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Caracas - Crisis-wracked Venezuela has defaulted on two bonds, failing to make a $183 million coupon payment, ratings agency S&P said Friday.

New York - Crisis-plagued Venezuela suffered another blow Thursday as a committee of creditors ruled that state oil company PDVSA has defaulted on its debt, a decision that triggers payment of default insurance to investors.

New York - A committee of creditors on Thursday ruled that Venezuelan state oil company PDVSA has defaulted on its debt, a decision that triggers payment of default insurance to investors and deals another blow to the oil-rich but cash-poor nation.

Washington - If the crisis-stricken Venezuelan government manages to scrape together funds to make payments on its delinquent bonds, that would change the default designation but not the nation's prospects, a top ratings agency told AFP on Wednesday.

New York - A committee of Venezuelan creditors postponed until Monday a decision on whether state oil company PDVSA has officially defaulted on its debt payments.

Paris - A looming Venezuelan debt default is unlikely to trigger any domino effect in neighbouring economies as markets have long since priced in such an eventuality, economists say.

Earlier this week, Microsoft revealed the image that will be the default desktop background for new Windows 10 computers. Now referred to as "the hero image," the shot features the Windows logo made of light amid an aurora of smoke and haze.

Berlin - European Union nations should prepare for Greece's expected default and departure from the common currency, a German official said Monday.

Brussels - Senior eurozone officials have discussed the scenario of a default by Greece if talks with its creditors fail, European sources told AFP on Friday, ratcheting up the pressure on Athens to bow to tough reform demands.

Six Chinese trust firms have lent more than 5 billion yuan ($824.6 million) to a delinquent coal company, state media reported on Friday, raising the prospect of further defaults in China's so-called ...

President Obama has steadfastly refused to negotiate with House Republicans on funding the government, and the end result could be defaulting on US debts. Some are calling the President petulant, others simply call him childish and self absorbed.

Https is now the default standard for everyone browsing Facebook. This means that almost all traffic will be established through a secure connection.

Washington - The US Postal Service (USPS), faced with a looming $9.2 billion deficit, is so short of funds it cannot make a $5.5 billion payment due this month, and unless Congress implements emergency action, could face a complete shutdown by winter.

As the political theater on the federal debt ceiling peaked moving into the weekend, Republican presidential candidate Ron Paul sought to downplay the Armageddon-like impact of a default.

Brussels - The French President Nicolas Sarkozy told the press on Thursday that the European Financial Stability Facility (EFSF) represents the beginning of a European Monetary Fund.

An article relating to the so-called bailout of Portugal by the IMF and questioning the wisdom of the Portuguese Government effectively throwing in the towel.

Athens - Thousands of protesters gathered in Greek cities today, attacking banks and businesses, trying to gain entrance into the finance ministry. Flames, smoke and war-cries made May 1 in Athens almost look like Bangkok in the last weeks.

You may think that your friendly neighbourhood wireless network is safe and sound but you would be wrong....

Daydreaming seems to be the default setting of the human mind and certain brain regions are devoted to it, U.S. researchers reported Friday.