USA - In the coming months, mental health experts expect a rise in theft, depression, drug use, anxiety and even violence as consumers confront a harsh new reality and must live within diminished means.
USA - The Federal Reserve may today reduce its main interest rate to the lowest level on record and prepare for one of the boldest experiments in its 94-year history: using its balance sheet as the key tool for monetary policy.
SPAIN - Violent unrest may be sparked around the world by a prolonged global slump unless governments act with greater urgency to jump-start stalled economies, the head of the International Monetary Fund said on Monday.
GERMANY - Right-wing extremism is widely perceived as a problem confined to eastern Germany. Yet Saturday's knife attack on the police chief of Passau shows it is well established in Bavaria too.
BRAZIL - Latin American and Caribbean leaders gathering in Brazil tomorrow will mark a historic occasion: a region-wide summit that excludes the United States.
ZIMBABWE - The United Nations says 978 people have now been killed by the cholera outbreak in Zimbabwe, an increase of 25% from the last figure given three days ago. The UN's office for humanitarian affairs says 18,413 suspected cases have been reported across the country since the outbreak began in August.
EUROPE - Germany has offered to buy half the number of Eurofighter Typhoon jets ordered by the UK's Ministry of Defence in an "informal offer" made to Defence Secretary John Hutton
UK - Banks lined up today to reveal billions in potential losses as a result of alleged fraud by Wall Street investment manager Bernard Madoff.
BEVERLY HILLS/PHOENIX - Whether it's a Tiffany diamond or a three-year-old lawnmower, more and more Americans from all social classes are pawning their possessions to make ends meet. Pawn shop owners see strong business across the country, even in unexpected locales like Beverly Hills, the mecca of luxury living and shopping.
UK/Germany - Hers is the true voice of German opinion, whatever the declarations of European unity may suggest to the contrary. The immediate question focuses on the Anglo-German argument. How can the recession of 2008 be brought most rapidly to an end? Can it be ended by bigger debts or by a return to stable finance on the German model?
ISRAEL - A new activist group calling itself 'The18' has launched a campaign against the creation of a Palestinian Authority state in Judea and Samaria. The group recently released a video explaining its platform.
JORDAN - The head of the Muslim Brotherhood in Jordan called on Palestinian Authority Arabs to formally start a third intifada by carrying out suicide bombing attacks to "slaughter the Jews" in Israel. The harangues by Arab Islamic clerics that aired on the Lebanese Hizbullah terrorist-linked Al-Manar and Palestinian Authority-run Al-Aqsa television networks
WESTMINSTER - The Treasury will not repeat the mistakes of Black Wednesday by intervening to try to prop up the pound as it slides towards parity with the euro, ministers said today.
IRAQ - A surprise visit by US President George Bush to Iraq has been overshadowed by an incident in which two shoes were thrown at him during a news conference.
WESTMINSTER - The Tories have demanded an apology after the Government released "dodgy statistics" on knife crime. The calls came after Downing Street admitted it ignored the objections of statisticians from the NHS Information Centre to the early release of flawed data showing an apparent fall in the number of teenage stab victims.