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.
Scuffles broke out in central Tehran in the first sign of unrest over Iran's plunging currency, which has lost more than half its value since last week in a crisis Washington said is of its own making.
Kazakhstan’s initiative to summon the anti-crisis conference in Astana in 2013 and invite the UN to take part is on the agenda: Kazakhstan's representative in UN.
French President Francois Hollande on Tuesday urged the global community to help defuse a crisis in Mali by giving UN backing to a West African-led military intervention.
Spanish riot police fired rubber bullets and baton-charged protesters Tuesday as thousands rallied near parliament in Madrid in anger at the economic crisis, in clashes that left more than 60 people injured.
US Secretary of State Hillary Clinton met Pakistani President Asif Ali Zardari on Monday as the two nations inch towards repairing vital ties severely damaged by a series of crises.
Belarus was bailed out of last year's dire economic crisis by its giant neighbour Russia but as the ex-Soviet state heads to parliamentary polls the economy is once again flirting with disaster.
Mitt Romney paid tribute Thursday to four American diplomats killed in Libya, insisting that US power was vital in the Middle East, but he halted his criticism of President Barack Obama's handling of the crisis.
President Barack Obama called Benjamin Netanyahu Tuesday after he provoked a sudden crisis in relations by warning Washington had no moral right to stop Israel attacking Iran's nuclear program.
Germany's top court will hand down a momentous ruling on a new European crisis firewall Wednesday, in a decision with far-reaching implications for the future of the euro.
EU foreign ministers gather in Cyprus some 100 kilometres from the Syrian coast Friday to explore how to best assist its opposition while defusing a humanitarian crisis looming in Europe's backyard.
For all the glamorous seaside partying at the Venice film festival, there is a distinct air of austerity at this year's edition for an industry that is questioning its economic future.
Greece's prime minister was expected to press for more time to make key reforms and spending cuts to keep his debt-wracked country in the eurozone at crisis talks Friday with Chancellor Angela Merkel.
Germany on Monday dampened hopes for powerful action from the European Central Bank to fix the euro crisis and slapped down speculation of an immediate breakthrough on debt-wracked Greece.
Belarus strongman leader Alexander Lukashenko on Monday fired his foreign minister as part of a sweeping reshuffle that follows a diplomatic crisis in ties with Sweden after a pro-democracy stunt.
Standard & Poor's cut Greece's debt rating outlook to negative Tuesday, saying the worsening economy and political challenges could soon force another downgrade.
Eight years after hosting the Olympic Games in the country where they were born, Greeks seem more interested in finding out if there will be light at the end of their dismal economic tunnel.
As Europe battles its never-ending debt crisis, Turkey, with its flourishing economy, is increasingly attracting the attention of German companies, as well as German-born Turks in search of a job.