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World News

US House votes to keep tax cuts for middle class

The US House of Representatives has decided to extend tax cuts for middle class Americans.

The House passed the bill that keeps tax rates low for Americans making less than $200,000.

Wealthier Americans will be cut out of the rate...

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South Korea says air strikes will follow any further attacks

The South Korean defence minister-designate has threatened a retaliatory strike if North Korea should attack the country again.

Kim Kwan-Jin, speaking in the South Korean parliament, said the military would strike back to punish the attacker...

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Global economy unlikely to improve significantly next year – UN

A United Nations report unveiled today paints a gloomy picture of the performance of the global economy next year, with growth projected to be a meagre 3.1 per cent, followed by 3.5 per cent in 2012 – rates that are insufficient to spur the recovery...

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Developing countries to benefit from new UN website on climate change funding

30 November 2010 – With developing countries slated to require as much as $100 billion a year for adaptation to climate change and $175 million for mitigation by 2030, the United Nations today launched a website to help them make sense of the multiple...

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