The UK and France have agreed to strengthen defense co-operation following a summit at RAF Brize Norton on Friday. A communiqué signed by UK Prime Minister David Cameron and French President Francois Hollande sets out plans for closer ties between the two countries.
Royal Navy has sent additional personnel to Gibraltar to strengthen its Gibraltar Squadron in response to Spanish maritime incursions into British territorial waters.
The International Monetary Fund urged central banks to ensure that a financial market rout in the developing world does not lead to an international funding crunch. An IMF spokesman said some emerging market countries need to take urgent action to improve their economies, which are under threat by a recent sell-off in markets from India and Turkey to Brazil.