A street vendor sells Argentine flags as the country prepares for the World Cup final on July 12, 2014 in Buenos Aires, Argentina.

Argentina faced a race against on time on Wednesday to avert its second default in 12 years.

Nigeria’s President Goodluck Jonathan wants the governor of the central bank of Nigeria out while he tries to extend his stay as long as possible.

Panama Canal

An initial, temporary agreement may be close, but analysts say that the consequences will be long-lasting.

A general view shows the Zawiya oil installation on August 22, 2013 in Zawiya, Libya.

Government forced to draw on reserves as oil exports fall to just 110,000 barrels a day.