The United Arab Emirates (UAE) has contributed 10 million U.S. dollars to a nuclear fuel bank proposal that calls for a dedicated low-enriched uranium stockpile to be owned and administered by the International Atomic Energy Agency (IAEA), the official Emirates News Agency reported on Thursday. The proposal was made in 2006 by the Nuclear Threat Initi...
Crop output in the European Union ( EU) is expected to increase considerably this year compared with 2007, the European Commission said Thursday. The commission attributed the increase to favorable weather conditions and and an increase in farmed area. According to its forecast, the total output of cereals in the 27-nation bloc will be some 301 mi...
The gold price in Hong Kong went down 14 HK dollars to 8,208 HK dollars per tael on Thursday after resuming trading from Wednesday's suspension of tropical storm Kammuri, according to the Bank of China (Hong Kong). The price is equivalent to 883.61 U.S. dollars a troy ounce, down 1.62 U.S. dollars at Thursday's exchange rate of one U.S. dollar against...
Cars are checked as they come off the production line in a workshop. 488,200 domestically produced passenger cars were sold nationwide in July, down 17.02 percent month-on-month. The China Association of Automobile Manufacturers (CAAM) said on Thursday that 488,200 domestically produced passenger cars were sold nationwide in July, down 17.02 percent m...
Jordan's Natural Resource Authority ( NRA) said the kingdom is expected to start commercial oil shale extraction within next decade, local daily Jordan Times reported on Thursday. NRA Director Maher Hijazin said the government will soon sign a concession deal with Royal Dutch Shell Oil, under which Shell will survey and develop some 22,000 square mete...
Vietnam earned over 2.3 billion U. S. dollars from shipping seafood abroad in the first seven months of this year, up 17.7 percent over the same period last year, according to a local industry association on Thursday. In July alone, the country gained 430 million dollars from exporting the products, including prawns, catfish and cuttlefish, to differe...
The Asia-Pacific Economic Cooperation (APEC) meeting on food production and security Wednesday opened in Cusco in southern Peru. Representatives from 18 of the 21 APEC member economies attended the meeting which will last until Thursday. More and more food crosses borders as globalization and international trade grow, said Lin Wei, deputy head of ...
Australia's home-loan approvals fell almost twice as much as economists forecast in June as the highest interest rates in 12 years eroded demand for property. The number of loans granted to build or buy homes and apartments dropped 3.7 percent from May, when they slumped a revised 6.9 percent, the statistics bureau said in Sydney. The median estimate o...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
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