Governments must slash budget deficits decisively and central banks should not wait too long to raise borrowing costs as side effects from measures prescribed to tackle the global recession may create the next crisis according to the Bank for International Settlements.
The European debt crisis is a key risk to the UK's banking sector and banks should build up their cash reserves in response, the Bank of England has warned. In its latest financial stability report, the central bank welcomed recent measures taken by the EU to stem the crisis.
Reducing the consumption of meat and dairy products and improving agricultural practices could decrease global greenhouse gas emissions substantially. By 2055 the emissions of methane and nitrous oxide from agriculture could be cut by more than eighty percent, researchers of the Potsdam Institute for Climate Impact Research find.
Argentine president Cristina Fernandez de Kirchner met with PM David Cameron in the framework of G-20 events in Toronto, Canada, but avoided talking about the Falkland Islands sovereignty dispute, according to Argentine media sources.
The Royal Malaysian Air Force's (RMAF) F-5E jet engines reported stolen two years ago have been brought back to the country from Uruguay.
China must create more channels for investors and companies to use the Yuan if it wants to internationalize the currency and put it on a par with the Yen and the Euro, central bank officials and economists told a forum in Shanghai.
This weekend and after five months at sea the eight tall vessels that participated in the Latinamerican Bicentennial Regatta docked in Veracruz, Mexico, the last leg of the long itinerary which was launched last February in Brazil and called at major ports in South America.
Leaders at the G20 summit in Canada have agreed to cut national budget deficits without stunting economic growth. Summit host Prime Minister Stephen Harper said the group's richest members should halve their deficits within three years.
Failure to agree a common way forward at the International Whaling Commission (IWC) annual meeting is unfortunate, says Japan's minister attending. In an interview with BBC News, Ms Yasue Funayama said Japan had had to sweat and bleed to bring agreement closer.
Italian Prime Minister Silvio Berlusconi is scheduled to arrive Monday with a delegation of sixty businesspeople in Brazil where he will consider with President Lula da Silva investment projects involving at least 10 billion US dollars.