AHN News Staff Dublin, Ireland, United Kingdom (AHN) – After hedging for several days, Ireland finally admitted Thursday that Dublin needs the international bailout being offered by the European Central Bank or the International Monetary Fund. Irish Central Bank Governor Patrick Honohan said the international loan would likely happen to deal with concerns of the [...]
Posts Tagged ‘United Kingdom’
Bank Of England Forecasts High Inflation Rate, No Interest Rate Hike
AHN News Staff London, England, United Kingdom (AHN) – Bank of England Governor Mervyn King forecasts a 3.5 percent inflation rate for Britain by the end of 2011. The current consumer price index is at 3.1 percent, which King admits is already over the 2 percent government-set target for 2012. King on Friday attributed the [...]
Rare Chinese Vase Sells For $85.5 Million In London Auction
AHN News Staff London, United Kingdom (AHN) – The provincial auction house, Bainbridges, on Thursday sold an 18th-century Chinese vase for world record-breaking $85.5 million at an auction in London. A brother and sister discovered the Qianlong porcelain vase while clearing out their parent’s house in northwest London suburb of Pinner. The siblings had recently [...]
Cameron Pushes Through With 2 New Royal Navy Aircraft Carrier Projects
AHN News Staff London, England, United Kingdom (AHN) – British Prime Minister David Cameron gave the go ahead for the Royal Navy to push through with two new aircraft carriers the British government ordered from BAE Systems. Cameron decided to move forward after he received notice from BAE System Chief Executive Ian King that cancelation [...]
Researchers Say Some Countries Have Better Chance Of Eradicating Malaria
Linda Young – AHN News Writer London, Great Britain, United Kingdom (AHN) – An article in The Lancet journal by a team of international researchers examines efforts to eradicate malaria worldwide over the past 150 years and outlines some of the remaining financial, technical and operational challenges that malaria-eliminating countries still face. If not treated, [...]
Airlines Join Battle Against Britain’s Air Passenger Duty
AHN News Staff London, England, United Kingdom (AHN) – British airlines have warned of a dip in air travel because of the 50 percent rise in Air Passenger Duty on Nov. 1. The tax hike could cause passengers to pay up an extra $150 (100 pounds), making air travel no longer affordable for many Britons. [...]
111 Crewmen Saved After Ship Blaze Near English Coast
AHN News Staff London, United Kingdom (AHN) – The British coast guard immediately launched a rescue operation on Wednesday and rescued 111 crew members from a factory fishing ship. The ‘Athena’ caught fire 230 nautical miles southwest of the Isles of Scilly, England. Coast guard officials received help from a French communications plane. The vessel’s [...]
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