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Honduras fears new crisis over Supreme Court row The Honduran Congress fired four Supreme Court justices on Wednesday, raising fears of a new political crisis three years after a coup.

13 December 2012

World leaders face big challenges in 2013 Barack Obama is back and China has a new leader in Xi Jinping, but world leaders face heavyweight issues in the coming year, from lingering economic crises to bloody tumult in the Middle East.

13 December 2012

US seen as 'first among equals' in 2030: intel report The United States will likely be the "first among equals" rather than a lone superpower by 2030, in an increasingly chaotic world where China is the top economy.

12 December 2012

World powers watching closely Iran-IAEA talks World powers keen to re-start diplomatic efforts to resolve he Iranian nuclear crisis will be closely watching a UN atomic agency trip to Tehran on Thursday for any indications of a change in mood.

12 December 2012

Obama to Republicans: raise taxes on rich or no deal US President Barack Obama warned Republicans Tuesday there would be no deal on averting a potentially disastrous fiscal crisis without them caving in to his demand to raise tax rates on the rich.

05 December 2012

Immigrants in OECD nations hit by economic crisis: report Immigrants in OECD nations have been badly hit by the economic crisis especially in vulnerable states such as Ireland, Spain and Italy.

04 December 2012

Russia's Putin to meet Turkey's Erdogan for Syria talks Russian President Vladimir Putin will meet with Turkish Prime Minister Recep Tayyip Erdogan during a landmark visit to Istanbul on Monday to discuss their differences over the crisis in Syria.

03 December 2012

Clinton urges Europe to do more on economy US Secretary of State Hillary Clinton urged Europe Thursday to resolve the eurocrisis and seek ways to promote growth and jobs as she praised America's "revitalized relationship" with the region.

01 December 2012

Egypt's leader under pressure as protesters decry power grab Tens of thousands have packed Tahrir Square to protest a power grab by Mohamed Morsi, piling pressure on Egypt's Islamist president as he faces his most divisive crisis since taking power in June.

28 November 2012

UN chief urges Israel to avoid 'new cycle of bloodshed' UN leader Ban Ki-moon urged Israeli Prime Minister Benjamin Netanyahu to ease tensions with Gaza militants Wednesday and also discussed the crisis with Egypt's president.

15 November 2012

ECB's not set to fire 'bazooka' yet The European Central Bank is unlikely to fire the new anti-crisis "bazooka" it unveiled two months ago, and will keep its gunpowder dry on interest rates as well at its meeting on Thursday.

08 November 2012

Tens of thousands lose housing in US superstorm Tens of thousands of people whose homes were destroyed or damaged by superstorm Sandy faced a new crisis in New York on Sunday as temperatures plunged, raising the specter of people freezing to death.

05 November 2012

Crisis-hit Europe 'still economic power': France Top European leaders jetting into Laos for a major summit are on a mission to reassure Asia that their crisis-hit region is "still an economic power".

05 November 2012

Fiscal policy should be 'growth friendly': IMF body The world economy needs to balance austerity with growth if it is to recover fully from the global financial crisis, a key IMF committee said in Tokyo on Saturday.

13 October 2012

'Wartime' debt threat to global economy: Lagarde Public debt in developed countries standing at "wartime levels" is the biggest threat to the global economy, IMF chief Christine Lagarde warned in Tokyo on Friday.

12 October 2012

Unemployment 30 mn higher than before crisis: ILO There are now 30 million more people without jobs around the world than before the global financial crisis began, the head of the International Labour Organization said.

12 October 2012

Spain, France vow action on eurozone crisis The leaders of France and Spain vowed concerted action on the eurozone as they met on Wednesday amid IMF calls for new measures to control the debt crisis threatening the global economy.

12 October 2012

Three-quarters of African countries face food insecurity: report Three-quarters of African countries and several "Arab Spring" nations are at high or extreme risk of a food crisis, according to an analysis published on Wednesday.

11 October 2012

Merkel's Athens visit chance to ease tension German Chancellor Angela Merkel's visit Tuesday to debt-strapped Greece may provide a chance to ease tensions born of the economic crisis.

10 October 2012

IMF cuts global forecast, says risks rising The IMF slashed its global growth forecast and warned things could get much worse if the eurozone crisis is not quelled and Washington fails to reverse the looming "fiscal cliff" austerity plan.

10 October 2012

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