Standard & Poor's, the world's leading index provider, announced on May 27, 2009 the launch of a Shariah compliant version of the S&P/TSX 60. The S&P/TSX 60 Shariah Index is highly correlated to the S&P/TSX 60 Index, and as such provides a comparable investment portfolio while adopting explicit selection criteria defined by Islamic law.
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Total non-farm payroll employment fell by 60,700 in March, down 0.4% from the previous month, as job losses across industries remained widespread.
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Lower revenues contributed to declines in profits as Canadian corporations reported operating profits of $55.1 billion in the first quarter of 2009, down 11.8% from the prior quarter. Declines were prevalent across the economy as 18 of 22 industries reported lower profits.
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France has opened its first military base in the Persian Gulf, strategically placed in Abu Dhabi, between the Arabian Peninsula and Iran.
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The American Academy of Environmental Medicine (AAEM) today released its position paper on Genetically Modified foods stating that "GM foods pose a serious health risk" and calling for a moratorium on GM foods.
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The UN Security Council on Tuesday authorized the African Union peacekeeping mission to remain in Somalia until end January 2010 in order to pursue its mandate of restoring stability in the troubled nation.
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The World Health Organisation says the growing dangers posed by chemical use in developing countries are putting worsening strain on health professionals. This includes increased risk assessment needs... and dealing with the impact of chemical incidents on human health.
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The crew of the San Diego-based guided-missile cruiser Lake Champlain rescued 52 people who had been adrift in the Gulf of Aden for about seven days, the U.S.-American Navy said.
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Russia's foreign minister has met with his Somali counterpart to discuss international efforts to protect shipping routes in the Gulf of Aden from Somali pirate attacks, the Russian ministry said.
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Iran has dispatched six warships to the Gulf of Aden. The news was released by the Iranian press agency ISNA, reporting a declaration by Admiral Habibollah Sayyari.
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