Friday, September 3, 2010 | Last Update: 5:53 PM BST

World Briefing

Pakistan boosts security after Lahore bombs

Men run as angry protesters burn a vehicle during reaction over after bomb attack during a Shi'ite Muslim procession in Lahore

Pakistan tightened security in the eastern city of Lahore on Wednesday after three bomb attacks.

Obama brings Mideast leaders together for peace push

U.S. President Obama walks in with Egypt's President Mubarak, Israeli PM Netanyahu and Palestinian President Abbas in the White House

Barack Obama urged Israeli and Palestinian leaders not to let the chance for peace slip away.

Stronger Hurricane Earl nears U.S. East Coast

People fish at Rodanthe Pier on Cape Hatteras

Looming Hurricane Earl strengthened and churned up dangerous swells on Wednesday.

Police end hostage drama at U.S. Discovery Channel

A police vehicle keeps a roadblock near the Discovery Channel headquarters building in Silver Spring

Police shot a gunman who had taken three people hostage at Discovery Channel's headquarters.

Fix political impasse before you go, Iraqis tell U.S.

A policeman on a vehicle mans a machine gun at a checkpoint in Baghdad

Barack Obama is pushing Iraq's democracy out of the nest before it can fly and abandoning Iraqis while they are still at war.

Japan PM Kan, rival Ozawa clash over fiscal policy

Japanese Prime Minister Naoto Kan and his supporters raise their fists at a meeting in Tokyo

Prime Minister Naoto Kan and rival Ichiro Ozawa clashed over fiscal priorities.

Blair says did not foresee Iraq "nightmare"

Copies of the political memoirs of Britain's former Prime Minister Tony Blair, "A Journey", are displayed in a bookshop in London

Tony Blair said on Wednesday he could have not have imagined what he called the "nightmare" that unfolded in Iraq.

Pakistan economy to suffer prolonged flood damage

A mother holds her child suffering from diarrhoea at an overcrowded private clinic offering free support for flood victims in Sukkur

Floods have ravaged Pakistan's economy, the prime minister said on Wednesday.

In Depth

A lone man traces over a name on the Vietnam Veterans Memorial, as a large crowd walks past in Washington, DC, May 25, 2003.

Agent Orange’s dire legacy

Analysis

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Home prices in UK confirm downward trend

The real-estate analysis firm Rightmove registered a price drop in newly marketed property in England and Wales down by over 1.7 percent in August as a result of growing over-supply.

Volatility and fear plunge, but equity markets remain relatively stable

The VIX, the CBOE Volatility Index, (also known as the “fear gauge”) has been reduced roughly in half since late May – however, the major equity indices have eked out only small gains over that period.

Science, controversy and the politics of climate change

While scientists mostly agree that warming of the climate system is happening and political leaders have long-term commitments to try to reduce it, a debate still rages as to what to do in the near and medium term.

Opinions

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James Bacchus

Russian export ban mirrors old error

Protecting your company with public liability insurance

Theo Frei

Smart Grid comes costly for households in Germany

View all columnists »

Trichet President of the European Central Bank ECB listens during his monthly news conference at the ECB headquarters in Frankfurt

Johannes Eisele / Reuters

ECB keeps interest rate at record low, but upgrades 2010 GDP forecast

The European Central Bank (ECB) held interest rates at a record low of 1.00 percent, as expected, and also extended its liquidity measures through the end of 2010 in response to an uneven recovery in the euro zone as well as continuing fears about the viability of some banks.

Interview: Robert Prechter on mass psychology in the financial markets

Robert Prechter speaks to IBTimes about mass psychology in the financial markets and specifically about the Greek sovereign debt crisis.

Foreign Secretary Hague and Finnish Foreign Minister Stubb attend a news conference in Helsinki

William Hague affair shows we need a more mature politics

The latest non-revelations about William Hague are a sad indictment of the level to which our politics has sunk and will hopefully mark the end of the August "silly season", if not a maturing of our political discourse.

New oil rig explosion in Gulf of Mexico five months after BP disaster

An oil platform in the Gulf of Mexico has suffered an explosion just five months after an explosion at BP's Deepwater Horizon rig led to a massive oil spill which cost the company billions of dollars and its CEO.

A meal at a Burger King restaurant in Virginia

Burger King sold to buyout firm 3G Capital for $4 bln

World's No.2 fast-food chain Burger King Holdings Inc. said, Thursday, it has agreed to be acquired by buyout firm 3G Capital in a deal valued $4 billion including debt.

A woman walks along a residential street in Bristol in south-west England.

U.K. house prices drop again in August

House prices in the United Kingdom dropped 0.9 percent in August from July -- the largest decline in six months – as a greater supply of properties provided purchasers with more bargaining power, according to the Nationwide Building Society.

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