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World markets continue to sink

Aug 16, 2007
Doing the numbers is starting to get downright gloomy. Markets in Asia and Europe are dropping by 2 and 3 percent after yesterday's Wall Street plunge on continuing subprime concerns. This time mortgage lender Countrywide was the biggest troublemaker.
Posted In: Canada, Economy, Wall Street

Knockoff diabetes tests? Yep, China

Aug 16, 2007
Last year Johnson & Johnson discovered counterfeit strips used to test blood glucose levels were being sold under its label. Looks like we can add those to the long list of fake products originating in China. Scott Tong has more.
Posted In: Canada, Crime, Health

Population booming in a city near you

Aug 16, 2007
A new population report predicts the global population will grow by 50 percent to reach 9.3 billion by 2050. And very soon the number of people living in urban areas will outnumber rural folk. Jill Barshay has more.
Posted In: Canada

Who else to give credit for subprime?

Aug 16, 2007
The European Commission is investigating credit-rating agencies on claims that they failed to warn investors about subprime risks. And there are other worries, too. Stephen Beard reports.
Posted In: Canada, Economy

Markets trapped on wild ride

Aug 15, 2007
Uncertainty continues to plague stock markets here and around the world. And after an unusual profit warning from Wal-Mart yesterday, overseas investors are particularly concerned that American consumers are out of spending money.
Posted In: Canada, Economy, Wall Street

Planning a trip to Rome?

Aug 15, 2007
A quick visit to the Sistine Chapel before lunch, perhaps? Good luck. Ever-increasing numbers of tourists are creating frustratingly long lines at Rome's most famous attractions, and headaches for the city's small tour guides. Megan Williams has the story.
Posted In: Canada, Travel

Tourism drying up in Britain

Aug 14, 2007
A rather nasty exchange rate is the most obvious culprit keeping American and Canadian tourists away from the U.K., but other European countries with strong currencies continue to lure travelers, points out Stephen Beard. So what's the problem?
Posted In: Canada, Travel

Heathrow expansion met by protest

Aug 14, 2007
As British officials struggle to attract visitors and improve efficiency at London's Heathrow Airport, environmentalists have set up camp to protest its expansion plans. They say more flights will mean more climate change. Stephen Beard reports.
Posted In: Canada, Travel

Bolivia issues an ultimatum

Aug 14, 2007
Bolivia has a wealth of natural gas, but it doesn't have the money to get it out of the ground. It needs foreign firms to help, and it wants help now. So it's told them to get moving or get out. That should speed things along, Dan Grech reports.
Posted In: Canada

Cash makes people feel better

Aug 13, 2007
Central banks around the world stuffed unprecedented wads of cash into their banking systems to stop last week's global market freefall. It's worked for now, but some in the industry are waiting for more bad news. Stephen Beard explains.
Posted In: Canada, Economy, Wall Street

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