Moody's has downgraded debt-stricken Ireland by five notches just days after the Irish parliament approved a multi-billion euro international bailout.
WikiLeaks founder Julian Assange said his organisation had come under attack not so much from governments but from banks as he vowed to release damaging leaks about them.
Member nations of Mercosur will seek to boost economic and political ties with Cuba in a bid to make the island an associate member of the trade bloc.
The decisions by the governments of Brazil and Argentina last week to recognize an independent Palestinian state with borders prior to the 1967 Six Day War has prompted criticism from the United States and intense lobbying in Santiago de Chile.
European Union leaders have agreed to set up a permanent mechanism to bail out any member state whose debt problems threaten the 16-nation Euro zone.
India and China agreed to raise the bilateral trade to 100 billion US dollars by 2015, step up investments and permit banks of other countries to open branches and representative offices.
WikiLeaks founder Julian Assange was granted bail Thursday by the High Court in London and will move from a prison cell in Wandsworth to a country retreat in Norfolk when he is released from custody.
China and Argentina signed a Tax Information Exchange Agreement (TIEA) in order to improve transparency in the two countries’ bilateral trade and investment.
The International Monetary Fund (IMF) approved a 22.5 billion Euros loan for Ireland and said it was open to re-negotiating parts of the bailout package with a new government provided its overall targets were adhered to.
The creator of Facebook, Mark Zuckerberg has been announced as Time magazine’s person of the year 2010, “for changing how we all live our lives in ways that are innovative and even optimistic”.