Beijing announced Sunday a stimulus package equivalent to 586 billion US dollars in its biggest move to cushion the impact of the global financial crisis hitting the world's fourth-largest economy.

The head of the United Kingdom armed forces gave a clear warning to ministers that troops should not be transferred from Iraq to Afghanistan when Britain's military commitment there is scaled down next year.

Britain has irritated Argentina by announcing a new constitution that shares more powers with the people of the Falkland Islands and enshrines the right to self-determination.
Finance ministers from the Asia-Pacific Economic Cooperation (APEC) grouping pledged to instrument reforms as economies in the region seek to mitigate the impact of global economic crisis.
The summit of European Union leaders in Brussels on Friday reached a common position on reforming the world financial system, announced French President Nicolas Sarkozy. EU countries agreed on the need to take firm and ambitious operational decisions at the Washington summit on 15 November, Mr Sarkozy told reporters

An historic British china manufacturer: Midlands-based Royal Worcester & Spode Ltd, which dates back to 1751, employs 388 people in the UK at sites in Stoke-on-Trent, Lymedale and Worcester has gone into administration.

On Friday the Spanish Navy oceanographic vessel Las Palmas calls in Punta Arenas to officially begin Spain's Antarctic 2008/09 season. The vessel left from Cartagena last October 8 for the twelfth Antarctic season incursion and will be operating from Punta Arenas.
The head of the United Nations Conference on Trade and Development (UNCTAD) called for revising accounting and reporting standards to boost investor confidence amid the current global financial crisis, which he warned is spreading like a pandemic.

Great Britain has again brought up with Madrid the question on military restrictions imposed by Spain around Gibraltar, reports the Gibraltar Chronicle.

The number of unemployed people in Spain in October reached a 12-year high of 11.3%, according to the Labour Ministry, the highest level in Europe.