Much of America has come to terms with President Obama being not the most truthful guy at times. He campaigned on ending US wars and has only started new ones. He vowed to close Gitmo yet the infamous prison is still in operation.
Italy is the latest focal point in the ongoing saga of the Eurozone debt crisis. Now, the Senate, the upper house of the Italian parliament, has approved an austerity package intended to save the country some 47 billion euros over three years.
Drastic spending cuts are on the way in Italy as parliament desperately tries to fend off a spiraling debt crisis. It seems the fairytale dream of a unified euro has met with harsh reality, and the collision may not be pretty.
The spectre of contagion is again on the loose in European financial markets with Italian sovereign debt spreads widening their highest level against German Bunds ever, and Spanish debt costs rising higher.
Rupert Murdoch`s push to expand in the British media has come to a halt. His embattled empire has announced the drop of its bid to take control of UK`s largest satellite broadcaster BSkyB, following News Corp`s involvement in the wiretapping scandal.
The TSA said recently that were changing their protocol involving pat-downs of youngsters, amid a series of scandals in which passengers of all ages have become the unlikely suspects of intense security screenings more and more frequently as of late.
The NATO-led intervention in Libya and the unrest in Syria are both steps in a decades-long plan by the US and its allies to completely reshape the face of Africa, believes independent journalist and peace activist Thierry Maysan.
How`s this for good news? Timothy Geithner, the secretary of the United States Treasury, says hardships will hit America for "a long time to come." Now that`s not very positive, is it?
US Secretary of State Hillary Clinton said the Syrian government had lost legitimacy, after hundreds of angry government supporters attacked the American and French embassies in the Syrian capital, Damascus.
Amid destroyed homes and rotting debris, survivors of Japan`s earthquake and tsunami are stoically trying to keep their lives together, while fresh health fears surface over radiation.
Russia has called on NATO to renounce the policy of mutual deterrence and to switch to cooperation in the security field, Russian Foreign Minister Sergey Lavrov stated during a visiting session of the Russia-NATO Council in Sochi.
With the global spotlight firmly back on the safety of nuclear power following Japan`s tsunami and the problems at the Fukushima Daiichi plant, China is looking at spearheading efforts to make the industry safer.
The Georgian authorities have reportedly decided to purge Russia from the educational system as all Russian-speaking schools will be shut down.
Belarusian police say they have released all the journalists who had been detained among protesters during celebrations of the 20th anniversary of the country`s independence on July 3.
War, what is it good for? If you ask researchers at Brown University, a new study says around $4 trillion down the drain and nearly a quarter of a million lives lost.
The New Mexico wildfire that has turned America`s heads towards the Los Alamos nuke plant is inching closer and closer to the laboratory, where the Associate Press says it is now a few miles from a dumpsite.
Israel has allegedly sent a message to Syrian President Bashar Assad in recent days, warning him that if he starts a war with the Jewish state in order to divert attention from domestic problems, Israel will target him personally.
Anti-war activists have taken to the streets of London to demonstrate against NATO`s military intervention in Libya. The demonstrators say it is time NATO was brought to book.
The supply of Russian electricity to Belarus has been cut off overnight Tuesday. Moscow wants Minsk to cover the standing $43 million debt before supply is resumed. But Belarus is short on money due to the ongoing economic crisis.
At least one person has been injured as Greek police used tear gas against protesters, trying to prevent them from breaking to the parliament building in Athens on Wednesday.
Al-Qaeda says it has a new leader and the US has a new bogeyman as the long-time deputy to Osama bin Laden takes over the leadership of Al-Qaeda. He is already promising to continue the jihad against America and Israel.
The 2012 Olympic Games has seen another milestone in its countdown, with the unveiling of the Olympic torch in London.
A senior Chinese general has for the first time officially confirmed that the country is building an aircraft carrier. According to experts and media reports, the vessel is the half-built Soviet warship Varyag, which China bought and is completing.
Three Americans who recently returned from a trip to Germany have been infected the same E. Coli strand that has spread through the EU and already killed 18 people and left over 1,800 ill.
Spain may launch legal action against Germany, which prematurely blamed its cucumbers for causing the deadly E. coli outbreak. The hysteria over Spanish produce has crippled the country`s farm exports and cost millions of euros in just a week.