London, July 21: A British chemical company has said that it has found a way to make fuel from household waste, and cars run on such fuel could be on the streets within two years.

According to a report in the Times, INEOS, the world’s third largest chemical company, said it aimed to produce commercial quantities of bioethanol fuel from biodegradable municipal waste by 2011.

The company has said that it had patented a method of producing fuel from municipal solid waste, agricultural waste and organic commercial waste.

The company claims that it can produce about 400 litres (90 gallons) of ethanol from one tonne of dry waste.

Manila - More Filipinos are going hungry as food prices soar in the Philippines, a nationwide survey showed on Monday. 

According to the June 27-30 survey, the country's hunger index rose to 16.3 per cent in the past three months to June from 15.7 per cent in March. 

The index translates to an estimated 2.9 million families, or more than 14 million people, who experienced "hunger due to lack of anything to eat" at least once since April. 

The Social Weather Stations (SWS), which conducted the poll, said 760,000 families of those reporting hunger experienced it "often" or "always," up from 570,000 families in March. 

Hanoi  - Vietnam raised retail gasoline prices by 31 per cent Monday to reduce state fuel subsidies and bring local prices in line with international levels, local media said.

The Ministry of Finance announced the decision at a press conference Monday morning. Fuel trading companies will be allowed to raise the price of A92-grade gasoline from 14,500 dong (0.86 dollars) to 19,000 dong (1.13 dollars) per liter, reported the news website dantri. com. vn.

Singapore - South-East Asian foreign ministers plan to tackle the devastating hardships triggered by spiraling food and oil prices which threaten to derail efforts to create a European Union- style

Amman  - Arab stocks lost further ground this week as investors were cautious over the persistent Iranian nuclear standoff and the half-year results of listed firms, financial analysts said Friday.

However, they expected regional bourses to recover in the coming couple of weeks when semi-annual results are expected to be out.

"We believe political developments and uncertainty as to the second quarter results still put downward pressure on stock prices," an Amman-based portfolio manager told Deutsche Presse-Agentur dpa.

Brussels - The European Uni