The US trade deficit with China was one of the causes of the financial crisis, but Europe also runs a trade deficit with China. MEPs on the International Trade Committee organised a public hearing to assess the situation before drafting a report on how to avoid such global trade imbalances. With developed markets
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The EOS-1D X combines speed with image quality, to create the next generation camera for professionals. Full frame 18 megapixel sensor with Dual “DIGIC 5+” processors sets the standard, and up to 12 frames per second shooting takes it beyond. Features 18.1 MP full frame CMOS sensor Up to 12fps plus 14fps High speed
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Cyprus Airways flights to and from Athens, Salonica and Rhodes-Heraklion have been cancelled for Wednesday and Thursday, due to the 48-hour strikes of air controllers in Greece. According to a press release, a total of ten flights have been cancelled and arrangements are being made for the passengers to travel after the end of the
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Greece risks sliding into a "death spiral" if the government continues to slash salaries and lay off workers instead of cracking down on tax evasion and raising money from the rich, the head of the biggest public sector union said on Tuesday. Speaking ahead of a 48-hour general strike called to protest tough new austerity
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Personal data and private life, in the modern era of computing and internet, are more exposed than ever before. Simple daily habits such as shopping online, social networking, visiting places where closed circuit television systems operate (CCTV) and operating filing systems can lead to excessive disclosure of personal data, even unbeknown to us. The office
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Europe's highest court ruled on Tuesday that any process which involves removal of a stem cell from a human embryo and entails the destruction of that embryo cannot be patented, a judgment that could have deep ramifications for medical research. The ruling by the European Court of Justice concerned a method invented by Oliver Bruestle
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French Finance Minister Francois Baroin said on Tuesday that France's AAA credit rating was not threatened as the country was enacting defict-cutting measures, while warning that a GDP growth target of 1.75 percent for 2012 was probably too high. "It (France's AAA credit rating) is not in danger because… we will even be ahead of
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The Earth's natural resources like food, water and forests are being depleted at an alarming speed, causing hunger, conflict, social unrest and species extinction, experts at a climate and health conference in London warned on Monday. Increased hunger due to food yield changes will lead to malnutrition; water scarcity will deteriorate hygiene; pollution will weaken
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European shares were expected to retreat on Tuesday, echoing losses in Asian stocks and commodities, after Germany cautioned against hopes for a quick fix to Europe's debt problem, and on news that China's growth slowed slightly more than expected in the third quarter. A warning from rating agency Moody's that it may slap a negative
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French Finance Minister Francois Baroin said on Tuesday that France's AAA credit rating was not threatened as the country was enacting defict-cutting measures, while warning that a GDP growth target of 1.75% for 2012 was probably too high. "It (France's AAA credit rating) is not in danger because… we will even be ahead of schedule
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