High oil prices pose a serious threat to the world economy and could slash growth rates by as much as three quarters of a percentage point over the next year, James Wolfensohn, president of the World

A blockade of British refineries and storage dumps began to break up and convoys of oil trucks moved past company gates unimpeded for the first time in a week, but Prime Minister Tony Blair warned

Conventional wisdom in the industrialized countries is that oil prices can come down only if OPEC increases production. OPEC cut production in March last year, when prices were around $10 a barrel.

An American decision to punish Japan for expanding its whale-hunting by denying the country certain fishing rights in U.S. waters is unjust, Japanese leaders said. The chief cabinet secretary,

The Yugoslavia government has told the United Nations that depleted uranium shells fired by NATO warplanes in the 1999 Kosovo conflict have left high amounts of radiation in parts of

NATO-led peacekeepers took control of a Serb-run mining complex in the northern part of Kosovo in a raid likely to heighten tensions in the region. Hundreds of NATO peacekeepers cordoned off the area

The European Commission banned exports of live pigs from Britain because of an outbreak of swine fever that has heightened fears in Europe, Britain's hard-pressed farming sector faced a new challenge

Action 2000, the British government's bug-busting agency, predicts Y2K related problems with perhaps 5 percent of data-related functions, a rate that is comparable to what large companies experience

An oil spill from a tanker that split in two over the weekend hugged France's Atlantic Coast for a second day, raising fears of a "black tide" sweeping the beaches and oyster beds of western

The Japanese parliament approved two bills aimed at dealing with any serious nuclear mishap. One bill calls for periodic inspection of nuclear-fuel processing facilities, and the other stipulates