Saturday 5 February 2011

Food prices at twenty year high: Global food prices have risen to record levels in January, reaching their highest levels since records began in 1990.

IMF raises spectre of civil wars as global inequalities worsen: The International Monetary Fund (IMF) has warned that "dangerous" imbalances have emerged that threaten to derail global recovery and stoke tensions that may ultimately set off civil wars in deeply unequal countries.

Shell annual profits double to $18.6bn: The oil giant Shell has reported profits almost doubled from $9.8bn to $18.6bn (£11.5bn) for 2010 partly thanks to rising oil prices and output.

Russia warns Ireland it will retaliate in spy row: Moscow has warned Dublin it will retaliate for the "unfounded" expulsion of a diplomat over the alleged theft of six Irish citizens' identities.

EU police forces to see British passengers' personal information: Britons flying anywhere in Europe will have sensitive personal information handed over to the police authorities in all 27 EU countries under a new air travel surveillance system.

Only 26% Americans trust financial system: That’s actually relatively good news for banks, big corporations and the like. It’s up from 20 percent in January of 2009, when the country was still deep in recession and grappling with the financial crisis.

6 Terrifying New Weapons Being Created by the Pentagon: Here is the Pentagon's battlefield vision of tomorrow.