
The Organization of American States, OAS, and the European Union agreed Wednesday to send their ambassadors in Honduras back to Tegucigalpa, the city which they left following the June coup that deposed constitutional president Manuel Zelaya.

Inflation in the United Kingdom has proved more stubborn than expected and is now no longer estimated to fall below 1% this autumn, according to minutes from the Bank of England's rate-setting committee. But there is still a lot of uncertainty about the economy and the impact of the ongoing reluctance of banks to lend.

Japan’s new centre-left government has urged Australia to help prevent violent attacks by activists on Japanese whalers as it stood by the country's traditional support for whaling, an official says.

The Euro rose Tuesday to the highest level against the US dollar since August 2008 as investors looked to the Group of 20, G20, summit in Pittsburgh this weekend for more signs about the world economic recovery.

Uruguay sold 500 million US dollars of bonds maturing in 2025 in its first international debt issue in three years. The 16-year bonds are to yield 340.3 basis points above US Treasuries.

The global financial crisis is likely to leave long-lasting scars on the world economy, but governments can act to stimulate a quicker revival and counter output losses, according to a new IMF study.

US president Barack Obama has led the way as world leaders and industry chiefs seek to build momentum for a new international deal on climate change. Mr Obama told a United Nations summit on greenhouse gas emissions that the US was determined to act on global warming.

The ban on smoking in public places, such as bars and restaurants, has been one of the greatest public health debates of the early 21st century. Now, two large studies suggest that communities that pass laws to curb secondhand smoke get a big payoff -- a drop in heart attacks.

China will get the biggest increase in voting power at the IMF (*) when the global lender completes a long-awaited restructuring in 2011, the head of the IMF said Tuesday. In an interview with Reuters, IMF Managing Director Dominique Strauss-Kahn said European nations, which have resisted a dilution of their global economic clout in the IMF, increasingly recognized it was time for change.

World Trade Organization (WTO) chief Pascal Lamy said Tuesday that he was still cautious about the outlook of the Doha Round of global trade negotiations despite a detailed work program drawn up by senior officials last week. He also called for leadership and responsibility from G-20 leaders meeting this week in Pittsburgh.