Financial crisis unprecedented since 1930s

Since the Great Depression of the 1930s, there have been more than 100 crises worldwide, says the secretary-general of the U.N. Conference on Trade and Development (UNCTAD), Dr. Supachai Panitchpakdi. But many are saying the current global financial crisis is something 'the likes of which we have not seen for 70 years or more.'

US drone slaughters Pakistanis

A US unmanned Predator drone shot three missiles that hit a residence in Neej Narai mountains, in Ladha, South Waziristan, at the south Pakistani border with Afghanistan. Dawn TV Network says the attack killed six civilians. Attacks by remote-controlled planes of Pakistani tribal areas, especially in Waziristan, have become common place for over two years with the toll of over 800 civilians killed to date. The Pentagon denies such attacks although just its troops and the Central Intelligence Agency operate Predator drones in Afghanistan.

WORLDNOTES - Italy, Philippines, Global, Lebanon, Nicaragua, Cuba

Italy: Gaddafi visit, a first Philippines: Land rights leader murdered Global: Union activists vulnerable, labor federation says Lebanon: Vote keeps status quo Nicaragua: Aid won’t be missed Cuba: Oil exported, with Venezuelan help

Lebanon incumbents lead vote

Lebanon's March 14 Bloc (M14), which holds the parliamentary majority, maintains its supremacy over the March 8 coalition led by Hezbollah, according to partial official results disclosed there Monday.

Venezuela targets private banks

Venezuelan President Hugo Chavez has threatened to sanction private banks which fail to co-operate with his administration's drive to construct a socialist economy. Mr Chavez said that banks should facilitate exchange by providing credit to people buying houses or producing food, rather than generating massive profits for their owners.

WORLD NOTES Argentina, Egypt, China, Georgia, Afghanistan, Cuba

Argentina: Worker-run plants continue Egypt: Textile workers end strike China: Mainland, Taiwan leaders confer Georgia: Protest U.S.-backed president Afghanistan: Aid reaches few people Cuba: Russia returns as ally