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UK Inspects 3rd Foot and Mouth Case

Ban lifted, but farmers urged to be wary of big losses

(Newser) - A third suspected case of foot and mouth disease has been located in southern England, health officials said, as the EU lifted a ban on slaughtering animals but kept up the prohibition on exporting animal products. Meanwhile, the Guardian reports that British veterinary investigators pinpointed two research labs they say...

EU Bans UK Animal Exports
EU Bans UK Animal Exports

EU Bans UK Animal Exports

Probe of possible source widens to include summer flooding

(Newser) - The EU imposed an indefinite ban today on exports of live animals from Great Britain after an outbreak of foot and mouth disease on a farm in southeast England. The floods that have swamped the English countryside may have played a role in the outbreak, the Guardian reports, and PM...

China's Surplus Soars to $26.9B
China's Surplus Soars to $26.9B

China's Surplus Soars to $26.9B

Weak yuan is driving China's economy to a record expansion; trade surplus nearly doubled

(Newser) - China's trade surplus surged to a record $26.9B in June, an 87% increase since last year. Economists attribute the trade gap to China's significantly—as much as 40%—underpriced currency, the yuan, reports Bloomberg. Half of China's surplus is with the US, which recently began preparing legislation to sanction...

Chinese Goods Flunk Gov't Safety Tests

Nearly 20% of domestic consumer products can't meet quality standards

(Newser) - The Chinese government acknowledged today what people around the world suspected—many products manufactured by the world's largest exporter of consumer goods are unsafe. One-fifth of its manufactured wares fail to meet government safety standards, a regulatory agency said in a posting on its website. Despite the findings, which did...

Cyclone Menaces Gulf Region, Oil Prices

Thousands flee Oman; storm may slow tankers

(Newser) - A cyclone that may be the most powerful storm ever to hit the Arabian Peninsula is heading toward the oil-rich Persian Gulf region, forcing thousands to evacuate and prompting fears of a spike in oil prices. Oman's coastal towns will take the brunt of Cyclone Gonu, which is producing winds...

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