A hole the size of a small car in the underside of a Qantas jumbo jet carrying 346 passengers forced the pilot to make an emergency landing Friday after a rapid descent over the South China Sea
Southern Chile's Chaiten Volcano, which erupted in early May for the first time in recorded history, is once again making its presence felt.
Critics have increased the pressure on British Prime Minister Gordon Brown after Labor's defeat in the Glasgow East by-election, but colleagues have leapt to his defense
The ministerial meeting in Geneva in the framework of the World Trade Organization (WTO) long-running Doha round talks has failed to break the deadlock and several issues remain intractable, from farm subsidies to car import duties.
Moscow and Tokyo top the list of the world's most expensive locations for the third year running, according to the annual report from consultants Mercer which considers 143 cities all over the world. Asunción in Paraguay figures as the less expensive place to live.
Venezuelan president Hugo Chavez currently on a European tour is scheduled to meet Friday with Spain's King Juan Carlos in Palma de Mallorca, where the royal family is enjoying their summer holidays. The news was confirmed in Madrid by the royal palace and the presidential office.
The Arctic could hold as much as 90 billion barrels of undiscovered oil and has as much undiscovered gas as all the reserves known to exist in Russia, US government scientists have said in the first governmental assessment of the region's resources.
European cities dominate the worldwide rankings of locations with the best quality of living, according to Mercer's 2008 Quality of Living survey. Zurich retains its 2007 title as the highest ranked city followed jointly by Vienna (2), Geneva (2), then Vancouver (4) and Auckland (5).
The Euro is overvalued, while the US dollar's decline has brought it closer to its medium-term equilibrium in a decade, according to a top official from the International Monetary Fund.
Wheat, corn and soybean prices eased at the start of the week on news of favorable crop weather in the US and Europe along with Argentina's decision to repeal the export tax hike.