USA - An unusually early blast of cold air is cloaking the southeast, forcing farmers to toil through the night to save their livestock and crops of strawberries, tender green beans and sweet corn. In parts of Florida, hit Tuesday morning with a freeze not seen this early since 1937, some growers were already reporting severe frost burn and ruined plantings, reducing supply and driving up prices for winter vegetables amid the holiday season.
UK - Bank customers are being crippled by the highest overdraft charges since records began. Experts last night condemned the 'exorbitant' interest rates forced on those who plunge into the red. Rates for authorised overdrafts - which have been agreed in advance - reached a record of 19.09% in October, according to figures revealed yesterday by the Bank of England. It means the typical customer who goes overdrawn is paying a rate 38 times higher than the base rate of 0.5%.
USA - US speculator Jim Rogers is known for his outspoken views but today went further than usual suggesting Britain is 'totally insolvent'. In an interview on business TV channel CNBC, Rogers, who made his name making millions while partnered with legendary financier George Soros, suggested Britain was the true sick man of Europe.
EUROPE - The sheer disarray among European leaders over the euro, which seems to get worse whenever they meet, underlines the changing nature of the big question of the day. It is not now whether the euro system will come apart at the seams, but when: in days, months, years?
MEXICO - The climate change summit in Cancun will generate 25,000 tons of carbon dioxide, its Mexican hosts admitted last night. That means the 43 million pounds event will produce as much greenhouse gas as an average-sized African country would over the same two-week period.
USA - Leading investor Jim Rogers has attacked the US government's inflation data as a "sham" that is causing the central bank to massively understate price pressures. Mr Rogers, who shot to fame after co-founding Quantum Fund with George Soros, argued the Federal Reserve uses information that relies too heavily on housing prices.
EUROPE - European nations in crisis over their massive debts have been left to sort out their woes alone after Germany opposed any increase to the eurozone bail-out fund. Ministers said individual countries were taking the necessary actions, with Ireland outlining a 6 billion euros (5 billion pounds) austerity package for 2011 and Portugal expected to follow suit despite the recent general strike over planned reforms.
GERMANY - Euro-zone members will have to take radical measures to tackle its current currency crisis. Europe needs a far-reaching debt restructuring mechanism - but strangely, politicians have shown a preference for issuing yet more mountains of debt.
BERLIN, GERMANY - People living in the Tiergarten area of Berlin were shocked on Friday night to see a group of neo-Nazis marching through the neighbourhood holding burning torches and singing fascist songs.
USA - The entire fiasco surrounding Wikileaks is becoming absurd to the point where it should be obvious to all that this is a staged operation. Conveniently many of the supposed leaked documents posted by Wikileaks provide a greater justification for an invasion of Iran, gives greater credibility to the false terror war and contains details on what certain US officials thought about other political actors on the world stage.
USA - Augusta State University graduate student Jen Keeton alleges school officials demand she be re-educated in morality, giving her the choice of giving up her Christian beliefs on homosexuality or being expelled from the school's counseling program.
UK - Half of all children born today will see their parents split up before the age of 16, according to a shocking study of Broken Britain. The collapse of cohabiting relationships, rather than divorce, is to blame for the rise in family breakdown, says the research. It calls for the government to 'reassert marriage' and help strengthen the relationships of unmarried new parents.
UK - Hundreds of criminals are to be given four days a year off prison work - to celebrate pagan festivals. Prison governors have been issued with a list of eight annual pagan holidays and told pagan inmates can choose four to celebrate. The festivals include Imbolc - The Festival of the Lactating Sheep - which falls on February 1 and is dedicated to the goddess Brighid.
UK - Under questioning from MPs on the Treasury Select Committee, Stephen Nickell, a member of the Office for Budget Responsibility (OBR) and a former Bank of England rate-setter, said a collapse of the single currency was "a possibility". Asked more broadly about the sustainability of currency unions, he added: "The general consensus is that sooner or later they fail for one reason or another.
USA - The US economy is headed for a new recession, said John Taylor, chairman and chief investment officer of FX Concepts, which should likely benefit the dollar and weigh on commodity prices. "It's a new recession. We're already growing, but the numbers show that the US government is still the primary creator of this growth," Taylor said on Monday at the Reuters Investment Outlook Summit.