Governing is tracking the issue, and will update this page as more municipalities seek bankruptcy protection. Most recently, Detroit became the largest municipality in US history to file for bankruptcy. The state had already appointed an emergency financial manager for the city, saddled with debts totalling an estimated $18 billion.

Overall, though, bankrupt municipalities remain extremely rare. A Governing analysis estimated only one of every 1,668 eligible general-purpose local governments (0.06 percent) filed for bankruptcy protection over the past five years. Excluding filings later dismissed, only one of every 2,710 eligible localities filed since 2008.

The majority of filings have not been submitted by bankrupt cities, but rather lesser-known utility authorities and other narrowly-defined special districts throughout the country. In Omaha, Nebraska, 10 sanitary districts have filed for bankruptcy, accounting for nearly a third of all Chapter 9 filings since 2010.

The police described the incident as a “rolling crime wave.” One police official said that the George Zimmerman acquittal provided the flash point excuse for the flash mob. “They’re using Trayvon as an excuse,” the official said to local media. “They were saying, ‘Let’s go mess up Hollywood for Trayvon.’”

The incident began when 911 dispatchers began getting calls about trouble on Hollywood and Vine, including young people running through traffic, bowling people over, and grabbing their purses and cell phones. The hoodlums robbed local stores as they charged down Hollywood Blvd. One took a cash register. “They kept moving from location to location,” said Officer Christopher No.

Overall, the police arrested 12 people, 11 of them juveniles. The police are currently investigating surveillance video to find the rest of the suspects. Video appears to show more than one of the mob wearing hoodies. One witness said some were wearing masks. Three of the arrested females took video of themselves in handcuffs, laughing about it.

Campaigners said Monsanto had simply realized that the vast majority of people in Europe would not eat the foods. The decision will be a blow to Britain’s fledgling GM industry which has been championed by ministers in recent weeks. So far, biotech firms have been deterred from growing GM crops in Europe by the tightest controls in the world.

The decision will not affect Monsanto’s existing European GM crop, an insect-resistant maize. MON 810 is Europe’s only genetically-modified plant cultivated commercially and is grown for animal feed in Spain. Globally, more than 12 per cent of the world’s arable crops are devoted to GM crops.

More than 1,000 people gathered outside the headquarters of the People’s Party (PP) in Madrid. They brandished banners and chanted “Hands up, this is a stick up!” “The treasurer has our money!” and “They do not represent us!” A wave of public indignation was triggered following the latest revelations in a government corruption case that has scandalized Spain.

It concerns the PP’s former treasurer Luis Barcenas, who stands accused of creating a slush fund containing millions of euros which was used to pay out “gifts” to party officials and illegally finance the party. Spanish newspaper elMundo reported this week that senior party officials had shared 8.3 million euros ($10.9 million) between them from 1990 to 2008, citing court documents.

Schäuble has been a member of the German parliament, the Bundestag, for more than 40 years. He negotiated the German unification treaty and pushed the euro through the parliament. He could, with a clear conscience, retire to his handicapped-accessible multigenerational house in the southwestern city of Offenburg and become the conservative version of Helmut Schmidt, the former Social Democratic chancellor turned elder statesman.

But Schäuble, a member of Chancellor Angela Merkel's center-right Christian Democratic Union (CDU), wants to remain in his job. He wants to be finance minister again, assuming the outcome of the September national election goes his party's way. It isn't just because he would then have held top positions in the Bundestag and the government for longer than Hans-Dietrich Genscher, a Free Democratic Party (FDP) politician and former foreign minister, but also because he is deeply convinced that his contributions are critical to rescuing the Continent.

"Someone has to keep the store going," he says, and it's clear that by "the store," he doesn't just mean his budget or his party, but also the entire euro zone. And that someone, in his view, is Schäuble. That's why Schäuble runs his ministry as if it were Germany's "European Ministry" with an attached budget division, and why he wants to help the quarrelling club of nations based in Brussels finally become a political union, a step that was skipped when the currency union was introduced.

"The legislation is Fatca, the Foreign Account Tax Compliance Act. To appreciate its breathtaking scope along with America's unique "citizen-based" tax practices, imagine this: You were born in California, moved to New York for education or work, fell in love, married and had children. Even though you have faithfully paid taxes in New York and haven't lived in California for 25 years, suppose California law required that you also file your taxes there because you were born there.

Though you may never have held a bank account in California, you must report all of your financial holdings to the State of California. Are you a signatory on your spouse's account? Then you must declare his bank accounts too. Your children, now adults, have never been west of the Mississippi but they too must file their taxes in both California and New York and report any bank accounts they or their spouses may have because they are considered Californians by virtue of one parent's birthplace," Graffy explains.

