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Inflation in the euro zone “is likely to remain high for quite some time, moderating only gradually during the course of next year.”
So said the
Gloomy new predictions from Brussels. Euro zone growth this year is expected to be much lower than previously thought.
Joaquin Almunia, the EU’s
Lehman Brothers has announced plans to sell a majority stake in its investment management unit and spin off commercial property assets, but the
Oil prices remain volatile. On Wednesday they rose in response to a surprise decision by OPEC to cut production by just over half a million barrels a
More Europeans would prefer Democrat Barack Obama to win the United States presidency than the Republican John McCain… That is according to a poll
EU soldiers have proved incapable of protecting civilians in eastern Chad, says international charity Oxfam. It is urging the European Union together
The French government has been forced to revise plans over a new security database after widespread opposition to the scheme.
More than a 130,000
It is being hailed as the biggest scientific experiment in history and there were smiles all round in the control room as it got off to a successful
Just days after apparently agreeing on the issue, Russia and the European Union have clashed over Brussels’ plans to send observers to Georgia
North Korea is dismissing reports that its leader Kim Jong-il is seriously ill.
Speculation grew after the reclusive president failed to appear at
Seven British men accused of plotting to smuggle liquid explosives on to transatlantic airlines and blow them up midflight are to face a
With the US presidential race tightening, temperatures are rising. A row has erupted over remarks made by the Democratic candidate Barack Obama
London folk-rock quartet ‘Noah and the Whale’ have been causing a few ripples on the indie festival scene this summer. They have even managed to
Researchers around Europe and the Mediterranean are looking at new ways to preserve ancient icons and textiles. The plant and insect pigments used to
Kiefer Sutherland has taken time out of his busy CTU schedule in the TV series “24” to make a welcome return to the big screen in the new horror
Computers controlled by eye and head movements have been the subject of much research in recent years. Now practical, feasible examples of this
This year’s Asturias Concord prize, awarded to an individual or body that has made a significant contribution to peace, understanding, or knowledge
A Georgian policeman has been shot dead near a Russian checkpoint in a buffer zone next to breakaway South Ossetia.
Police said the shot came from
In terms of scale, it is the biggest scientific experiment ever undertaken.
Thousands of scientists at the European Organisation for Nuclear
Scientists at the CERN research centre in Geneva have successfully fired up a huge particle-smashing machine, in the first stage of a mission to
The price of of crude oil has rebounded after falling below 100 dollars a barrel for the first time in five months.
In early trading US crude rose
A civil court in the Hague has ruled that the Dutch state is not responsible for the deaths of Muslim refugees massacred by Bosnian Serb troops at
Particle physicists are getting ready to power-up the world’s biggest atom-smasher in a mission to answer some of the most perplexing questions of
Belgian police are investigating a suspected meat trafficking scandal involving hundreds of tonnes of chicken not deemed fit for human