European shares have crashed with London shares closing at their lowest level since May 1995. Paris stocks plummeted to levels a little over one third what they were at their September 2000 peak.
Turkey's ruling party leader Recep Tayyip Erdogan has been named as Prime Minister, days after winning a by-election - clearing the way for a fresh vote on US troop deployment. The president asked him to form a government after the resignation of Abdullah
The Oscars ceremony will go ahead whether or not war in Iraq has broken out but it will reflect the world situation, organisers have said. Producer Gil Gates was speaking as Oscar nominees gathered at a celebration lunch marking the two-week countdown to
Marathon peace talks to pave the way for the reunification of Cyprus have collapsed, heralding the end of the UN's peace mission there. UN Secretary General Kofi Annan held talks late into Monday night in a final attempt to reach a deal ahead of a UN dead
Romania has expelled five Iraqi diplomats for conducting activities "incompatible" with their status the Foreign Ministry has said. A statement from the ministry said that the presence of the diplomats had become "undesirable".
The Palestinian parliament has voted overwhelmingly to create a new post of prime minister, in what is seen as a significant reform move. The Palestinian leader, Yasser Arafat, finally agreed last month to loosen his grip on power after persistent interna
North Korea has test-fired a missile into the sea off its coast, the South Korean defence ministry has said. It was Pyongyang's second missile test in the past two weeks, following a launch on 24 February as South Korea was inaugurating its new president,
Over 17 people died and 13 more were injured upon the collision of a van and a bus in the Indian state of Tamil Nadu. Witnesses said the van swerved erratically while travelling at high speed on a motorway, crashing into the bus.
Hamas, militant Islamic group, threatened to target Jewish politicians, after Ibrahim al-Maqadma, one of its military leaders and founders, was killed in an Israeli missile attack. In an interview with Qatar-based al-Jazeera TV, Hamas official Abdel Aziz
Washington says North Korea has declared a maritime exclusion zone off its coast in the Sea of Japan in a move which may indicate an imminent missile test. Pyongyang issued the warning for the 8-11 March to cover virtually the same area in which an anti-s
The former Prime Minister of the Czech Republic, Vaclav Klaus, has been inaugurated as the country's new president. Mr Klaus, 61, succeeds his long-time rival, Vaclav Havel, the man who led the country for 13 years after the fall of Communism.
The search for Osama Bin Laden is focusing on areas bordering Pakistan and Afghanistan, according to US officials quoted by American media. Pakistani special forces are reported to have poured into the area bordering Afghanistan following fresh leads obta
US, Cuba Move to Normalize Ties
Bulgaria's Child Mortality Rate Is 2 Times Higher Than EU's