
China, India and Brazil are poised to fuel an explosion in international tourism in the coming years helping to create jobs in countries ready for it, and trouble for those that lag, industry leaders say.

Queen Elizabeth honoured Irish people killed fighting for independence from Britain in a powerful gesture of reconciliation few people would have believed possible even in recent times.

The United States dollar status as the world’s single reserve currency will end by 2025, according to a new report by the World Bank.

Brazil announced it was imposing non automatic import licences on synthetic fibre blankets from Paraguay, Uruguay and China, according to an official communiqué from the Brazilian Ministry of Development, Industry and Foreign Trade released Tuesday.

Brazil’s former Foreign Affairs minister Celso Amorim said that the next IMF Managing Director must come from an emerging economy if Dominique Strauss-Kahn, currently in custody in New York on alleged rape charges finally looses his job.

Dominique Strauss-Kahn, (DSK) the head of the International Monetary Fund, may be forced to leave his post after being accused of trying to rape a maid in his New York hotel room. IMF is currently under John Lipsky Acting Managing Director.

China moved to smooth economic relations with Brazil on Monday, saying it was open to more Brazilian exports and that Chinese firms will broaden their investments in the country.

Heaven is a fairy story for people afraid of the dark, the eminent British theoretical physicist Stephen Hawking said in an interview. Hawking, 69, was expected to die within a few years of being diagnosed with degenerative motor neurone disease at the age of 21, but became one of the world's most famous scientists with the publication of his 1988 book A Brief History of Time.

Euro zone finance ministers approved Monday a three-year, 78-billion Euro emergency loan program for Portugal and said Lisbon would ask private bondholders to maintain their exposure to its debt.

IMF Dominique Straus-Kahn, accused of attempting to rape a hotel housekeeper, was ordered held without bail by a New York judge after prosecutors argued he presented a flight risk.