North Korea nuclear: US vows to ‘defend self and South’

The US will defend itself and its "treaty ally" South Korea in the face of North Korean threats, Secretary of State John Kerry has said.   Mr Kerry made the pledge while speaking at a news conference with his South Korean counterpart Yun Byung-se.……

UN Passes Landmark Arms Treaty

The United Nations has overwhelmingly approved (154-3 with 23 abstentions) a landmark treaty regulating trade in conventional arms.   The legally binding treaty sets international standards to regulate the import, export and transfer of conventional…

Macular degeneration: Cholesterol drugs ‘may save sight’

Eye drops designed to lower cholesterol may be able to prevent one of the most common forms of blindness, according to US researchers.   They showed how high cholesterol levels could affect the immune system and lead to macular degeneration.   Tests…

European data watchdogs target Google over privacy

Six European data protection agencies are contemplating legal action over Google's privacy policy.   The threat comes as a four-month deadline to change the policy expires with Google making "no change" to the policy.   Google's perceived failure to…

Cyprus bailout: Finance Minister Michalis Sarris quits

Cypriot Finance Minister Michalis Sarris has resigned as a judicial panel prepares to investigate the role that he and others played in a financial crisis that pushed the eurozone member to the brink of bankruptcy.   Sarris submitted his resignation…

Eurozone unemployment rate at record high

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US factory orders rise thanks to aircraft sales

New orders at US factories rose in February from January mainly due to a jump in demand for commercial aircraft.   Orders for aircraft nearly doubled, and orders for motor vehicles and parts also increased by 1.4%.   The Commerce Department said…

UK to avoid triple dip recession, says BCC

The UK is set to avoid falling back into recession, according to the British Chambers of Commerce (BCC).   The BCC believes a strong performance by Britain's service industries during the first three months of the year has kept the economy growing.…

Dow Jones and S&P climb to new highs

New York's Dow Jones and S&P 500 share indexes have set new all-time highs.   The rallies mean the stock markets are returning to levels not seen since before the global financial crisis.   The Dow rose 89 points, to close at 14,662, after an…

Above average hurricane season predicted

Hurricane forecaster and Professor Emeritus, Dr. William Gray, is predicting what he described as an ‘above average’ Hurricane Season in 2013.   Addressing the 2013 National Hurricane Conference in New Orleans, Dr. Gray said his prediction is based…