Correspondent Dan Collyns reports on the trial of Peru's former president Alberto Fujimori. He's charged with ordering the murder of leftist opponents during his tenure.

The giant Swiss Bank, UBS, announced today it has written off 10-BILLION dollars of losses blaming it on the sub prime mortgage crisis in the US. Anchor Marco Werman speaks with Evan Davis, the BBC's chief economics reporter.

Today was the deadline for Serbs and Kosovo's ethnic Albanians to agree on the fate of Kosovo. They didn't. Now Kosovo is planning to declare independence early next year. And most Serbs are not happy about it. Anchor Marco Werman speaks with Ljiljuana Smajlovic, Editor in Chief of Politika, a daily newspaper in Serbia.

Daniel Franklin of The Economist has some predictions for the year ahead. Visit our website and tell us what you predict in world affairs for 2008.

Vladimir Putin today named a longtime ally as his choice to succeed him when he steps down in March. Russia watchers view this is as another signal that the Russian president plans to retain his hold on power after his official departure from office. The World's Katy Clark reports.

Entire program - December 10