Whether it is melting glaciers, coastal erosion or drying lakes, a new app displays the impact of climate change on the planet by using before and after satellite images. Called Fragile Earth, the app for iPhone and iPad shows how our planet is impacted by global warming by featuring more than 70 sites such the
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An Australian billionaire announced plans on Monday to build an "unsinkable" version of the Titanic, 100 years after the original sank after hitting an iceberg. Titanic II is expected to make its maiden voyage from England to North America, the old Titanic route, in late 2016. "It is going to be designed so it won't
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Asian shares rose on Monday as weaker-than-expected U.S. growth data left open the possibility of further monetary stimulus from the Federal Reserve to boost growth, but trading was subdued with Japanese and Chinese markets closed. The dollar remained pressured by Friday's report showing annual growth in the U.S. economy cooled in the first quarter to
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Cyprus appointed a new central bank governor and representative to the European Central Bank on Saturday, choosing an academic who has questioned the ECB's emphasis on inflation in defining monetary policy and once suggested Germany should quit the euro. Panicos Demetriades, a professor of financial economics at the University of Leicester in Britain, will succeed
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The European Commission will present a long-term plan for winding up failing banks before a June 18-19 summit of leaders of the world's 20 biggest economies in Mexico, Commission spokeswoman Chantal Hughes said on Friday. "Our objective is to present the proposal on a bank crisis resolution scheme before the G20 summit in June," Hughes
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Spain's sickly economy faces a "crisis of huge proportions", a minister said on Friday, as unemployment hit its highest level in almost t w o decades and Standard and Poor's weighed in with a two-notch downgrade of the government's debt. Unemployment shot up to 24 percent in the first quarter, one of the worst jobless
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Four bombs exploded at short intervals in the Ukrainian city of Dnipropetrovsk on Friday in what authorities said amounted to an "act of terrorism", wounding 27 people, including nine children. President Viktor Yanukovich said the blasts, from bombs planted in rubbish bins, represented "a challenge … to the whole country." The authorities were considering how
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French President Nicolas Sarkozy, the underdog in a presidential election to be decided on May 6, waxed philosophical on Friday about the possibility of losing, telling a sports newspaper that defeat was part of life in sport and politics. "I think records are made to be beaten. So you can't be sad if someone else
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Germany will not bid to host the Euro 2020 soccer championships, the country's football association said on Friday, ending months of speculation regarding the football crazy nation's intentions. Germany, hosts of the 2006 World Cup and the 2011 women's World Cup, said it was the turn for other countries to stage one of the world's
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Barcelona's most successful manager Pep Guardiola will walk away from the Catalans at the end of the season and will be replaced by his assistant Tito Vilanova, the club announced on Friday. Guardiola's decision to quit and recharge his batteries ends a remarkable trophy-laden four-year spell built on a passing style of unmatched fluidity and
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