World News from the BBC
The British energy company BP has again been blocked from
proceed
ing with a proposed joint venture with the Russian company Rosneft. An arbitration tribunal in Sweden has upheld a freeze on the tie-up that would have seen the two companies jointly develop new oil fields in the Russian Arctic region. Russian investors said they should have been consulted on the deal with the state-owned Rosneft.
A European Union summit is taking place in Brussels a day after the collapse of the Portuguese government raised the prospect of another crisis within the eurozone. Leaders will consider how to expand bailout funding for countries using the euro that get into financial difficulties. Here's Andrew Walker.
The summit was supposed to rubber-stamp a package of measures to settle the tension affecting the euro area, but developments in Portugal have
cast a shadow
. The government has been struggling to gain control of its own financial situation, but now parliament has voted against austerity proposals, the government has resigned and a leading credit rating agency has downgraded its assessment of the government's debt. It'll now be even harder for Portugal to avoid the path taken by Ireland and Greece with emergency loans from Europe and the IMF.
Many of Mexico's leading media organisations have agreed common guidelines on how to cover the drug-related violence that's sweeping the country. Newspapers and broadcasters agreed not to