When Argentina defaulted on its national debt in 2001, U.S. hedge funds swooped in to buy the nation's bonds at pennies on the dollar, confident they would eventually prevail in the U.S. legal system and force the country to pay out in full.
Pope Francis' first overseas trip, to Brazil, the country with the largest number of Catholics in the world, was marked with setbacks, disorganisation and lack of infrastructure for an event that brought half a million pilgrims to the city of Rio de Janeiro.
People in a farming town in central Colombia voted overwhelmingly against global corporation AngloGold Ashanti’s La Colosa gold mine.
As Caribbean countries prepare to observe Emancipation Day on Aug. 1, they are also caught up in an ongoing debate over reparations for slavery.
Two Congressional Democrats have co-sponsored new legislation called the Save America’s Pollinators Act of 2013 to take emergency action to save the remaining bees in the U.S., and in turn, the U.S. food supply.
Puzzled by the immigration debate in the United States? Remember the Maginot Line.
The National Coalition of the Syrian Revolution and Opposition Forces informally met Friday with U.N. delegates and members of the Security Council to discuss changes on the ground and political transition in the country.
“Will they come to life, or are they only going to be destined to live on paper?” asked U.S. Secretary of State John Kerry during a meeting of the U.N. Security Council last week. He was referring to resolution 2098 on Peace, Security and Cooperation (PSC) relating to the multi-level Peace framework adopted by the U.N. in March 2013.
Tourism, agriculture, fishing, the water supply – climate change threatens the very foundations of society and the economy in Mauritius. As the Indian Ocean island nation develops its adaptation strategies, it is working to ground the next generation of citizens firmly in principles of sustainable development.
For more than six weeks now, Bulgarians have been on the streets demanding an end to oligarchy and corruption.
With Westerners now leery of investing in Kyrgyzstan, it is perhaps inevitable that officials in Bishkek turn to China as they try to attract capital for infrastructure development.
In the second half of June, law enforcement in Chişinău, Moldova’s capital city, received an email from a parent telling them their child had been kidnapped.
"You live there for free, don't you?" asked a woman as she passed by the Buenaventura "corrala", a community in a building in this southern Spanish city occupied since February by families evicted from their homes for falling behind in their mortgage payments due to unemployment.
Two heavy metal bands, the Israeli-Arab Khalas (‘enough,’ in Arabic) and the Orphaned Land, a Jewish band, performed simultaneously this week under the roof of Club Hangar 13 in the refurbished port of Tel Aviv. The bands are slated to play together this fall in a series of 18 gigs across Europe.
As Cambodia readies for general elections Sunday Jul. 28, the youth, who make up 36 percent of the country have signaled they are eager for ‘change.’
In the face of global climate change and currency devaluation, improved strategies are being used to combat high international poverty and malnutrition rates, and to increase global food security.
An increasing number of Mali’s political groups have warned of widespread fraud ahead of the presidential election on Sunday Jul. 28.
Over a month after flash floods in the Himalayan state of Uttarakhand in north India left 1,000 dead and 6,000 missing, the government has yet to release a full agricultural impact assessment, sparking fears about the extent of damage to the region’s farmland.
Staunch opposition by the U.S. delegation and, to one extent or another, by European countries has blocked the approval this year of a draft multilateral declaration on the rights of peasants and other people working in rural areas, which is backed by the developing world.
Party allegiances apparently mean little in the U.S. when it comes to the debate over domestic government surveillance.
“Who do I call if I want to call Europe?” This famous question attributed to former U.S. secretary of state Henry Kissinger has an obvious answer today: Angela Merkel, the conservative German chancellor.