Italian dairy company Parmalat declared a 3.96 billion euro hole in its accounts when the amount held by Cayman Islands-based unit, Bonlat Financing Corporation, was declared false by Bank of America.
Prime Minister of JapanJunichiro Koizumi orders the deployment of Japanese forces for non-combat duties in Southern Iraq; polls show that most Japanese voters are opposed to the mission.
Flights from Vancouver International Airport bound for the U.S. are delayed following the discovery of an envelope containing suspicious white powder and a threatening note at one of the terminals.
SARS quarantine orders are lifted on up to 75 people in Singapore but concerns remain that the deadly virus could yet make a comeback across Asia.
Australia sends AU$1.2m to Nauru so that the Pacific island-state can pay its public servants before Christmas in a move that Foreign Minister Alexander Downer says illustrates the need for long-term solutions to the island's deep-seated problems.
The British spacecraft Beagle 2 successfully separates from the ESA's Mars Express orbiter and is now less than 10 days away from its scheduled landing on the surface of Mars; it will attempt to parachute onto the surface on Christmas morning.
Police seal off the printing plant and offices of Zimbabwe's last remaining independent daily newspaper, Daily News.
Jason Cooper, a cousin of Alonzo Mourning (a player of the NBA Team the Miami Heat), donated him his kidney because he Mourning had suffered from a career ending kidney disease.
Juan Rozon and Angelica Ruiz, meet at an Outback Steakhouse in Queens NY and instantly fall in love!