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Tax: Revised OECD, Council of Europe treaty will boost multilateral cooperation

April 6, 2010 1:27 am | by OECD | News | Comments

The OECD and the Council of Europe have agreed on an update to an international treaty that aims to help governments enforce their tax laws, as part of the worldwide drive to combat cross-border tax evasion.

Czech Republic : Strengthening public finances a key challenge for next government

April 6, 2010 12:26 am | by OECD | News | Comments

The main challenge for the next Czech government taking over after the May elections will be to repair the deterioration in public finances caused by the economic crisis, says a new OECD report.

German minister criticizes Facebook on privacy

April 5, 2010 8:01 am | News | Comments

A German minister has sharply criticized Facebook's handling of personal data and is calling on the social network to upgrade its privacy settings. Consumer protection minister Ilse Aigner urges Facebook's CEO and founder Mark Zuckerberg in an open letter "to revise the privacy policy without delay."

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Fly us to the Moon…south pole to be precise

April 2, 2010 9:37 am | News | Comments

The south polar region of the Moon, with dark craters and high ridges, is a world away from the relatively smooth terrain visited by Apollo astronauts four decades ago. This rugged moonscape is the target for Europe’s next leap into space.

CryoSat-2 installed in launch silo

April 2, 2010 9:35 am | News | Comments

In readiness for launch on 8 April, ESA's CryoSat-2 ice satellite has now joined the rest of the Dnepr rocket in the launch silo at the Baikonur Cosmodrome in Kazakhstan. The 'space head module' was transported from the integration facilities to the underground launch silo this morning.

Environment : OECD says Luxembourg should do more to clean up its environment

March 31, 2010 4:27 am | by OECD | News | Comments

As Luxembourg plans for economic recovery, it would be a mistake to sideline the environment, said the OECD Secretary-General Angel Gurría. “I would rather argue that in responding to the crisis, environment should be part of a comprehensive strategy to relaunch economic growth and to...

Global economy: OECD to present interim assessment of Europe, US, and Japan

March 30, 2010 8:26 am | by OECD | News | Comments

OECD chief economist Pier Carlo Padoan will present an assessment of the economic situation in the G7 countries and euro area at a news conference at 11.00 a.m. on Wednesday 7 April at OECD headquarters.

South East Europe: OECD urges policy reforms to support inward investment

March 30, 2010 8:26 am | by OECD | News | Comments

South East Europe (SEE) needs to attract more and better inward investment to pull out of the economic downturn and build the basis for long-term sustainable growth. Achieving this will require further major policy reforms, according to a new OECD analysis.

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Novel dual-action drug can tackle hypertension

March 30, 2010 6:27 am | by European Commission | News | Comments

New international research shows that patients suffering from hypertension can tolerate and even significantly drop their blood pressure levels when treated with a new dual-action drug called LCZ696. Presented in The Lancet journal, the study compared this new drug to the established...

Statistics : Annual inflation rate in OECD area drops slightly to 1.9% in February 2010

March 30, 2010 3:25 am | by OECD | News | Comments

Consumer prices in the OECD area rose by 1.9% in the year to February 2010, down from 2.1% in January. This small decrease in inflation rates mainly reflected the slowing down of energy prices, which increased by 8.4% in February, compared with 10.6% in January.

High ride with Maxus-8

March 26, 2010 9:03 am | News | Comments

ESA’s Maxus-8 sounding rocket was launched today from Kiruna in northern Sweden carrying four microgravity research modules on a hectic 12-minute space voyage. The ultimate results may include improved turbine blades for aircraft engines.

News Corp to charge for UK Times online from June

March 26, 2010 5:15 am | News | Comments

News Corp will charge readers for online versions of its UK Times and Sunday Times newspapers from June, becoming the first media firm to test consumers' appetite to pay for mass-market news online. Access to two new websites for the two titles will cost 1 pound ($1.49) per day or 2 pounds for a week.

Suspected Twitter infiltrator: 'I'm a nice hacker'

March 26, 2010 5:08 am | News | Comments

He's unemployed and isn't much of a computer expert. The Frenchman accused of infiltrating Twitter and peeping at the accounts of President Barack Obama and singers Britney Spears and Lily Allen says he wanted to reveal just how vulnerable online data systems are to break-ins - and he says he didn't mean any harm.

