World News Brief, Thursday July 28

US dollar and Euro markets fall as debt ceiling debate stalls; Wall St suspects US downgrade even if agreement reached (+ analysis); Australian inflation on the rise; Bueraucratic delays to Somalia flights; Breivik on suicide watch; Suicide bombing kills Kandahar mayor; and more

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World News Brief, Wednesday July 27

No solution yet for US debt--Obama and Boehner both seek support from American people via TV addresses; US will default on loans if compromise not reached by Aug 2; territorial feud between China and Philippines heats up; Britain and France come to agreement on Qaddafi; US military funds meant for transportation contract diverted to Taliban; and more

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World News Brief, Tuesday July 26

Police across Europe investigate far-right threats after Norway massacre; Breivik calls for new revoltuion against Muslim "animals" and pleads not guilty; Analysis of US blogs that influenced Breivik; Moody's downgrades Greece declaring default "virtually 100%" certain; US debt debate drives down Asian markets; North Korean diplomat to visit US; and more

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TVNZ kills ad-free channels to grow profits

Official papers show Television New Zealand won $79 million in government funding for its advertising-free channels TVNZ 6 and TVNZ 7, by claiming they would be self-funding by 2012. Now they are closing the new channels down to enhance profits.

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World News Brief, Friday July 22

France and Germany have agreed to a bailout plan for debt-struck Greece; Moody's have downgraded Irish and Portuguese debt to "junk" status; China and Philippines in territorial dispute; Japan posts unexpected trade surplus as exports to China and Europe return to normal levels; famine spreads to Southern Somalia; Obama open to temporary debt rise if congressional leaders commit to significant debt-reduction plan; and more

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World News Brief, Thursday July 21

Obama endorses bi-partisan plan to cut debt and raise revenues, but will it pass the House? UN declares famine in Somalia, asks what's going on in Eritrea; Cameron faces 130 questions in parliament; Chinese security forces shoot 14 protesters, killing four; Pakistans spends US$4 million lobbying US lawmakers; and more

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World News Brief, Wednesday July 20

Congressional leaders push ahead with US debt-cutting plans; August 2 is deadline that could see US default on debt obligations; Muslim activists attacked police station in Chinese province of Xinjiang; US holds talks with Qaddafi reps--says Libyan leader must step down; Clinton pledges to press Pakistan to give up on terrorism measures against India; Rupert and James Murdoch appear before Parliament; and more

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World News Brief, Tuesday July 19

In Britain, phone-hacking scandal focuses on police corruption and Cameron, while threat grows in the US (+ analysis); Surprise result in Euro bank stress tests; 1,000 Syrian troops with tanks surround rebel town; Yemeni al-Qaeda reaching into Somalia; UN tells Thailand and Cambodia to pull their heads in; and more

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World News Brief, Friday July 15

Credit ratings agencies threaten to downgrade US from AAA status; Republicans clash with Obama and each other over debt ceiling (+ analysis); China overtaking US as superpower; Italy plans US$67 billion in cuts to calm debt worries; At least 21 killed in more Mumbai bombings; Singapore's economy shrinks; and more

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