Africa/International

Mr Ban Ki Moon, UN Secretary General has observed that  Ivory Coast would face enormous challenges in restoring peace, accountability and reconciliation, after months of post-election violence. He said although President Alassane…

How much would you pay to get President George W. Bush to speak at your event? Almost immediately after leaving office, Bush withdrew from the broader bully pulpit that other former presidents, such as Jimmy Carter, have used to weigh in…

The International Monetary Fund on Friday approved a 26 billion euro ($36.8 billion) loan for Portugal to help the country recover from a debilitating sovereign debt crisis, saying it would immediately disburse 6.1 billion euros to ease…

Oil prices rose slightly to near $99 a barrel Friday in Asia as traders mulled whether the global economy will weaken this summer and undermine crude demand. Benchmark crude for June delivery was up 47 cents to $98.91 a barrel at midday…

The average rent paid by tenants in England and Wales matched a record monthly high of £692 in April, according to a survey. Rents rose by 0.8% compared with the previous month and were 4.4% higher than a year earlier, letting agency…

Dominique Strauss-Kahn has been granted bail by a judge in a New York court, after being formally charged with trying to rape a hotel maid. Mr Strauss-Kahn had earlier resigned as the International Monetary Fund's boss. His lawyers said…

The president of Tepco, which operates the crippled Fukushima nuclear power plant, has resigned as the firm reported a loss of 1.25tn yen ($15.3bn; £9.4bn) for the past financial year. Masataka Shimizu will be replaced by managing director…

The global economic climate is at its brightest since 2007, but there may be trouble ahead, according to the latest quarterly World Economic Survey by the International Chamber of Commerce (ICC) and the Munich-based Ifo Institute for…

Ugandan opposition leader Kizza Besigye has been prevented from leaving his house by police, as the new parliamentary session is set to open. The police say that they had information he had mobilised supporters and was about to commit a…

Dominique Strauss-Kahn, the embattled managing director of International Monetary Fund, has resigned, saying he wanted to devote "all his energy" to battle the sexual assault charges he faces in New York. The IMF's executive board…