
President Barack Obama has revealed a long-awaited plan to tackle the US housing crisis, aiming to help up to nine million families. The plan will provide refinancing to four to five million responsible homeowners on the verge of defaulting.

Brazilian and Argentine officials failed to reach an agreement in talks Tuesday night to defuse growing tensions over trade barriers. However a bilateral working group was announced and another round of talks has been scheduled for March 4.

Britain's former head of intelligence, MI5 head Dame Stella Rimington has claimed the Government had exploited people's fear of terrorism to restrict civil liberties. In an outspoken interview she said ministers risked handing a victory to terrorists by making people live in fear and under a police state.

The State Department Wednesday called Ecuador's expulsion of a U.S. diplomat unjustified and said the United States will respond appropriately. The expulsion was the second of its kind this month.

Scarborough Council welcomed a special international guest, Claudette Anderson-Prior, who works for the Falkland Islands' Government as Head of the Legislature Department and has spent the past few days work shadowing with the council, reports the Scarborough Evening News.

Argentina told a Roman Catholic bishop who denied the Holocaust and was reinstated to the church last month by Pope Benedict XVI to leave the country or face expulsion.

Argentine president Cristina Fernandez de Kirchner confirmed on Tuesday she received the official invitation from British Prime Minister Gordon Brown for the G-20 summit to be held in London at the beginning of April.
The United States cautiously welcomed Venezuela's Sunday referendum vote to scrap limits on how often politicians, including President Hugo Chavez, can run for office.

FALKLAND Islands Government Representative in London, Sukey Cameron, was this week elected to chair the UK Overseas Territories Association (UKOTA) for the coming year.

Venezuelan President Hugo Chavez has won the Sunday referendum to eliminate term limits, paving the way for a new re-election in 2012 - and beyond - and push through his vision of a Socialist nation