
The European Central Bank declared Thursday that the economic contraction in Europe is coming to an end and kept interest rates on hold at 1%. However, the ECB's president, Jean-Claude Trichet, warned the recovery will be bumpy, especially in the face of high unemployment in Europe which is now 9.5%.

United States citizens with relatives in Cuba can send them unlimited cash and visit the island as long and often as they would like under new rules from President Barack Obama’s administration.

Headlines: Nigel our new man at the Big House; Threat to Airbridge; Next of kin trip.

Uruguay’s government telecommunications company Antel was left headless following several scandals that forced the resignation of the president and vice-president of the board.

The parliamentary aide to United Kingdom Defence Secretary Bob Ainsworth has resigned over Afghanistan. In a letter to PM Gordon Brown, Eric Joyce called on the Prime Minister to make it clear to the British people that the Afghanistan campaign was time limited.

The Brazilian Senate released a statement criticizing Venezuelan president Hugo Chavez for the measures implemented by his government against private media. The decision by the Senate’s Foreign Affairs Committee could further delay Venezuela’s incorporation to Mercosur.

Britain’s main opposition Tories could be heading for a 96-seat Commons majority at the next general election, a poll has revealed. Conservative leader David Cameron currently has a 42% share of the vote, with Labour trailing on 28% and the Liberal Democrats on 17%, according to the YouGov survey for The Sun newspaper.

Budget cuts could damage Britain’s armed forces and investing in the defence industry could help lead Britain out of recession, leading figures from the UK’s armaments sector said this week.

Britain’s Queen Elizabeth II is to launch a baton relay – one of the longest in history – in the presence of Indian President Pratibha Patil to lift the curtain on the 2010 Commonwealth Games in Delhi, organizers announced this week.

Colombian lawmakers passed a bill on Tuesday aimed at allowing President Alvaro Uribe to seek a third consecutive term if the conservative U.S. ally chooses to run for re-election next May.