
The remains of a 300-year-old Royal Navy warship are to be raised from the sea bed, according to reports. The wreck of HMS Victory, a predecessor of Nelson's famous flagship, was found near the Channel Islands in 2008.

Spain’s economy contracted in the fourth quarter and will shrink 1.5% this year, the Bank of Spain estimated, undermining government efforts to cut the budget deficit amid the second recession in two years.

China will face bigger challenges in the Year of the Dragon its Prime Minister Wen Jiabao warned Saturday, as he pledged economic reforms to improve wealth distribution, state media reported.

The operators of the Costa Concordia faced questions over their share of the blame for the shipwreck, as divers recovered another body from the stricken liner, bringing the known death toll to 13.

Spanish Foreign Affairs minister Jose Garcia-Margallo is seeking to revisit talks on co-operation with the disputed Gibraltar UK Overseas Territory on a new variation of the formulas for talks: a quadripartite forum.

New Zealand officials say at least 22 pilot whales have died after being beached on the country's South Island.

Dutch schoolgirl sailor Laura Dekker, who has fulfilled her dream to become the youngest round-the-world sailor, arrived late on Saturday on the Dutch Antillean Island of St Maarten in the Caribbean, a year and a day after starting her epic voyage and breaking all the records she set out to surpass.

British Oil explorer Cairn Energy has sold off a 30% stake in one of its Greenland exploration licences to Norwegian group Statoil. It is part of Cairn's plan to bring in a partner in to share the costs of exploration in the Arctic.

Asia welcomed the Year of the Dragon on Monday with a cacophony of fireworks, hoping the mightiest sign in the Chinese zodiac will usher in the wealth and power it represents.

So far it’s a psychological war to try and persuade the British to begin Falkland Islands a sovereignty discussion with Argentina but there is nothing to discuss about since the Islanders don’t want to belong to Argentina and that’s it, said UK retired Major General Julian Thompson.