Twenty years after the 1992 Earth Summit, world leaders are returning to Rio de Janeiro to negotiate further progress toward sustainable development. However, the potential for this year?s Rio+20 Summit to have a similar impact is less likely.
?The new government in Greece must fulfill their commitments quickly,? says German Chancellor Angela Merkel.
The BRICS are expected to release data Monday on their contributions to the International Monetary Fund/European bailout package at the G-20 Summit in Mexico.
Commodity prices posted a brief rally on Monday after a pro-austerity party got the most votes in Greece's weekend elections, but the market's upswing fizzled almost as soon as it began, confounding traders who might have expected developments to lift risky assets for at least a few of sessions.
On Monday, June 18, 2012, ex-Beatle Paul McCartney celebrates his 70th birthday. And as the distinguished musician enters another chapter in his life, he shows no signs of slowing down.
President Barack Obama's announcement of a new policy that could prevent hundreds of thousands of deportations coincided with a rise in the percentage of Americans who see immigration in a positive light.
The Socialists and their cohorts now control 315 seats in the 577-seat Assembly -- marking the first time in 30 years that Socialists have enjoyed such dominance in the French government.
Asian markets rose Monday as investors were relieved after the pro-bailout parties won Sunday's elections in Greece.
Crude oil futures gained Monday after pro-bailout parties won a slim majority in Greece's general election over the weekend.
Japan's Nikkei 225 Stock Average rose Monday as investor concerns were eased following the Greek election in which pro-bailout parties won the majority.
The pro-bailout New Democracy Party and the anti-bailout far-left Syriza party are expected to finish in a dead heat.
Asian stock markets advanced for the second straight week on expectations that major central banks in the world would act to tackle deteriorating global economic conditions.
With French President Francois Hollande's Socialist Party appearing likely to cement its hold on the country's government in elections on Sunday, the Journal du Dimanche has reported that France wants the European Union to agree on growth-boosting measures worth ?120 billion ($151 billion) this year.
President Barack Obama's announcement Friday of a new policy intended to protect thousands of young immigrants from deportation could reshape the dynamics of the 20012 presidential race.
Markets are fretting over the outcome of Sunday's Greek vote -- with the anti-bailout Syriza party polling neck and neck with rival New Democracy -- and policymakers seem spellbound by the prospect of a breakup of the euro zone.
Wal-Mart was accused Thursday of breaching food safety standards in China by selling sesame oil containing excessive amounts of benzopyrene and squid containing hazardous levels of cadmium, both chemicals classified as carcinogenic.
The major powers' central banks have prepared measures to head off disaster in the financial markets after Sunday's Greek election by providing liquidity and preventing a credit squeeze, G20 officials say.
A federal jury in New Orleans rejected Thursday claims that Kevin Costner and his business partner swindled Stephen Baldwin and a friend out of millions of dollars from a BP contract for oil cleanup devices after the 2010 Gulf of Mexico spill.
Journalist Víctor Manuel Baez Chino has been killed in the Mexican state of Veracruz.
The black plague may be a rare disease in the U.S associated with low-income regions, but in the last three decades it has started to surface in more affluent areas, a new study has found.
As the euro zone lurches from crisis to crisis, the spotlight is set to fall on Chancellor Angela Merkel as world leaders look to Germany to take a lead.
American travelers headed to Mexico should be forewarned of possible violent retaliation for this week?s arrest of seven alleged Zetas drug cartel members, according to a new travel warning issued by the U.S. State Department.