Libyan rebels take control of oil refinery outside city of Zawiyah--they are now just 30 miles from Tripoli; Joe Biden begins visit to China to strengthen economic relations; Japan records trade surplus for second month in a row; UK pledges another $48 million to Somali famine relief; protesters in Madrid take to streets to demonstrate against Pope's US$72 million taxpayer-funded visit; and more
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World News Brief, Wednesday August 10
Dow Jones takes steepest dive since Dec 2008; gold now a record US$1770 an ounce; experts fear policymakers do not have the financial or political clout to combat a second global recession; Chinese inflation at 6.5 per cent; US wants talks with North Korea to decide how to search for US soldiers killed there during the Korean War; 16,000 police will be on London streets to combat riots, says Cameron; US pledges $105 million for famine relief in Horn of Africa; and more
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