News from the BBC

IMF in global 'meltdown' warning

The world financial system is facing "meltdown", the International Monetary Fund warns, as it offers emergency funds to credit-starved countries.

'Progress made' in Iceland talks

Significant progress has been made over frozen UK cash in failed Icelandic banks, say Treasury and Icelandic officials.

N Korea taken off US terror list

The US removes North Korea from its state terror list after the North agrees to nuclear inspection demands, the US says.

Mugabe 'gives Zanu-PF key posts'

Zimbabwean President Robert Mugabe gives key ministries to his own party - in defiance of a power-sharing deal, reports say.

Palin abused power, probe finds

John McCain's running mate Sarah Palin abused her power as Alaska's governor for personal ends, a report concludes.