The International Air Transport Association downgraded its airline industry outlook for 2011 to $8.6 billion from the $9.1 billion it estimated in December 2010.
Bernard Madoff, in prison for the biggest pyramid scheme fraud in Wall Street history, says that in reality he made a lot of people rich and that he suffered alone.
Egypt slapped a ban on ousted president Hosni Mubarak and his family travelling abroad, and also imposed a freeze on their assets, judicial officials said.
The UN refugee agency said a "humanitarian emergency" was underway as thousands fled Libya in a mass exodus of foreigners from the strife-torn country.