Youth hurled missiles at police in northeast London on Monday as violence broke out in the British capital for a third night. Protesters threw bottles, rubbish bins and supermarket trolleys at officers, and police with riot shields responded by charging them as they tried to seal off a busy area around Hackney Central station.
Stock markets extended their heavy losses on Monday despite US President Barack Obama moving to try to reassure investors. In his first public reaction to Standard & Poor's downgrading the US, President Obama said markets continued to regard US government debt as being the highest possible grade.
The European Central Bank has said it will buy Euro zone bonds, following emergency talks on the debt crisis. ECB did not say which bonds it would buy but analysts expect them to be from Italy and Spain.
Argentina’s second electoral district voted on Sunday for incumbent candidate, Jose Manuel de la Sota as the next governor of the province of Cordoba.
A Brazilian retired general and former commander of UN forces in Haiti warned the new Defence minister Celso Amorim to avoid giving the Armed Forces command a ‘left-wing ideological imprint’.
Four districts in the Chilean extreme south region of Magallanes were declared in “agricultural emergency” given the harmful effects of snow storms in the area.
The Brazilian congressional opposition promised to block legislative work in both Houses until the government accepts the creation of a Special Investigation Commission, CPI, to look into alleged corruption practices in several ministries from the administration of President Dilma Rousseff.
Brazil has no plans to sell US Treasuries or change its foreign currency reserves holdings as a result of Standard & Poor’s downgrade of the US’s credit rating, a government official said.
Beijing bluntly criticized the United States after the superpower's credit rating was downgraded, saying the good old days of borrowing were over. S&P cut the US long-term credit rating from top-tier AAA by a notch to AA-plus on yesterday, over concerns about the nation's budget deficits and climbing debt burden.
French President Nicolas Sarkozy called President Cristina Fernández de Kirchner, CFK, on Sunday in order to “personally thank her for the outstanding job” carried out by local authorities in the investigation of the murder of two French tourists in Salta.