
Spain’s official unemployment advanced for a third month in March, deepening the divide between peripheral economies struggling to recover from the financial crisis and Germany’s booming labour market. It was the worst record for Spain since 1996.

High levels of radioactive iodine and cesium were detected by Japan’s Fisheries Ministry in fish caught near the Fukushima nuclear power plant this week. Japan has responded to the findings by announcing its first legal limits for radiation in fish and said it is considering a ban on exports of some marine products.

An IMF staff proposal to endorse capital controls in limited circumstances aroused opposition from Brazil and other nations seeking greater freedom to stem inflows of money from overseas.

China’s central bank announced Tuesday it would raise the benchmark one-year borrowing and lending interest rates by 25 basis points beginning Wednesday. This is the second time that The People’s Bank of China raises the benchmark interest rate this year and the fourth such increase since the start of last year.

Tapes revealed by Germany’s Der Spiegel shed light on the life of a fugitive Nazi criminal in Argentina after the Second World War (1939/1945). Contrary to his claim during his trial in Israel that he was only following orders, Adolf Eichmann boasted to his friends that he was part of decision making process.

Argentina’s Foreign Affairs Minister Héctor Timerman began his first official trip to Israel and denied offering to “forget” Iran's role in attacks against Israel's Embassy in BA and AMIA Jewish Community Centre in exchange for improved trade ties with Teheran.

Oil climbed to the highest level in 30 months in New York on Monday on speculation that US economic growth may support demand and a protracted conflict in Libya will curtail supply.

Martin Woods, a former senior anti-money laundering officer at the London office of Wachovia Bank says that New York and London have become the world's two biggest laundries of criminal and drug money, and offshore tax havens.

France has discovered what appears to be part of an Air France aircraft that crashed in the Atlantic almost two years ago killing all 228 people on board, accident investigators said.

The United Nations Food and Agriculture Organization, FAO called for veterinary and border control authorities in Asia to be on alert for animals showing signs of Foot and Mouth Disease, FMD. The request follows on South Korea’s culling millions of livestock and vaccinating millions more to stop the spread of FMD, while North Korea also is responding to an outbreak of the disease.