Oct 162013

Cyprus tries to sort out its finances: Cyprus’s parliament has delayed a vote on a solution to sort out its money problems. The 10bn-euro ($13bn) payout agreed by the EU and IMF demands that all bank customers pay a one-off tax and this has led to large cash withdrawals.


Horsemeat scandal widens: The Romanian government says it is investigating claims that horsemeat found in food products in several European countries came from Romania.


Austerity for Chinese New Year: China has banned TV and radio adverts which encourage extravagant gift-giving ahead of Chinese New Year, which begins this weekend. Expensive watches, gold coins and alcohol are among the items that are affected, according to the state media.


Building a better future: Industries must radically cut the amount of materials they use, to combat resource shortages and climate change for a planet of nine billion people, according to a report for the Royal Society.


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