Mexico to ban junk food from schools to fight fat

Mexico is looking to battle the bulging waistlines of its children by banning the sale of junk food in its schools, including many of the traditional treats generations of kids have grown up with. Getting the ax along with modern soft drinks and sweets will be salted tamarind candy, pork rinds and atole, the thick and sweet cornstarch-based beverage served piping hot in the morning. The anti-obesity guidelines presented by health and... [more]

45,000 home owners risk financial trouble in Holland

Some 45,000 home owners face a risky combination of having high housing costs and a mortgage which is bigger than the value of their home, according to the government’s social policy unit SCP. Before the recession, 30,000 households were in a similar position, the SCP says in a report out on Wednesday. But unemployment and lack of savings have forced up the number of households in a potentially difficult situation. The SCP say housing... [more]

Demands for unemployment insurance in Sweden

The Liberal Party (Folkpartiet) has reiterated its call for a state-run unemployment insurance fund, party leader Jan Björklund has confirmed. The demand is a direct challenge to the Swedish Trade Union Confederation(Landsorganisationen - LO) which considers unemployment insurance (arbetslöshetsförsäkring – A kassa) to be a union matter. “It’s highly illogical that it is under union management, all the other... [more]

Geithner in Europe crisis talk

U.S. Treasury Secretary Timothy Geithner, in an apparent criticism of Germany, called for a “carefully designed global approach” to financial reform on Wednesday as he arrived in Europe for talks on a euro zone debt crisis that is shaking world markets. European shares rallied from nine-month lows but the euro remained under pressure amid continuing signs of banks’ reluctance to lend to euro zone counterparts exposed to... [more]

OECD raises global growth forecast due to Asia

The global economy is recovering faster than expected from recession with Asia leading the way, but it is at risk from huge debts in developed countries and possible overheating in countries such as China, the OECD said on Wednesday. In a twice-yearly report, the Paris-based Organisation for Economic Co-operation and Development raised its forecast for global growth to 4.6 percent in 2010 and 4.5 percent in 2011. Last November it predicted... [more]

Most Norwegians positive to immigration

Six out of every ten Norwegians are of the opinion that immigration is positive for the country, while 23 per cent are opposed. This is shown by a new survey carried out by Sentio. People living in Oslo and other larger cities were more positive to immigration than those living in rural areas. The poll was made for the newspaper Nationen. In last year’s survey, 46 per cent were positive to immigration. Also, younger people are more... [more]

Threat of strike in Norway public sector

The deadline for arbitration in the public sector expires at midnight, and 30,000 employees are ready to go on strike. Among them are pre-school teachers, teachers, nurses, physiotherapists and police. In the first round, the strike will hit the major cities, Oslo, Bergen, Stavanger and Trondheim. The main dicussion point in the arbitration is the demand for equal pay for equal jobs for men and women. Share this: ... [more]

‘No threat to the euro system’: IMF chief

IMF chief Dominique Strauss-Kahn Tuesday dismissed fears the strains on the euro would lead to the collapse of the eurozone despite a sharp fall in stocks and a race to the safe-haven dollar. “I think there’s no threat to the euro system,” Strauss-Khan told reporters in Brazil when asked whether the eurozone risked a domino effect from Greece putting the euro in peril. “It’s difficult for the Greeks to do what... [more]

Queen’s Speech: Live Analysis And MPs’ Tweets UK

Parliamentary reform, more freedom for teachers and a “strong and fair society” are on the agenda for MPs this coming year. In her speech marking the opening of Parliament, the Queen announced 22 new pieces of legislation and one draft bill. Her Majesty said the new Government’s programme would be based on “freedom, fairness and responsibility”. She restated the coalition agreement’s promise to make cutting... [more]

World stocks sag on renewed Europe fears

World stock markets and the euro tumbled Tuesday on fears Europe’s debt crisis will cause a prolonged slump in the region and weaken the outlook for global growth. Asian markets were also hit hard by reports that North Korean leader Kim Jong Il ordered his military to be on combat alert amid rising tensions on the peninsula. In Europe, Britain’s FTSE 100 fell 2.5 percent to 4,942.58, Germany’s DAX index dropped 2.5... [more]

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