World oil prices were still rising last week and on Wednesday 21, hit a new peak of US133.82 a barrel after the US government reported unexpected...

State run television in Myanmar has reported that the death toll from the recent cyclone has increased dramatically to 77,738. In addition to this, 55,917 people are still officially missing.

People studying the situation in Myanmar are claiming that an inadequate response of the government of Myanmar (formerly Burma) to scientists' warnings about the cyclone, coupled with large-scale destruction of protective mangroves along its coasts, aggravated the devastation wreaked by tropical Cyclone Nargis...

Bruce McCaffrey, who was formerly the vice-president in charge of freight operations in the United States for Australian flag carrier Qantas, has been sentenced to eight months imprisonment and fined US$21,000 by the US Department of Justice (DoJ) for his involvement in a major air cargo price fixing cartel...

South African president Thabo Mbeki has arrived in Harare today to talk with Zimbabwean president Robert Mugabe about the upcoming presidential run-off election...