
China's policymakers have been given more room to boost stimulus measures after the country's inflation rate dipped in September. Consumer prices rose 1.9% from a year earlier which is down from a rate of 2% in August.

Alvin Roth and Lloyd Shapley have won the 2012 Nobel Prize in economics. The Royal Swedish Academy of Sciences cited the US academics for their work on the “theory of stable allocations and practice of market design”.

A referendum on Scottish independence will take place before the end of 2014 following an agreement signed on Monday by UK Prime Minister David Cameron and Scottish leader Alex Salmond.

The Gibraltar Government strongly condemned the lengthy and deliberate delays to cross the frontier into Spain which have been experienced by Gibraltarians and visitors to Gibraltar. Chief Minister Fabian Picardo, currently in London has already been in touch with the UK Government and urged them to take up the matter with Spain at the highest level

Two student leaders who have been at the head of the 18 months long demonstrations in Chile demanding an overhaul of the education system will be honoured this week with the 2012 Letelier-Moffit Human Rights Prize in representation of the Chilean Students Federation.

The European Union won the Nobel Peace Prize on Friday for promoting peace, democracy and human rights over six decades in an award seen as a morale boost as the bloc struggles to resolve its economic crisis.

Prominent Chinese dissident Wei Jingsheng on Thursday criticized the awarding of the Nobel literature prize to officially tolerated author Mo Yan, saying the move was meant to please Beijing.

Argentina is sending a top level ministerial delegation to Ghana to discuss the release of the Navy’s tall vessel ARA Libertad, retained in the African country following a Thursday court ruling which confirmed the seizure on the complaint from a hedge fund.

President Dilma Rousseff, meeting with her Irish peer Michael D. Higgins said the global crisis has had a greater impact on Argentina than on Brazil, which has a stronger industrial base, and called for a better understanding of President Cristina Fernandez administration.

Noble Energy which expects go be extracting oil from the Falkland Islands before 2020, said on Thursday it plans to explore for crude oil in areas of Nevada that have seen little drilling, as the US exploration and production company starts to assess its longer-term prospects.