June 28th, 2013
09:00 PM GMT
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By Nina dos Santos, CNN

A grey day in Brussels provided an apt backdrop for addressing the bleak job prospects facing Europe’s younger generations.

With a quarter of their 16 to 25-year-olds out of work, youth unemployment has become one of the most pressing issues facing EU leaders today.

Among the potential solutions tabled was using the European Investment Bank as a mechanism for providing small businesses with loans, so they can hire.

Job and training guarantee schemes were also agreed by member states as well as a plan to roll out 6 billion euros ($7.8  billion) to the hardest hit countries like Greece and Spain where more than half of the young workforce is standing idle.

But the funds committed so far are a drop in the ocean compared to the size of the problem. FULL POST

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Filed under: BusinessEuropean UnionRecession


June 28th, 2013
10:30 AM GMT
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(CNN) – A hospital in Chile is trying to reduce the threat of infections by using equipment, including bed rails and washbasins, made of copper.

A study into effectiveness of copper to kill bacteria is taking place at the Roberto del Rio children’s hospital in Santiago de Chile, and scientists say that the initial results are positive.

Dr Marisol Navarette, in charge of the clinical trials, says: ”The ions of copper interact with the membrane of the bacteria, their metabolism gets disturbed and they are killed by copper.”

The project is spearheaded by Codelco, Chile’s state-run mining company and the biggest copper producer in the world, in partnership with foreign investment.

Chilean company Copper BioHealth already manufactures hospital products made out of the metal, and after the Environmental Protection agency in the U.S. registered copper as an anti-microbial agent, it will have the option to market their products internationally.

Filed under: BusinessGlobal Exchange


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