The World Trade Organization has received the unanimous backing of its 160 member nations for a first-ever multilateral trade deal, an agreement that has been years in the making and that the organization claims could add $1 trillion annually to global commerce.
An oil rig now floats offshore in one of Europe's top winter beach destinations — Spain's Canary Islands. For the first time, Spain has authorized offshore oil drilling there. It's hoping to reduce its dependence on foreign oil. But the project has prompted massive protests by local residents and environmental groups like Greenpeace.