Karl Marx was never so right as now about the current crisis of the capitalist system said Nobel Prize in Literature Jose Saramago during the presentation in Lisbon of the film Blindness, partly filmed in Montevideo, with a script based on his novel.
British Prime Minister Gordon Brown called on Tuesday for an increase in funding of the International Monetary Fund (IMF) to cut the risk of financial contagion and said China and oil-rich Gulf states should make the bulk of the contributions.
The gap between rich and poor in most wealthy nations has widened, revealed the Organization for Economic Co-operation and Development (OECD). Across the 24 OECD countries where data was available, the cumulative rise in inequality was 7% over the past 20 years, the Paris-based group said. But this was not as large a rise as had been expected, it said.
The Antarctic wilderness is attracting a growing number of tourists keen to experience the icy landscape yet their presence is posing new risks to this unique marine environment.
The Gibraltar Government has welcomed the formal rejection by the United Nations Fourth Committee of the view promulgated by the Committee of 24 that territories affected by a sovereignty dispute are excluded from the principle of self-determination.
Carbon dioxide is not the only greenhouse gas that worries climate scientists. Airborne levels of two other potent gases _ one from ancient plants, the other from flat-panel screen technology _ are on the rise, too. And that has scientists wondering about accelerated global warming.
IMF Managing Director Dominique Strauss-Kahn has been cleared of harassment, favoritism and abuse of power after an affair with a colleague.
Britain is better prepared than other countries to weather the global economic storm, Gordon Brown has insisted despite the UK recording its worst economic performance for 18 years.
Unable to form a new coalition government, Kadima Party leader Tzipi Livni said Sunday she has asked Israeli President Shimon Peres to hold early general elections.
Asian and European leaders have called for comprehensive reform of the global financial system. Ending a summit in Beijing, they also urged the International Monetary Fund (IMF) to play a greater role in helping countries hit by the market turmoil. UN chief Ban Ki-moon called for action to help affected developing nations.