leader of Thailand's People Power Party was found guilty of vote buying and banned from politics for five years, a ruling that could lead to the dissolution of the main party in the coalition government. | //--> Wednesday, July 09, 2008 | A top...
G8 emissions pledge nothing to shout about, say greens
Hong Kong Standard
The Group of Eight major powers agreed yesterday to at least halve global carbon emissions by 2050 in what leaders hailed as a step forward, but developing nations demanded they do much more. | //--> Wednesday, July 09, 2008 | The Group of Eight majo...
Frank assurance
Hong Kong Standard
Luiz Felipe Scolari revealed yesterday that Frank Lampard has told him he wants to stay at Chelsea but the London club's new boss was unable to offer fans similar reassurance about the future of strike ace Didier Drogba. | //--> Wednesday, July 09, 2...
Indonesian activists wear the names of four Indonesian women, who were allegedly tortured by their employers in Saudi Arabia, stand in front of the Saudi Arabian Embassy during a demonstration Monday Aug. 13, 2007 in Jakarta, Indonesia. The Migrant workers group "Migrant Care" demanded that the Saudi Government apologize and compensate the families of the four women, two of whom di
AP / Tatan Syuflana
Rights group hits Saudi treatment of domestic help
The Manila Times
| JAKARTA: Saudi Arabian families are abusing female migrant workers to the point of slavery, and Riyadh needs to respond with sweeping labor and justice reforms, a major rights gr...
Petron Petrol Station - Davao City - Philippines
WN / Janice Sabnal
Lifting of VAT on oil to double deficit
The Manila Times
By Chino S. Leyco, Reporter | Lifting the value-added tax (VAT) on oil would double the projected budget deficit for 2008, the Department of Finance said Tuesday. | Finance Secreta...
ConocoPhillips Los Angeles Refinery in operation Thursday, July 6, 2006.
AP / Ric Francis
G8 summiteers agree on joint action to curb oil prices
The Australian
| THE G8 leaders have agreed the big industrial economies will co-operate more closely in efforts to curb soaring oil prices, calling the huge recent rises in energy and food costs...
High Court set to rule on SJM listing tussle
Hong Kong Standard
Casino billionaire Stanley Ho Hung-sun will find out today if a last-minute legal bid by his estranged sister has succeeded in derailing the HK$3.85 billion listing of his SJM Holdings. | //--> Stephanie Tong | Wednesday, July 09, 2008 | ADVERTISEMEN...
Stocks drop to 15-week low on US losses fear
Hong Kong Standard
Shares plunged 3.16 percent to a 15-week low yesterday as investors dumped stocks on fears of more losses at US financials. | //--> Alfred Liu | Wednesday, July 09, 2008 | Shares plunged 3.16 percent to a 15-week low yesterday as investors dumped sto...
Perfect storm set to give investors a nightmare
Hong Kong Standard
It's earnings season again in the United States and Asia, and a perfect storm is brewing that could keep stock markets in the doldrums for a long time on both sides of the Pacific. | //--> Benjamin Scent | Wednesday, July 09, 2008 | It's earnings sea...
Market
 A home in foreclosure is shown Wednesday Oct. 31, 2007 in Pomona, Calif. A soaring number of U.S. ho
(photo: AP Photo)
A tale of two downturns
Asia Times
| By Martin Hutchinson | British observers have in the past year indulged in a considerable amount of schadenfreude about the US subprime crisis, the excessively expansionary monetary policy of US Federal Reserve chairman Ben Bernanke and the substantial recession that appears impending. They should be less eager to gloat; the recession into which ...
Economy
A grain transport truck is loaded up with corn, harvested in the fall of 2007, in Curran, Ill., Friday, March 14, 2008. Food prices have come under pressure because of the increased demand for corn in ethanol production. (AP Photo/Seth Perlman)hg3
(photo: AP Photo / Seth Perlman)
Soaring food, fuel prices threaten world economy - G8
The Manila Times
| TOYAKO, Japan: Leaders of the Group of Eight powers warned Tuesday that soaring oil and food prices pose a "serious challenge" to world economic growth, calling for boosted crude production capacity. | "The world economy is now facing uncertainty and downside risks persist," the G8 said in a joint statement. | "We express our strong concern about...
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