A few minutes after Prime Minister David Cameron’s controversial statements on Argentina over the Malvinas sovereignty claim, the National Government rejected his “colonialism” accusations and called tem “absolutely offensive.”
The euro zone aims to leverage its 440 billion euro bailout fund, the EFSF, "several fold" but finance ministers will only agree the details of how that will be done in November, according to a draft statement to be issued after a summit today.
President Barack Obama will join the battle over the US "fiscal cliff" today for the first time since voters gave him a second term in office.
The US Federal Reserve said the economic recovery was still too slow to bring down unemployment, reaffirming its commitment to purchase $600 billion in bonds to stimulate growth and create jobs.
Read US President Barack Obama's full statement on the death of Al Qaeda leader Osama Bin Laden.
The Federal Reserve said it will keep its hefty monetary policy stimulus for at least another two years, an effort to support a flagging economy and fragile global markets that faced considerable internal dissent.
US oil giant Chevron halted drilling of a well off the coast of Brazil as it was looking into the possible causes of an oil spill in the region.
Brazil's government slapped Chevron with a US$28 million fine on Monday for causing an offshore oil spill, and the penalty could rise as the US company faces a political backlash over the accident.
Liverpool's uncapped midfielder Jonjo Shelvey and Chelsea's left-sided player Ryan Bertrand have been added to the England squad for the World Cup qualifiers with San Marino and Poland.
Grammy-winning singer Lauryn Hill pleaded guilty in federal court in Newark, New Jersey, today to three counts of failing to file federal income tax returns.
British singer Adele has given birth to a baby boy, British media reported today. There was no statement on her official website and her spokesman said "no comment" on Monday in reply to a request for confirmation.