Japan unveiled a fresh $81 billion stimulus package Tuesday, as a rising yen hurts exports and domestic demand remains low.
The Tungurahua volcano spews ash and rocks during an eruption in Banos, Ecuador, in June 2010. Tungurahua has been classed as active since 1999 and had a strong eruption in 2008. It is one of eight active volcanoes in the country.
The Greek-owned Maran Centaurus was seized Sunday more than 800 miles east of Mogadishu fully loaded with an estimated 2 million barrels of oil heading for New Orleans from Jeddah, Saudi Arabia.
Security forces investigating the Philippines massacre earlier this week have identified Andal Ampatuan Jr., a close ally to President Gloria Macapagal Arroyo, as a suspect.
The Philippines massacre of 46 people on Monday prompts President Gloria Arroyo to declare a state of emergency in the affected province. Is she ready to take on her country's culture of political violence?
The Philippines massacre of 46 people on Monday on Mindanao appears to have been politically motivated, with fingers pointing to a powerful local clan.
Philippines political violence claims 35 lives on the southern island of Mindanao. An adviser to President Gloria Arroyo calls it a "massacre... unequaled in recent history."
Irish priest Father Michael Sinnott, who had been kidnapped by militants in the Philippines, was released Wednesday night to the Moro Islamic Liberation Front (MILF), which handed him to the Filipino government as a goodwill gesture.