World News

The United States has announced details of a new plan to buy up to US$1 trillion worth of toxic assets to help repair banks\' balance sheets.

The African Union has suspended Madagascar after the army forced out the president and installed the opposition leader in his place.

The Premier of the British Virgin Islands is expressing confidence that the territory\'s regulatory system will withstand scrutiny in the wake of the visit of the head of the UK independent review of British offshore financial centres.

Prosecutors are seeking the death penalty for an Alabama man who has been convicted of murdering his four children.

The US government said it will sign a United Nations declaration calling for the worldwide decriminalisation of homosexuality.

The Austrian man accused of imprisoning his daughter and fathering her seven children is to be sentenced today.

The boss of US insurer AIG has called the bonuses paid to executives distasteful and said he asked some recipients to return at least half the funds.

The chief executive of US insurance giant, AIG has admitted that fundamental mistakes were made at the company.

Pope Benedict the sixteenth has refused to soften the Vatican\'s stance on the banning of condom use.

Mexico will be imposing higher tariffs on a range of goods out of the United States in retaliation to a protectionist law passed in the US.

Eight people are now dead following a bomb attack at a bus depot on the outskirts of the Pakistani city of Rawalpindi.