The head of the International Monetary Fund, Christine Lagarde, has warned that a US default could tip the world into recession. In a US TV interview she said a default would result in massive disruption the world over.
The Colombian government and left-wing FARC rebels ended a 15th round of peace negotiations on Sunday trading accusations over responsibility for the slow pace of the talks and for the first time failing to issue a joint statement on their progress.
The Roman Catholic Church in Spain has beatified 522 people, most of them priests and nuns killed by Republicans during the Spanish Civil War. Thousands of people attended the outdoor event in Tarragona, presided over by a senior Vatican cardinal.
Brazilian president Dilma Rousseff is speeding up her re-election campaign trying to drop the ‘technocrat-no nonsense’ and ‘people distant’ attitudes which have been some of the main complaints about a nevertheless loveable leader.
Mercosur has many internal problems and therefore it is much easier to work with Brazil, said European Commission Vice-President for Industry and Entrepreneurship Antonio Tajani who spent this week two days of negotiations with top officials in Brasilia.
China has knocked the US from its top spot as the world's biggest net importer of oil, US government data shows. The country's fast-growing economy, as well as the rise in car sales, has led to its new status, according to September's data. Oil consumption in China had outstripped production by 6.3 million barrels a day, said the Energy Information Administration (EIA). In the US, the figure was 6.1 million.
Guyana says the Venezuelan navy has entered its territorial waters and detained a US-operated ship. The government said the Venezuelan actions in the disputed Essequibo region constituted a serious threat to peace in the region.
Chilean presidential candidate for the ruling party Evelyn Matthei was the target of her competitors’ criticism during a televised debate in which she brushed aside hopefuls’ aspirations arguing that it was obvious that the race was between her and Michelle Bachelet, who did not participate.
Argentina will not accept the remains of Nazi war criminal Erich Priebke who died in Italy, officials in Buenos Aires said on Friday. Priebke died in Rome aged 100 after serving nearly 15 years under house arrest for a World War II massacre in Italy for which he never expressed remorse.
The storm of protest in Spain over Gibraltar Chief Minister Fabian Picardo’s speech to the UN this week showed no sign of letting up with a fresh round of political complaints and even the threat of legal action, according to the Gibraltar Chronicle.