Borders & Southern Petroleum announced today it has started to explore a well south of the coast of the Malvinas Islands.
European Council President Herman Van Rompuy said today that the single European currency is irreversible and the European Union must persuade citizens that the economic and financial crisis will be overcome.
Credit rating agency Fitch put the whole of the euro zone on notice today that were Greece to leave the currency bloc as a result of its current crisis, the remaining countries could find their sovereign ratings at risk.
Two big cases addressing marriage rights for gays and lesbians are on track to reach the US Supreme Court as soon as this year, keeping the focus on an issue President Barack Obama reignited with his endorsement this week.
Argentina's seizure of 51% of the shares of Spanish oil group Repsol's YPF unit could scare away international firms from investing in the South American country, the International Energy Agency said today.
Greece, Portugal and Ireland must meet their obligations under bailout agreements reached with international lenders, the head of the International Monetary Fund said today.
Spain agreed to commission an independent audit of its financial system today, trying to dispel market concerns that a state-funded bank bailout, set to be approved by the cabinet, could strain public finances to breaking point.
Syrian forces foiled an attempted suicide car bombing in the northern city of Aleppo today, state television said, a day after two bombs in the capital killed at least 55 people.
The Spanish Civil Guard detained today two British citizens for an alleged bomb threat at a flight from Manchester to Tenerife today.
Shares of US banks slumped after JPMorgan said it lost billions of dollars on bad trades, but the overall market ended only modestly lower, thanks to gains in technology shares. Meanwhile, European shares staged a late rally.