
Rupert Murdoch's News Corporation has announced that it is dropping its planned bid to take full ownership of satellite broadcaster BSkyB. The announcement came as the House of Commons prepared to vote for a motion supported by all major party leaders calling on Mr Murdoch to do so.

US President Barack Obama raised the stakes in the third straight day of budget talks Tuesday, warning that senior citizens and veterans may suffer first if the debt ceiling is not raised by Aug. 2.

The United Nations marked on Monday July 11, World Population Day, with Secretary-General Ban Ki-moon stressing that ending global poverty and inequality was the key to unleashing the great human potential for prosperity and peaceful coexistence.

Between 2003 and 2009, nearly 950,000 people per year emigrated from the Americas to countries of the OECD and of this total, nearly half went to the United States, and a fourth to Spain, according to the First Report on International Migration in the Americas.

China has secured its first top-level post at the International Monetary Fund (IMF) in recognition of its growing power in the global economy. New IMF Managing Director Christine Lagarde appointed Zhu Min to a newly created deputy managing director post.

Type-42 destroyer HMS York returned to cheering crowds of families and well-wishers at Portsmouth Naval Base last week following a varied and wide-ranging deployment to the Falklands in the South Atlantic and Libya.

Buenos Aires City Mayor, conservative Mauricio Macri said on Monday he was “really surprised” with the large margin victory obtained in the first round of his bid for re-election and considered the result “a good example of the voters’ independency, and how citizens can surprise with their decisions”.

Police have said that former British Prime Minister Gordon Brown may have been a victim of phone hacking by an investigator working for British newspapers, his spokeswoman said on Monday.

The News of the World newspaper bought contact details about the royal family from a policeman, the BBC reported today, deepening the scandal engulfing the News Corp media empire.

President Cristina Fernandez de Kirchner said that “Argentina is absolutely committed to peace” and dismissed as “ridiculous” statements from the United Kingdom threatening to use force if needed to preserver the occupation of the Falkland Islands.