
Germany’s Finance Ministry said on Saturday it has no specific plans for helping Greece combat its deficit crisis, denying a magazine report that euro-area governments may offer as much as 25 billion Euros in aid.

A preview of the Census of Marine Life has revealed that the project has discovered over 5,000 new species. These include bizarre and colourful creatures, as well as many organisms that produce therapeutic chemicals.

The Greek Prime Minister has admitted there is a fear of contagion as his nation battles its debt crisis. George Papandreou also insisted his country was not looking for a banking-style bailout and denied that his people were reckless.

China’s voracious appetite for Latinamerican commodities is turning into a great opportunity for companies in the region not only because of the huge market but also as a great financial source.

Greece has defended a controversial deal that may have masked the extent of its budget woes and has annoyed the European Union. The 2001 debt-swap deal with Goldman Sachs was legal under EU rules, Finance Minister George Papaconstantinou told the Greek parliament.

Unemployment in the UK fell at the end of last year but the number of people claiming Jobseeker's Allowance has now reached a record high, new figures show. The number of Britons out of work fell to by 3,000 to 2.46 million in the three months to December, leaving the unemployment rate at 7.8%.

Russia has increased arms sales to Latin America but Moscow’s interests in the region are “purely commercial” said Russian Foreign Affairs minister Sergei Lavrov following talks with his Mexican counterpart, the last stop of a regional tour that included Cuba, Guatemala and Nicaragua.

Seventy journalists were killed in 2009, making it the worst year since records began 30 years ago, the Committee to Protect Journalists says. A massacre of 31 journalists in the Philippines broke the old record of 67 deaths, set only in 2007.

Foreign demand for US Treasury bonds and notes fell by a record amount in December as China reduced its holdings. The Treasury said foreign holdings of US debt dropped by 53 billion USD, surpassing the previous record set last April.

United Kingdom price rises caused by the return of 17.5% VAT in January saw inflation reach 3.5%, the Office for National Statistics (ONS) has said. The Consumer Prices Index (CPI) rose to 3.5% last month from 2.9% in December as goods and services became more expensive.