The International Monetary Fund backed the British government's plans to reduce the budget deficit, but said tax cuts or more quantitative easing may be needed if growth proves persistently weak.
Scientists are launching an international mission to measure salt levels at the surface of the ocean. A rocket carrying an Argentine-built spacecraft is set to lift off Thursday from the Vandenberg Air Force Base along the central California coast.
Ban Ki-moon formally asked the UN Security Council to support his candidacy for a second five-year term as UN secretary-general, according to a letter. His first term ends December 31 and so far is unopposed.
Brazil’s presidential foreign affairs advisor Marco Aurelio Garcia celebrated the victory of nationalist Peruvian president elect Ollanta Humala who beat Keiko Fujimori in the Sunday run off by a minimum difference.
Brazilian president Dilma Rousseff’s handling of her cabinet chief Antonio Palocci crisis has come under heavy flack from the opposition who warned that she is losing image and is being eclipsed by former president Lula da Silva.
European Union farm ministers will try on Tuesday to agree financial aid for fruit and vegetable producers whose sales have been hit by an E.coli outbreak that has so far claimed at least 22 lives in Europe and triggered a scare in fresh produce consumption.