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.
Many Pacific Island nations are celebrating the success of rising school enrolment rates, with 14 members of the 16-member Pacific Island Forum on target to meet Millennium Development Goal 2: achieving universal primary education by 2015.
For the small town of Kafranbel in Syria, the old saying "a pen is mightier than a sword" still rings true. Every week in Kafranbel, protesters draw posters, write banners and demonstrate against the regime of Syrian President Bashar al-Assad.
If you were forced to flee your home to survive, what would you take? What could you take? Jean Claude “Van Damme” Ndongizimana, 20, escaped from the eastern Democratic Republic of Congo with just the bag in which he kept his profits from selling milk and the clothes on his back.
Along the unpaved road between the town of Orocué and the Wisirare private reserve in the eastern Colombian department of Casanare, biologist Juliana Cárdenas asks the driver to stop the bus so she can collect a specimen of West Indian foxtail, a kind of grass growing along the road.
When 37-year-old Igor Urizar first happened upon the isolated mountain village of Penjwin, 300 kilometres northeast of Baghdad, he had a vision of this border-town -- nestled in the pristine, snow-capped mountains of Iraqi Kurdistan -- transformed into a haven for skiers.
Toiling beneath a blazing sun in the humid heat of the Amazon, Waldemar dos Santos, 60, tends the community garden he shares with other landless peasant farmers in the Brazilian state of Pará, as they wait for agrarian reform to provide them with the opportunity for a better life.
When a young Christian girl goes missing in the Egyptian port city of Alexandria, her family will call on a certain Muslim sheikh in the nearby town of El-Ameriya.
Malian widow Mariama Sow, 30, and her three children are trying to find some semblance of normalcy in their lives in Dakar, Senegal, since they left the historic city of Timbuktu in northern Mali last June to escape the Islamist occupation.
Driving into the city of Kirkuk, one is greeted by the view of a huge sea of grey concrete houses from which laundry has been hung out to dry in the wind and be blackened by smoke rising from the surrounding oil wells.
The Honduran government’s announcement of its plans to join the Extractive Industries Transparency Initiative (EITI) has raised expectations as well as doubts, particularly due to the speed with which it aims to complete a process that has taken several years in other countries of the region.
Sungu Mizele, a Congolese national living in Yambio, in South Sudan’s Western Equatoria state, earns a living selling the fruit and vegetables that she grows in her backyard, at the local town market. On average, she earns nine dollars a day. But on a good day, when she has fresh supplies, she can earn up to 31 dollars.
Venezuela’s economic challenges, more than the uncertainty over who will succeed late president Hugo Chávez, could threaten the oil diplomacy he practiced in the region.
If Herod the Great was a controversial figure of his time, 2,000 years on the controversy isn’t about his legacy; it’s about who holds the rights to excavate and preserve his artefacts.
Separating Maria Gomes Morais’ farm and a school in Rio de Janeiro are fields, hills and dirt roads that are impassable when it rains. But a school meal programme has forged a path linking the fresh produce harvested by small farmers like her with the need to provide nourishment to 45 million schoolchildren around Brazil.
There is growing resentment in Africa about the way in which South Africa professes to speak for the rest of the continent in its role as a member of key developing nation blocs, researchers and experts have warned.
A new politics of honesty – and of campaigning for honesty – is surfacing in Pakistan. Its two prominent fronts are both Pakistanis who carry also a strong foreign stamp. What many within the country find more encouraging is the strong support people are giving them.
The struggle against poverty was the late Venezuelan president Hugo Chávez's top political priority, and at the same time a tool to consolidate his power and project his strategies abroad.
Venezuelan President Hugo Chávez died Tuesday in the Military Hospital of Caracas after a long battle with cancer in his abdominal region, which was diagnosed in June 2011.
The reconstruction of the fishing village of Boyeruca, destroyed by the tsunami that swept over central-south Chile on Feb. 27, 2010, was meant to serve as a model of ecological and sustainable reconstruction.
As Mozambique tries to recover from the worst flooding here since 2000, experts have called for a national discussion on water management and how to maximise its usage in favour of long-term sustainable development.