USA - Get ready for the next era in retail — one that will be characterized by far fewer shops and smaller stores. On Tuesday, Sears said that it will shutter its flagship store in downtown Chicago in April.
VATICAN - Pope Francis dedicated the catechesis of this Wednesday’s general audience to the Week of Prayer for Christian Unity, which ends next Saturday, the feast of the Conversion of St Paul.
MIDDLE EAST - A host on the pan-Arab station Al-Jazeera shared surprising praise of Israel this weekend, praising the Israeli army’s restraint as compared to the Syrian army’s brutality.
BRUSSELS - Poland wants to join the eurozone because it is the political heart of the European Union, its foreign minister, Radek Sikorski, has said, with the country looking to enter the single currency by 2020.
EUROPE - Today the European Parliament and the Greek EU Presidency sealed a deal on the reform of the Markets in Financial Instruments Directive (MiFID), which sets new regulation for financial markets.
GERMANY - Germany and the US appear to be edging closer to political confrontation. The Federal Prosecutor says there is sufficient evidence to open a politically explosive investigation into NSA [National Security Agency] spying on Chancellor Angela Merkel's mobile phone.
EUROPE - Britain has lost a legal challenge to European Union powers to ban short-selling in key test case that has major implication for the City of London's financial services.
USA - The US Army is considering replacing thousands of soldiers with robots as it deals with sweeping troop cuts. A senior American officer has said he is considering shrinking the size of the Army’s brigade combat teams by a quarter and replacing the lost troops with robots and remote-controlled vehicles.
UK - More than 50 amendments tabled for committee stage of the EU Referendum Bill, including holding a petition of a million voters, posing the questions in Cornish and giving prisoners the vote.
IRAN - Iran’s state-run media said on Tuesday that its navy has sent warships to the Atlantic Ocean — a historic first for the Islamic Republic. The navy sent in the Sabalan destroyer and the Khark logistic helicopter carrier, The Associated Press reported.
CHINA - China’s notoriously bad air pollution is now reaching the United States, in part because of off-shoring of manufacturing to the Asian giant by American and other companies
SWITZERLAND - The theme of this year's Davos meeting where the world's wealthiest and most powerful people meet to enjoy each other's company, a fawning media, and of course the best food and entertainment that money can buy, is social stability, class hatred, and how to fix a world torn by a record wealth inequality.
USA - Did you know that 2013 was the driest year ever recorded in the state of California? And did you know that so far this is the driest January that the state of California has ever experienced? The worst drought in the history of California is happening right now. Just check out the current conditions on the US Drought Monitor.
USA - Organic and cage free eggs are becoming popular to the point that that some major grocery chains are reporting shortages. A New Jersey ShopRite recently posted a sign saying the short supply was industry-wide and was due to increased demand and limited availability.
JAPAN - Japanese Prime Minister Shinzo Abe has said Japan and China should avoid repeating the past mistakes of Britain and Germany, which fought in World War One despite their deep economic ties, according to his main government spokesman in Tokyo.