
A meeting of Euro zone ministers in Brussels ended with a promise to work towards further help for Ireland. The EU monetary affairs commissioner, Olli Rehn, said the 27-country bloc would intensify work on a support programme for Ireland - should Dublin request one.

International Labor Organization (ILO) is warning countries against social security cuts to reduce public spending which could slow down or delay recovery. The ILO says social security encourages stability, but only about a fifth of the world has access.

China's Ministry of Housing and Urban Rural Development announced this week that purchases of housing by overseas organizations and individuals in the country would be capped or restricted, a move widely seen as combating speculative money from overseas that might flow into the property market.

Mercosur and European Union delegates are scheduled to meet at the end of the month or early December in Brasilia for a new round of talks leading to a wide ranging trade agreement which both sides have agreed should be ready to conclude negotiations in the first half of 2011.

Leading Latinamerican corporations and European investors will be participating in Madrid at the XII Latibex three-day forum organized by Spain’s securities markets.

“The global crisis is not over, nothing has been solved, only patches to avoid the worst effects of a great depression”, according to Carlos Slim, the Mexican tycoon considered by Forbes the wealthiest man on earth, currently in Buenos Aires for a round of conferences.

German Chancellor Angela Merkel said the Euro is the glue that holds Europe together, signalling that an Irish bailout may be the price of preserving European unity.

A new species of squid has been discovered by scientists during a research cruise in the southern Indian Ocean. The 70cm-long specimen is a large member of the chiroteuthid family.

London-based Tehran Times newspaper published a controversial editorial on the international conflict Argentina and Iran are currently immersed into over the AMIA bombing probe. The newspaper assured the influence of Israel and the Jews on the internal affairs of Argentina increased greatly and the South American nation now seems like an occupied country.

There have been no discussions between Britain and France on whether aircraft carriers could be sent to defend the Falkland Islands, United Kingdom Armed Forces Minister Nick Harvey said.