Spain's banking system will have to be bailed out in the coming months, with lenders jettisoning overseas assets to survive, according to one of Europe's leading fund managers.

If Greece leaves euro its fate will increase support for austerity elsewhere in Europe

A new national memorial to the 255 British soldiers, sailors and airmen killed during the Falklands War was officially unveiled today in the presence of relatives of some of those who lost their lives.

Spaniards angered by increasingly grim economic prospects and unemployment hitting one out of every four citizens turned out in droves in the nation's largest cities.

News Corporation has reported a strong rise in quarterly profits despite continuing legal charges over the phone-hacking scandal.

An Argentinian television advert showing an Olympic hopeful training on a British war memorial in the Falklands has been branded a "stunt" by William Hague.

Brazil forward Neymar scored a hat-trick to lead Santos in a 3-1 win over Sao Paulo while former Brazil and Real Madrid coach Vanderlei Luxemburgo was sent off following a row with a ball boy in Gremio's match.

Team GB's Olympic football manager Stuart Pearce will be given authority to select just about about any player he wants for the Great Britain squad, no matter how inconvenient League clubs find it.

Venezuela has strongly criticised what it calls Britain's threats against Argentina as its South American ally intensifies its claim to the Falkland Islands.

Shining Path terrorists have killed a police captain as she took part in an attempt to rescue dozens of hostages seized by the rebels earlier this week.

As Easter draws closer, here are some of the globe's best Easter traditions, compiled by us and Vyke mobile users around the world. From water-fights in Poland to beautiful hand-painted eggs in Germany to Australia's Easter bilby, Easter is certainly an exciting festival across nations.

I find it uncomfortable to take a strong line on the Falklands. I always get anxious if I feel like I'm being especially patriotic, except about football. And in this instance, I also worry that I might be just seizing on the opportunity to disagree with Sean Penn, which is always hard enough to resist that it can distort your perspective.