
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.

Europe's biggest economies agreed on Saturday to work together to support financial institutions, but without forming a joint bail-out fund. French President Nicolas Sarkozy hosted the meeting of the leaders of Britain, Germany and Italy in Paris.
BHP Billiton proposed 114 billion US dollars hostile bid for rival mining giant Rio Tinto has been cleared by Australia's competition watchdog.

French President Nicolas Sarkozy distanced himself from a proposed 300 billion Euro European Union-wide bank rescue scheme that has divided EU governments on the eve of a meeting to be held in Paris.