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Germany : Innovation, education and stronger competition key to a more balanced economy

March 26, 2010 2:27 am | by OECD | News | Comments

Innovation, education and more competition in the domestic market would help Germany emerge from the economic crisis with a stronger and more balanced economy. Labor market policy should now pave the way for necessary structural changes while fiscal policy needs a specific exit strategy...

UK police asks Internet cafes to monitor customers

March 25, 2010 11:16 am | News | Comments

Internet cafe users in the British capital may want to watch what they download. Scotland Yard is advising administrators of public Web spaces to periodically poke through their customers' files and keep an eye out for suspicious activity.

Italian swaps physics for writing and wins plaudits

March 25, 2010 8:27 am | News | Comments

Working long days in a particle physics laboratory at the University of Turin, doctoral student Paolo Giordano wanted an escape from the academic rigors of numbers. So he wrote about love and misunderstanding with a sprinkling of science and unwittingly became a literary sensation.

French police arrest alleged Twitter hacker

March 25, 2010 8:20 am | News | Comments

French police say they have detained a 25-year-old who allegedly hacked Twitter accounts of numerous well-known figures, including Britney Spears and President Barack Obama. Police said Wednesday the suspect, who went by the pseudonym "Hacker Croll," was caught following a joint operation with the FBI and arrested Tuesday in the Puy-de-Dome region of central France.

More women in top jobs key to economic growth, says EU report

March 25, 2010 3:27 am | by European Commission | News | Comments

Only one in 10 board members of Europe's biggest listed companies is a woman and all central bank governors in the EU are male. The economy would benefit by having full representation of both men and women in top positions, says a new report presented by the European Commission today. It...

Turkey - OECD welcomes efforts to tackle bribery in international business deals

March 25, 2010 12:25 am | by OECD | News | Comments

Turkey has made significant progress in its efforts to combat bribery in international business deals by fully implementing all but one of the recommendations made by the OECD Working Group on Bribery since 2007, earning praise from the other 37 countries that are Party to the OECD...

UK military incorporates Virtual Reality Parachute Trainers

March 24, 2010 10:34 am | by Jason Lomberg, Technical Editor | Blogs | Comments

The UK’s Ministry of Defence has purchased Virtual Reality Parachute Trainers (VRPT) for the Parachute Training School at RAF Brize Norton, Oxfordshire. The contract with Gloucestershire-based Pennant Training Systems Limited is for the design, manufacture, and installation of eight Virtual Trainers.

ESA highlights online games as key future technology

March 24, 2010 7:30 am | News | Comments

Video gaming has become one of the globe’s most popular pastimes. Fans say games are often educational, their detractors answer they are anything but. Might ESA have something to learn from gaming? A new Agency study says the answer is yes.

To Mars and back – as real as it gets

March 24, 2010 7:27 am | News | Comments

A crew of six, including two Europeans, will soon begin a simulated mission to Mars in a mockup that includes an interplanetary spaceship, Mars lander and martian landscape. The Mars500 experiment, as long as a real journey to Mars, is a test of human endurance.

Greece - Quick action needed to tackle rising youth unemployment, says OECD

March 24, 2010 3:26 am | by OECD | News | Comments

Young people in OECD countries have been hit hard by the economic crisis. In Greece, the already high youth unemployment rate could rise further in the coming months, according to a new OECD report.

Britain to set up new space agency

March 23, 2010 8:39 am | News | Comments

Britain will set up a new space agency next month to exploit an industry that appears to have defied the recession and shows huge potential for growth, the government said on Tuesday. The UK Space Agency will oversee the development of satellites, robotics and other advanced technology and may one day join international missions to explore Mars, the Moon and asteroids.

EU to seek publication of anti-piracy deal

March 23, 2010 8:37 am | News | Comments

The European Union said Monday it wants the United States and others to publish a draft global anti-piracy deal to end rumors that it advocates cutting off Internet access for illegal downloaders. European Internet service providers said last month that they were alarmed by leaked details of the secret talks that they feared could lead to criminal sanctions and "three strikes and you're out" cease-and-desist orders...

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