Heavy rains have forced the temporary suspension of traffic along the Panama Canal, the major shipping waterway connecting the Atlantic and Pacific oceans which handles 5% of global trade.
The expedition vessel MV Clelia II is now operating at normal speed during its northbound crossing of the Drake Passage, following heavy sea conditions Tuesday that resulted in a broken bridge window and some electrical malfunctions.
A newly formed Chinese organization says it will award its own peace prize on Thursday, a day before the Nobel Peace Prize is awarded in Norway to imprisoned Chinese dissident Liu Xiaobo.
The U.S. dollar will be a safe investment for the next six to 12 months because global markets are focused on the Euro zone's troubles but the US fiscal health is worse than Europe's, an adviser to the Chinese central bank said on Wednesday.
Brazilian corporation Vale, the world's biggest iron ore miner, listed on Wednesday at the Hong Kong stock exchange where it traded at a premium to New York's close, as the company looks to raise its profile among Asian investors.
A retired Spanish diplomat has sparked controversy after circulating a number of opinion articles that contradicted the official Spanish position on key issues including Gibraltar.
Trade negotiations between the European Union and Mercosur are making progress and are on track for a possible trade agreement by mid-2011, following coincidences on several controversial points.
The founder of whistle-blowing website Wikileaks, Julian Assange, has been refused bail by a court in London but vowed to fight extradition to Sweden. Mr Assange denies sexually assaulting two women in Sweden. He was remanded in custody pending a hearing next week.
President Barack Obama said on Tuesday the tentative tax deal he struck with Republicans is a good deal for the American people and a long political fight over tax cuts would have been bad for the US economy.
United States disapproved of the recognition of a Palestine state from the part of several Latin American countries, saying that direct negotiations between Israelis and Palestinians are still the only way to reach peace in the Middle East.