The current global food crisis is quite serious but has not received enough attention largely due to the economic crisis, Liang told Xinhua in an interview. Sky-rocketing food prices not only deteriorate the living conditions of 854 million people worldwide...
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Oil prices sank Thursday to lows last seen nearly four years ago as more bleak news from the world's largest economy boosted views that crude could tumble below $40 by the end of the year. After sinking more than $1...
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Julie Andrews is succeeding Walter Cronkite as host of the Vienna Philharmonic's annual New Year's Day concert on PBS. Cronkite had anchored the "Great Performances" telecast in the United States for the past 24 years. "He is passing the baton...
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The Austrian city of Salzburg has blocked plans to open a hotel in a former home of the von Trapp family immortalized in "The Sound of Music" after protests by neighbors. The "Villa Trap" had been expected to open this...
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November 1 as it seeks to shore up crude prices, triggering a verbal backlash from recession-threatened Britain and the United States. Vienna on Friday, even though oil prices subsequently slumped to 17-month lows on fears of a global recession...But we...
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Gasoline has fallen more than a dime a gallon since Friday, hitting a national average of $2.92 on Monday, according to auto club AAA, the Oil Price Information Service and Wright Express. Pump prices have fallen 29 percent from their...
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With the global economy edging toward recession, the specter of diminishing supply has been blown away by a stunning lack of demand that now has the market in a stranglehold. Ahead of Friday's emergency meeting of the Organization of Petroleum...
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Thousands of Austrians mourned Joerg Haider today, a far-right populist leader who died in a high-speed car crash a week ago. Around 30,000 mourners attended Haider's memorial service in the capital of the Alpine province where he was governor for...
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US oil for November delivery were down $3.98 at $70.27 a barrel at 12:33 p.m. (1633 GMT), after hitting a session high of $75.69...The slide came as US stocks fell on concern that earnings could be driven down by slower...
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The Austrian man charged with imprisoning his daughter and repeatedly raping her has admitted that he also locked his mother up in his house until she died. Josef Fritzl said he did it to extract revenge for the years of...
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Latest news: Bush keeping Iraq troop levels mostly ...