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The head of the International Monetary Fund appeared to be making headway Saturday in her drive to boost the institution's financial firepower so that it can help Europe prevent its crippling debt crisis from further damaging the global economy.
Europe's financial chiefs tried Friday to soothe the fears of global chief executives and other political leaders, insisting they have a handle on the eurozone's troubles.
A Chinese-Mexican businessman arrested after police found a $205 million stash of cash in his Mexico City mansion has told U.S. prosecutors he sold tons of a chemical used to make methamphetamine on the black market, a top Mexican official told The Associated Press.
Eloy O. Aguilar, an award-winning Associated Press bureau chief who mentored a generation of journalists in Mexico and Central America as he covered civil wars, disasters and political upheaval, collapsed and died Friday. He was 72.
Raul Castro says Barack Obama seems like a good guy, and his brother Fidel says no one can doubt his sincerity. The new U.S. president wants to sit down and negotiate, and is in a better position to do so than any other since Eisenhower.
For Miladis Bouza, the global food crisis arrived two decades ago. Now, her efforts to climb out of it could serve as a model for people around the world struggling to feed their families.
President Nestor Kirchner and his wife are poised to launch a new political dynasty Sunday in an election that promises to replace him with her.
Most polls project first lady Cristina Fernandez de Kirchner will crush 13 rivals Sunday to replace her husband as Argentina's president. But no matter how easy her win, what follows will be tough: easing poverty, inflation and unemployment.
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