BBC News with Marion Marshall
The International Monetary Fund said it had to raise hundreds of billions of dollarsso it can give out new loans to countries in urgent need of financial support.The IMF said it was restoring options for raising extra money.From Brussel, Chris Morris reports.
The IMF estimates it needs about $500,000,000 for additional funding to try to ensure the instability swirling around the Europe Zonedoesn't create further problems for the global economy.Countries which use the euro have pinned hopes for some timeon the build-up in IMF resources.They wanted to help create much larger financial firewall to prevent the Europe Zone debt crisis engulfing large economies,such as Italy and Spain. EU countries, not including Britain,have already agreed tocontribute about $200,000,000 tothe IMF.But that leaves a considerable gap to be filled.
A protest by leading internet sites has prompted senior members of US congressto withdraw their support for proposed laws against online piracy.Wikipedia, the online encyclopedia, argues that proposals which damage the internet freedom had closed its English -language pages for 24 hours in protest.From Washington, Jonny Dymond reports.
US legislators sought to curb the distribution of piratedand counterfeit productsby giving the courts the power toforce search engines to delist pirate's sites.But in the Senate, the bill that looked close to passage,now appears to be in trouble. Florida senator, Marco Rubio, a rising star in Republican party and one of the bill's sponsors, has withdrawn his support. Taxassenator John Puenhas also indicated concerns.And the House of Representatives, the speaker John Boehnerhas said that there's now a lack of consensus about the proposed law.
The British prime minister David Cameron has accused Argentina of colonialism over the Falkland islands. The two countries fought a war in 1982 over the British territory in the south Atlantic, which Argentina calls the Malvinas.Our political correspondentJames Landale reports from Westminster.
Almost thirty years on for the Falkland's conflict, tensions are once again rising in the south Atlantic. British Energy Company is discovering oil on the islands.Argentina has persuaded its neighbouring countries to close their ports to ships flying the Falkland's flag and the rhetoric at Buenos Airesis heating up.So today David Cameron pushed back, sending what he called a clear massage.
"The key point is we support the Falkland Islanders' right to self-determination, and what the Argentinians have been saying recently, I would argue is actually far more like colonialism because these people want to remain British and the Argentinians want them to do something else."
Argentina's interior minister Florencio Randazzo describes Mr.Cameron's remarks as totally offensive.
World News from the BBC.
President Obama has rejected the proposal by Canadian company to build a huge oil pipeline from Canada to Taxas.He is blaming his Republican opponents in Congress,saying they set an arbitrary deadline for the decision and didn't allow the government enough time to check the safety of the project, known as the keystone XL pipeline.
Nigerian police are facing criticism after the escape of the main suspect to the bombing of the church on Christmas day.A spokeman for the governor of the Borno state told the BBC he was mystified over how the suspect managed to escape while being escorted by the police. Mark Doyle reports from Nigeria.
The escape of the key suspect in the Christmas bombings is deeply embarrasing for the Nigerian police who have been accused for incompetence. But the whole of air is also worrying for the government to another deeper level. Nigeria, Africa's most populous nation, is ruptly split between its Christian South and Muslin North. This suspect, an Islamic militant from Boko Haram sect, was arrested last weekend while he was staying in a government guest housein the capital Abuja.There has long been suspicions that Boko Haramhad infiltrated parts of establishment here and some politicians from the Muslin Northhave secret contacts with the sect.
The Mexican army says it's rescued three children who were being held by a criminal gang. Officials said the children had been chained and locked up in a private home in the central city of Temixco.Inside the apartment,soldiers also found the decapitated body of a man,whose head had been dumped nearby on Tuesday. Ten men and three women were arrested.
The Italian government says it is a serious risk that rock seeds could cause the capsized cruise ship Costa Concordia to sink completely.The vessel is resting on the undersea ledgeoff the island of Giglio. Rescuers have suspended the search of the ship after it shifted sidely.Italy's environment minister told parliamentsavage teams had only a few days to siphon off the ship's fuel.
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