One of the world's leading bankers has told the BBC that Greece's private creditors are likely to
incur
hefty losses as a result of debt reduction negotiations. Josef Ackermann is chief executive of Deutsche Bank and chairman of the group which is negotiating with Greece on behalf of creditors. Mr Ackermann said the total loss on Greek loans was likely to be about 70%.
Two thousand police officers in Ciudad Juarez, in the north of Mexico, have been moved into hotels for their own safety after threats by a local drug gang. This report from our correspondent in Mexico City, Will Grant.
The decision to move the police of Ciudad Juarez into local hotels came after at least five officers were killed in Mexico's most violent city in recent days. The deaths follow a warning by a local drug gang calling itself the New Juarez Cartel. The gang threaten to kill one police officer a day unless the local police chief, Julian Leyzaola, resigns. Leyzaola is a very controversial figure in Mexico, credited by many with greatly reducing crime in Tijuana while he was police chief there. But there are dozens of complaints against him with the state's human rights commission, including for alleged illegal
detentions
.
At least three people have been killed and more than a dozen injured in an attack on a police station in western Colombia. The attack in Villa Rica comes a day after 11 people were killed in a similar explosion in the port city of Tumaco. Police blamed that attack on Colombia's largest left-wing rebel group, the Farc. The rebels have been