Britain's Prince Charles has called for rich countries to pay an annual utility bill for the benefits given to the world by its rainforests. Speaking in the Indonesian capital, Jakarta, the prince called rainforests the world's greatest public utility. They act as an air conditioner, store fresh water and provide work, he said.
European Union finance ministers on Monday opened in Brussels two days of talks aimed at coordinating proposals for a new global financial order while prospects for the EU real economy continued to deteriorate.
China's economy will slow but should remain relatively strong and help to support the rest of Asia, the International Monetary Fund said on Monday, predicting a very difficult year for the global economy in 2009.
President Hugo Chavez on Saturday threatened to expropriate a major Venezuelan company because of its owners' ties to a scandal involving the seizure of a suitcase stuffed with $800,000 in cash.
Bolivian President Evo Morales yesterday suspended operations by the US Drug Enforcement Administration, an agency he has accused of spying and helping to destabilize his government.
Sarah Palin unwittingly took a prank call Saturday from a Canadian comedian posing as French President Nicolas Sarkozy and telling her she would make a good president someday. Maybe in eight years, replies a laughing Palin.
For the second year running the Argentine Congress denied authorization for Navy personnel and units to leave the country to participate in the joint Viekaren exercises with the Chilean Navy in the southern seas, which have been held regularly since 1999.
Archaeologists uncovered what they think is evidence of the campsite of a ship-wrecked sailor said to be the inspiration for Daniel Defoe's Robinson Crusoe. The archaeologists' findings were published in the journal Post-Medieval Archaeology.
Freedom Bank of Bradeton, Florida, in the United States became the 17th US bank to be seized by regulators in 2008, as the heaviest housing slump since the days of the Great Depression of the 1930 continues to trigger heaving losses.
Ecuador has told Spanish-Argentine oil company Repsol YPF to leave the country after having refused to accept a government demand to change the contract which enables it to extract 60.000 bpd.