The cleanup after tropical storm Irene continued Tuesday across the Canadian province of Quebec, where the storm washed out roads, downed power lines and possibly contributed to one death. An 81-year old man died after he disappeared for several hours during the storm northeast of Montreal.
The IMF has slashed its growth forecasts for the United States and said the Federal Reserve and the European Central Bank must be ready to ease policy.
Former IMF chief Dominique Strauss-Kahn apologized Monday to the institution's staff in his first return visit since charges of sexual assault against him were dropped last week. He was greeted with warm applause.
FAO urged heightened readiness and surveillance against a possible major resurgence of the H5N1 Highly Pathogenic Avian Influenza amid signs that a mutant strain of the deadly Bird Flu virus is spreading in Asia and beyond, with unpredictable risks to human health.
Japanese Finance Minister Yoshihiko Noda was chosen Monday to become the sixth prime minister in five years, but he needs to overcome a divided parliament and deep rifts in the ruling party if he is to make more of a mark than his recent predecessors.
A new grossly offensive comedy on Channel 4 portraying Lady Thatcher as a sex-starved Falklands War obsessive, and mocking her frail mental health, has been criticised by MP's.
The new head of the IMF urged global policymakers to pursue urgent coordinated action, including the mandatory recapitalization of European banks, or risk descent into renewed world recession.
Dominique Strauss-Kahn was given back his passport on Thursday, his legal team said, clearing the way for the former IMF head to travel abroad for the first time since his arrest three months ago on sex crime charges.
Steve Jobs took home 1 dollar a year for serving as Apple's CEO. The company's new leader, Tim Cook, is getting a richer deal. Apple's board has given Cook a restricted stock grant of 1 million shares, Apple reported late Friday in a regulatory filing. Those shares have a market value of 383.6 million dollars, based on the stock's closing price on Friday.
The mystery behind the birth of lager beer has been solved. Scientists have successfully traced the origin of the popular alcoholic beverage to a type of yeast, believed to have travelled 11,000 kilometres from Patagonia, (Argentina) to Bavaria 500 years ago.