JAKARTA, INDONESIA - A powerful earthquake triggered a tsunami that pounded villages on remote islands off western Indonesia, killing at least 23 people and leaving more than 160 others missing, witnesses and officials said Tuesday. The death toll from the 7.7-magnitude quake, which struck 13 miles beneath the ocean floor late Monday, was expected to climb with reports about damage and injuries just starting to trickle in the next day.
TEHRAN, IRAN - Iran began loading fuel into the core of its first nuclear power plant on Tuesday, moving closer to the start-up of a facility that the US once hoped to stop over fears of Tehran's nuclear ambitions.
Iranian and Russian engineers started moving nuclear fuel into the main reactor building in August but a reported leak in a storage pool delayed injection of the fuel into the reactor.
WORLD BANK - Cost of meat, sugar, rice, wheat and maize soars as World Bank predicts five years of price volatility. Rising food prices and shortages could cause instability in many countries as the cost of staple foods and vegetables reached their highest levels in two years, with scientists predicting further widespread droughts and floods.
GREECE - Greece is likely to default within three years because budget-cutting measures won't be enough to reduce the nation's sovereign debt burden, Pacific Investment Management Co Chief Executive Officer Mohamed A El-Erian said.
KABUL, AFGHANISTAN - Afghan President Hamid Karzai acknowledged on Monday that he receives millions of dollars in cash from Iran, adding that Washington gives him "bags of money" too because his office lacks funds.
AFGHANISTAN - The number of foreign troops to die this year in Afghanistan has reached 600, by far the highest annual toll in nine years of war despite tentative reconciliation efforts with the Taliban.
USA - The dollar's slump could get far worse if the dollar index takes out last year's low, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday. "If the (dollar index) takes out the low that was made roughly a year ago I really think that will not only encourage more sales, it will cause a little bit of minor panic," Griffiths said. "A year ago it was deemed too cheap, if it goes any lower than that it's actually become toxic waste."
USA - When Representative Nancy Pelosi (Democrat for California) gave her inaugural address as speaker of the House in 2007, she vowed there would be "no new deficit spending." Since that day, the national debt has increased by $5 trillion, according to the US Treasury Department.
INDIA - More than 700 new species of ancient insect have been discovered in 50-million-year-old amber. The discoveries come from some 150kg of amber produced by an ancient rainforest in India. Scientists say in the journal PNAS that many insects are related to species from far-away corners of the world.
ISRAEL - Israel on Sunday slammed critical remarks made by Middle East Catholic bishops after a meeting chaired by Pope Benedict XVI as "political attacks" on the Jewish state. "We express our disappointment that this important synod has become a forum for political attacks on Israel in the best history of Arab propaganda," Deputy Foreign Minister Danny Ayalon said in a statement.
SOUTH KOREA - A G20 agreement to give emerging market countries more power in the International Monetary Fund opens the door for breakthroughs on easing global tensions over trade imbalances. The surprise deal reached at weekend meetings of finance ministers from the Group of 20 in South Korea shifts IMF voting power to under-represented emerging countries like China, India, Brazil and Turkey.
SOUTH KOREA - German Economy Minister Rainer Bruederle on Saturday took issue with what he called a US policy of increasing liquidity, saying it indirectly manipulated exchange rates. The US Federal Reserve is widely expected to embark on a fresh round of asset purchases to prop up the economy.
UK - A growing number of gay and lesbian couples in the capital are signing up to adopt children. Government figures show that across the UK adoptions by same sex couples rose by a third, from 90 to 120, in the four years to March. About a third of these parents are from the capital, according to gay adoption and fostering agencies.
LONDON, UK - The election of Lutfur Rahman as Mayor of Tower Hamlets marks a new low for the borough. Tower Hamlets has been plagued for some time by Islamist extremists and by infighting between the Bangladeshi politicians who dominate the ruling Labour Party.
SOUTH KOREA - Finance ministers from the Group of 20 nations have promised to refrain from "competitive devaluation" of their currencies, heading off the prospect of a currency war. In a final statement after two days of heated negotiation, the G20 said it would "move towards more market-determined exchange rate systems" and that the International Monetary Fund would "deepen" its supervision of exchange rates.
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