UNDER CONTROL: An Indian vender prepares a snack. The government declared that it had controlled rising food prices, a burning issue in a country where one-quarter of the population lives in deep poverty. (Sajjad Hussain, AFP)
In other news
The appointment of Fikile-Ntsikelelo Moya as editor of the Mercury newspaper showed Independent Media's commitment to media transformation, the ANC says.
Hackers have left a small Mexican town penniless after breaking into its bank accounts and stealing more than $500 000, officials says.
When European Union leaders meet under new management, they have a chance to revive Europe's stalled economy, but all the signs show they are set to fall short.
President Vladimir Putin says Moscow is not and will not be isolated on the international scene, says a report.
US Vice President Joe Biden says Europe must improve its energy security, warning of Russia's "track record" in using energy supplies as a weapon.
Russia, the world's biggest energy exporter, does not plan to cut oil production to shore up prices, says Energy Minister Alexander Novak.
China's surprise interest rate cut is another step toward softening the exchange rate, setting the yuan on course to end the year lower.
The Opec cartel will hold one of its toughest and most significant meetings in recent years as its members must contemplate whether to cut output.