The mortgage crisis that is at the heart of the current financial turmoil reflects fundamental flaws in the way countries approach housing, and highlights the danger in thinking that markets alone will ensure adequate housing for all, said an independent United Nations human rights expert.
Britain's leading Financial Times newspaper threw its weight behind US presidential candidate Barack Obama, saying the campaign had shown that the Democrat was the right choice to lead the US.
A United States federal jury in Miami began deliberations Friday in the trial of a wealthy Venezuelan businessman accused in a conspiracy to hide the source and destination of a suitcase stuffed with 800,000 USD in cash and involving Venezuela and Argentina.
Researchers are warning of potential problems during the United States election with record numbers set to vote and many states using new voting machines.
Former United States Federal Reserve chairman Alan Greenspan confessed on Thursday that he had made mistakes in championing the light-touch US financial regulatory system, which led to what he admitted had become a once-in-a-century credit tsunami.
Unites States President Bush invited leaders of the Group of 20 participants to a summit in Washington on November 15 on the global economic crisis announced the White House on Wednesday.
United States Federal Reserve chief Ben Bernanke said on Monday more government spending may be needed to combat economic weakness. A fresh round of stimulus would be a good idea, he told the US House of Representatives budget committee.
Three decommissioned vessels from the United States Navy will be transferred in coming months to Peru and Chile once the US Congress approves the operation which is expected to happen at the end of the month, according to defence affairs publication Enfoque Estratégico.
United States President George W. Bush invited Brazilian leader Lula da Silva to participate in a summit of the world's leading economies to discuss the global financial crisis, a White House source said on Tuesday.
Economy Nobel Laureate Paul Krugman anticipated that relations between the United States and Latinamerica will change significantly if the Democratic candidate Barack Obama is elected president in two weeks time.