The IMF can no longer play the role of policeman admitted incoming International Monetary Fund Managing Director Dominique Strauss-Kahn who added that the global economy is drastically different from when the IMF was created, and therefore must adapt to change.
United States president George Bush and Venezuela's Hugo Chavez are the regional leaders with the worst image, according to a public opinion poll published this week end in the influential Brazilian daily O Estado de Sao Paulo.
As the Euro hits new highs against the US dollar conflicting signals seem to be coming from Europe as to how address the issue, but much will depend on what happens next Thursday when the European Central Bank and the Bank of England hold monthly meetings.
The British government is not complacent about bluetongue and will take action against the disease at a very high level, Prime Minister Gordon Brown has said.
A strong earthquake with a magnitude of 7.4 hit some 500 km (300 miles) southwest of New Zealand on Sunday, but there were no reports of damage and authorities discounted the risk of a major tsunami
Former French finance minister Dominique Strauss-Kahn was selected September 28 as the new Managing Director of the IMF. The IMF Executive Board said it selected Strauss-Kahn, 58, by consensus to succeed Rodrigo de Rato for a five-year term beginning November 1.
Officers from the United Nations Standing Police Capacity will undergo two weeks of training in transitional justice and other aspects of peacekeeping at the top police leadership centre in the United Kingdom from 8-19 October ahead of deployment to their first mission, revealed senior UN Police officers in New York.
The emergence of new players in the global market and shifts in the policies of gas and oil producers means that traditional conglomerates from industrialized nations are facing increasing competition in the race to access the world's reserves, revealed the United Nations agency on trade and development issues.
Inequality is one of the greatest threats to global stability and prosperity, the United Kingdom's Foreign Minister told the General Assembly, issuing a call to industrialized nations to meet their commitments on aid, genuinely reform the international terms of trade and play their part in tackling climate change.
Boeing forecasts that demand for air travel in Latin America will see the region buy more than 1,700 planes worth 120 billion US dollars over the next 20 years.