Africa/International

China's government called Saturday for higher social spending, controls on inflation and measures to urgently close a divisive rich-poor gap, betting that rising living standards and better services will dampen growing public expectations…

The Bank of England governor has warned of another banking crisis unless important reforms take place in the financial sector. In an interview with The Daily Telegraph, Mervyn King said the problem of banks being "too big to fail" had…

The missing piece of the U.S. economic recovery - job creation - is finally falling into place. Employers added 192,000 jobs in February, the Labor Department said Friday, and the unemployment rate edged down to 8.9 percent from 9 percent,…

About 700 Ghanaians fleeing the political upheaval in Libya have massed up at Salloum on the Libya-Egypt border waiting to be processed by a special Evacuation Liaison Team (ELT) sent by the government to facilitate the repatriation of…

Spot gold held steady on Friday, consolidating after falling more than 1 percent in the previous session, as investors await a key U.S. job market report to assess the health of the world's top economy. U.S. nonfarm payrolls data, due at…

Citizens of oil producing nations must see more benefit from their country's national resources, billionaire investor George Soros has told the BBC Revolts in Libya were partly the result of "revulsion against a corruption" fed by the…

US Treasury Secretary Timothy Geithner has said that China is taking steps to rebalance its trade policy, though more needs to be done. The US has been one of the fiercest critics of China's trade policy. It has accused China of keeping…

A new edition of one the most popular English-language Bibles will offer substitutes for words such as "booty" and "holocaust" to better reflect modern understanding, a Catholic group said on Wednesday. Nearly 50 scholars from all faiths…

An increasing number of universities could be at risk of going bust as a result of funding cuts and higher tuition fees, a new study concludes. A report by the National Audit Office (NAO) calls for fresh guidelines on financial regulation…

An independent investigation into the London School of Economics' (LSE) links with Libya has been ordered after the university's director resigned over the controversy. Sir Howard Davies said the university's reputation had suffered…