Leading world economies pledged $430 billion in new funding for the International Monetary Fund, more than doubling its lending power in a bid to protect the global economy from the euro-zone debt crisis.
Strong corporate earnings gave Wall Street its first positive week for April with a gain, the S&P 500 finished up 0.1 percent, its first higher close in three days. Meanwhile, European shares closed out their best week in a month.
George Zimmerman offered a surprise apology to the family of Trayvon Martin, the black teenager he shot dead in a Florida suburb, and a judge ordered Zimmerman freed on $150,000 bail pending trial on second-degree murder charges.
Ten Syrian security personnel were killed today in a roadside bomb planted by "terrorists" in Sahm al Golan village in the southwest of the country, state television said.
South Africa's polygamous President Jacob Zuma married for the sixth time, taking his long-time girlfriend Bongi Ngema as his newest bride and fourth current wife in a private ceremony at his rural home.
California orange and lemon growers are bracing for a deadly bacterial disease that could ravage the state's $2 billion citrus industry after the first infected tree in the state was identified in a suburban Los Angeles yard.
Shares of Argentina’s biggest energy company Repsol-YPF bounced back from previous losses yesterday and held the trend today. Sshares were up by 1.2 percent in Wall Street and 1.2 percent at the Buenos Aires Stock Exchange.
The European parliament ‘deplored’ the government decision to expropriate 51% of the shares in the YPF hydrocarbons corporation - which is majority-owned by Spanish energy company Repsol- and called for the suspension of Argentina's tariff concessions under Europe's so-called generalised system of preferences (GSP).
UN-Arab League mediator Kofi Annan's deputy told the Security Council that the swift deployment of more observers to Syria was needed despite continued risks and persistent violence, though some council members have expressed reluctance.
Argentina's move to nationalize local oil company YPF, controlled by Spain's Repsol, was a mistake and the wrong thing to do, the head of the World Bank Robert Zoellick said today.