Italy's business lobby, the equivalent of Britain's CBI, has urged quick government action and warned that the country risks being unable to meet its financial needs.
Italian President Giorgio Napolitano said on Wednesday afternoon that Italy will soon approve a financial stability law and a new government will be formed, in a dramatic attempt to calm bond markets.
Online activist movement Anonymous has declared war against corruption in the Mexico government, calling on all the global hacker community to attack government agencies in the country.
A Nigerien soldier has been killed and four wounded during clashes between Niger's army and a group of cars traveling south from Libya, the country's Defence Minister Mahamadou Karidio said
Italian broadcaster Mediaset SpA (MS.MI) owned by embattled Prime Minister Silvio Berlusconi plunged 3 per cent after Tuesday's parliamentary vote in Rome.
A day after Italian Prime Minister Silvio Berlusconi promised to resign as soon as parliament approves urgent budget reforms, Italy has awoken to political limbo.
Italian 10-year government bond interest rate breached 7 per cent on Wednesday morning, the highest since the euro was founded in 1999, according to Reuters.
Italian Prime Minister Silvio Berlusconi who pledged to resign after the approval of urgent budget reforms, has said that he will not stand in new elections planned for February.
17:47pm That's it for today. We will start live blogging again from tomorrow morning at 0900 GMT.
Even Ryanair is betting on Silvio Berlusconi's defeat after Tuesday's vote on the Italian budget that could force the 75-year old mogul to step down as prime minister.
Silvio Berlusconi's main coalition partner, Umberto Bossi of the Northern League, has called on him to resign.
With Silvio Berlusconi facing the 54th -- and possibly final -- vote of confidence of his coalition in his third term alone, many wonder how the 75-year-old media tycoon has maintained his hold over the Italian public.
Silvio Berlusconi will face on Tuesday a crucial vote on Italy's public accounts while the interest rate on Italian ten-year bond hits another high of 6.733 per cent.
Former general Otto Perez Molina has been elected president of Guatemala after pledging to tackle crime and drug-related violence that are plaguing the country.
Italian Prime Minister Silvio Berlusconi denied planning to quit on Monday. In a message update to his Facebook page, he said "the rumours of my resignation are groundless."
A UN peacekeeper has been killed in Sudan's Southern Darfur and two other have been injured near the capital of South Darfur state, the United Nations said in a statement. It came less than one month after three peacekeepers were killed in an ambush in North Darfur.
Italian Prime Minister Silvio Berlusconi denied media reports that he could resign within hours.
Italian Interior Minister Roberto Maroni declared Sunday that Prime Minister Silvio Berlusconi's centre-right coalition "has no majority in Parliament" as the government faces a key confidence vote Tuesday on emergency economic measures.
Venezuelan-born militant Ilich Ramirez Sanchez - dubbed "Carlos the Jackal"- will go on trial in Paris on Monday charged with terrorism. The self-styled Cold War revolutionary is accused of terrorist bombings in France in 1982 and 1983 that killed 11 and injured more than 100 people.
Varying reports on Friday's death toll from Syria have sparked international criticism as the fragile Arab League roadmap to solve the crisis in the country is already under serious threat.
A member of the online activist movement Anonymous who was kidnapped last month in Mexico by a ruthless drug cartel has been released, a spokesman for the organisation said.
IMF is monitoring Italy over its long delayed plan of reforms of pensions, labour markets and privatisation, EU Commission President Josè Manuel Barroso said on Friday. Under pressure from financial markets and European peers, Prime Minister Silvio Berlusconi agreed to allow International Monetary Fund to oversight the country's progress to overhaul its debt crisis.
A British man allegedly pushed a Ukrainian hooker from a hotel's window in Dubai in an attack could leave her disabled.
The death toll among Syrian civilians after Thursday's clampdown of the security forces against anti-government protesters has risen up to 20 civilians, according to London-based Syrian Observatory for Human Rights
Los Angeles jurors are expected on Friday to begin deliberating case against Conrad Murray, Michael Jackson's personal physician who is charged of involuntary manslaughter.
One of Belarus' most prominent human right activists has been put on trial in Minsk under charge of tax evasion, the Belarusian Association of Journalists has learned.
Chris and Mary Gorman have been arrested after being caught by police in an alleged sex act with another man in a nightclub toilet in Florida
Russian Prime Minister Vladimir Putin has been labeled as a wife-beater and philanderer by German's spy agency BND, according to secret files discovered by Erich Schmidt-Eenboom, expert and author of several books on the organisation.
Russian arms dealer Viktor Bout has been convicted of selling heavy weaponry to terrorists by a U.S. jury in New York on Wednesday. Bout, a former Soviet officer who inspired 2005 movie "Lord of War" starring Nicholas Cage, was found guilty of trading arms to people he believed were Colombian rebels on the verge of attacking American soldiers.