WASHINGTON - Treasury Secretary Henry Paulson on Thursday urged quick action to give the Federal Reserve explicit authority to step in to protect the financial system if its stability is threatened.
WASHINGTON - The world's population will reach 7 billion in 2012, even as the global community struggles to satisfy its appetite for natural resources, according to a new government projection.
BRUSSELS - At the EU summit in Brussels today, Open Europe will be holding up giant letters spelling out 'NO MEANS NO' in the colours of the Irish flag - to urge EU leaders to stop the ratification process of the Lisbon Treaty.
BRUSSELS - European Union leaders and senior officials were today lavishing praise on Gordon Brown for keeping the Lisbon Treaty "very much alive" by ignoring Ireland's No vote to complete British ratification.
NIGERIA - Oil company Royal Dutch Shell says it has temporarily stopped production at its main offshore oilfield in Nigeria, following a militant attack.
AFRICA - African states monitoring Zimbabwe's election campaign have added their voice to growing international pressure over the presidential run-off vote.
USA - The clash between the European Central Bank and the US Federal Reserve over monetary strategy is causing serious strains in the global financial system and could lead to a replay of Europe's exchange rate crisis in the 1990s, a team of bankers has warned.
AUSTRALIA - Australians have out-eaten Americans to become the fattest people on earth, according to a study published today.
WESTMINSTER - Britain may have to accept the cultivation of genetically-modified crops to help combat the global food crisis, a Government minister has said.
ENGLAND - The number of under age girls having abortions has risen by 10 per cent in one year, official figures have revealed.
STRASBOURG, FRANCE - As European Union member states consider the quandary created by Ireland's "no" vote to the Lisbon Treaty, the Holy See's representative at the Council of Europe says it's a sign that Europe needs to rediscover its roots.
LONDON - Hardline Church leaders have formally declared the end of the worldwide Anglican Communion, saying they can no longer be associated with liberals who tolerate homosexual clergy.
UK - The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks.
STRASBOURG - European Union lawmakers voted Wednesday to allow countries in the bloc to hold undocumented migrants in detention centers for up to 18 months and ban them from EU territory for five years.
WESTMINSTER - The UK has effectively ratified the EU's reform treaty - despite the decision by Irish voters to reject it.