Opposing fans give Real Madrid forward Cristiano Ronaldo a hostile reception because he is rich, handsome and a great player, the Portuguese said after Wednesday's 1-0 Champions League win at Dinamo Zagreb.
The head of the International Monetary Fund today urged advanced countries to take bold, coordinated action to break a vicious cycle of weak growth and high debt that threatens the global economy and has been worsened by dysfunctional politics.
The International Monetary Fund hopes investments in European bonds by the fast-growing BRIC (Brazil, Russia, India and China) economies are not limited to less risky government bonds such as German or British bonds, IMF managing director Christine Lagarde said in an Italian daily on Wednesday.
Major central banks around the world will cooperate to offer three-month US dollar loans to commercial banks in order to prevent money markets from freezing up because of Europe's sovereign debt crisis.
The head of the World Bank said Wednesday the world had entered a new economic danger zone and that Europe, Japan and the United States all need to make hard decisions to avoid dragging down the global economy.
The Italian parliament gave final approval on Wednesday to a much-altered austerity plan aimed at stemming a debt crisis engulfing the euro zone's third largest economy.
Moody's cut the credit ratings of two French banks Wednesday because of their exposure to Greece's debt, highlighting growing risks to Europe's financial sector from the deepening euro zone sovereign debt crisis.
Plans are being drawn up for celebrations to mark next year's 30th anniversary of the Falklands conflict, reports Wednesday the Evening Standard. The UK Ministry of Defence, Foreign Office and Falkland Islands government are working on how best to commemorate the 1982 conflict with Argentina.
Argentine President Cristina Fernández de Kirchner held on Wednesday a 45 summit meeting with her counterpart Nicolas Sarkozy on the third and last day of her official visit to France.
Brazil, Russia, India, China and South Africa, which make up the so-called BRICS group, will meet in Washington next week to discuss how to help the European Union avert a full-blown financial crisis as Greece veers toward default on its debt, Brazilian Finance Minister Guido Mantega said Tuesday.