Following the second rescue of Greece, Spain is the next candidate to request a major financial aid package according to William Hill one of the largest bookmakers in the United Kingdom.
As of this month RAF Lyneham's Hercules fleet has a new base at RAF Brize Norton which is becoming critically important as an RAF logistics support hub including the air bridge with the Falkland Islands.
Mercosur/European sixth round of negotiations to reach a wide ranging cooperation and trade agreement took off Monday in Brussels, but rather timidly with no immediate prospects of an exchange of proposals for market access.
Ratings agency Standard and Poor's warned on Monday that efforts to bailout Greece involving private banks could amount to a debt default even as Brussels sees progress being made in resolving the crisis.
The European Central Bank should not hike interest rates aggressively and wait for stronger Euro zone growth before increasing rates after this week's expected move, OECD head Angel Gurria said on Monday.
Euro zone finance ministers have approved a 12 billion euro instalment of Greece's bailout, but signalled that the nation must expect significant losses of sovereignty and jobs.
A majority of left-leaning French voters, 60%, want former IMF chief Dominique Strauss-Kahn, whose high-profile trial on sexual assault charges could collapse, to return to French politics, a poll released showed.
Chinese President Hu Jintao has issued a mea culpa for rampant corruption in the ruling Communist Party, warning members about alienating the public as the organisation celebrates its 90th anniversary.
Finance Minister Felipe Larraín advanced efforts to integrate the Chilean and London stock exchanges during a recent visit to the United Kingdom. A delegation of government officials and business leaders accompanied the minister on his trip to promote foreign investment in Chile.
Former IMF chief Dominique Strauss-Kahn was freed on Friday from house arrest after prosecutors raised serious doubts about his accuser's credibility, including that she lied to the grand jury.