Australia's central bank surprised financial market by cutting its key interest rate a full percentage point from 7% to 6%. The bank said the sharp cut was justified given the prospects for growth, even though inflation is currently above target.
British campaigners for a balanced migration policy welcomed hints from the Government's new immigration minister that he may seek limits on the number of migrants coming into the United Kingdom.
British government attempts to tackle rising energy bills were accused of being in meltdown as the latest figures showed a million more households slipped into fuel poverty in 2006.
Germany offered a blanket bank deposit guarantee on Sunday in a bid to contain the spreading credit crisis as European officials clinched deals to rescue Germany's Hypo Real Estate and recapitalize two other European banks.
This year's Nobel Prize in Medicine honors three Europeans who discovered viruses that cause deadly diseases, and whose findings have led to major medical advances.
The world's poor and uprooted people are increasingly at risk as the world struggles with a combination of adverse economic, social and political trends that threaten to trigger even greater displacement in the future, the top United Nations refugee official warned on Monday.
Chief Minister Peter Caruana and Opposition leader Joe Bossano will soon appear before the UN Fourth Committee in New York.
The UK's commander in Helmand has said Britain should not expect a decisive military victory in Afghanistan. Brigadier Mark Carleton-Smith told the Sunday Times the aim of the mission was to ensure the Afghan army was able to manage the country on its own.
Gibraltar delegates left for New York to participate in the session dedicated to the British Overseas Territory before the 4th Committee of the United Nations. The 4th Committee is one of the six main committees of the General Assembly of the United Nations.
Dubai announced on Sunday plans to build a more than one kilometer high sky scraper, an undertaking that will demand over ten years to construct and billions of dollars, possibly becoming the world's tallest building, according to developers Nakheel.