"Extrapolate that example to the six million US citizens living around the globe. Many, if not most, don't know about these requirements. Yet they face fines, penalties and interest for not complying — even if they owe no US taxes, own no US property, have no US bank account and haven't lived there in years — if ever.

Carter lashed out at the US political system when the issue of the previously top-secret NSA surveillance program was touched upon at the Atlantic Bridge meeting on Tuesday in Atlanta, Georgia. "America has no functioning democracy at this moment," Carter said, according to Der Spiegel.

He also believes the spying-scandal is undermining democracy around the world, as people become increasingly suspicious of US internet platforms, such as Google and Facebook. While such mediums have normally been associated with freedom of speech and have recently become a major driving force behind emerging democratic movements, fallout from the NSA spying scandal has dented their credibility.

It’s not the first time Carter has criticized US intelligence policies. In a previous interview with CNN, he said the NSA leaks signified that “the invasion of human rights and American privacy has gone too far." He added that although Snowden violated US law, he may have ultimately done good for the country.

The service was led by Imam Al Hammouri, a member of the Jerusalem-based pan-Islamic Hizb ut-Tahrir (party of Liberation) organization, founded in 1953. The group, which boasts a worldwide membership of approximately one million across 40 countries, is dedicated to establishing a worldwide Islamic Caliphate (Muslim Empire) that will force Islamic law upon all of its subjects.

The gathering was allowed by Israeli and Jerusalem authorities as part of the regular Friday weekly Islamic prayers (Friday being the Islamic Sabbath), especially within the context of the holy Islamic month of Ramadan. Promoted as a demonstration of support for the deposed Islamist Muslim Brotherhood-backed former Egyptian President Mohamed Morsi, participants in the gathering brought posters bearing Morsi’s photo to the mosque. They yelled “Down with peaceful solutions!” and “Whoever negotiates with America... is a collaborator and a coward.”

Al Hammouri threatened, “We are the Nation of Islam – a giant and mighty nation, which extends from east to west. Soon we will teach you a political and military lesson, Allah willing. Allah HuAkbar. All glory to Allah.” The situation on the Temple Mount has become increasingly dangerous for Jews, despite the fact that the site is technically under Israeli sovereignty.

Concerning shoppers and the community, the event also raised significant alarm amongst the Oregon Department of Agriculture, which has now enacted a temporary ban on the pesticide used in this incident, and for an additional 17 other insecticide products containing the chemical dinotefuran.

Dinotefuran, a popular insecticide found in agricultural, professional and household products is an insecticide of the neonicotinoid class, a class of insecticides widely suspected to be the primary cause of the global bee and pollinator die-off we are witnessing today. Neonicotinoids include a number of other insecticides other than dinotefuran, and have for decades been suspected of being especially dangerous to bees.

Responding to a question by MK Yaakov Litzman (United Torah Judaism), Elkin said that the Foreign Ministry has not signed nor does it intend to sign any agreement transferring all or parts of the tomb.

The Tomb of King David, located on Mount Zion in Jerusalem, is also home to a church, which claims ownership of the site, more specifically of a room in the compound in which the Catholic Church claims the "Last Supper" occurred.

Elkin said that there is a longstanding economic agreement between the Vatican and Israel. This agreement relates to taxes, fees, and individual claims on Vatican property and while there have been demands to include the “Last Supper” room as part of it, the Foreign Ministry has made it clear that control of the site will not be handed to the Vatican whatsoever.

In an interview with The Daily Telegraph, General Sir David Richards said that “if you want to have the material impact on the Syrian regime’s calculations that some people seek” then “ground targets” would have to be “hit”. The Chief of the Defence Staff also warns that the Government needs to clarify its “political objective” in Syria before a coherent military plan for dealing with the Assad regime can be recommended.

Last month, David Cameron and Barack Obama indicated that they would look at military measures after evidence emerged showing that the Syrian regime was using chemical weapons against its citizens. However, in recent days, the Prime Minister’s enthusiasm for further intervention appears to have waned following private warnings from Sir David and Sir John Sawers, the head of MI6, about the implications of being drawn further into the Syrian civil war.

David Anderson QC, the independent reviewer of terrorism laws, said extremists are not the only ones who “have an interest in magnifying the threat” and called for caution in keeping the danger realistic. He said government, security officials and even industry have a vested interest in the seriousness of the terror treat and over-egging it can lead to “unnecessary fears and powers”.

In a wide-ranging annual report, Mr Anderson also warned that British jihadists are helping international terrorists become more dangerous by providing English language skills to spread their message and connect them with fanatics in the UK. He said the terror threat in general is changing with the greatest danger now coming from “lone wolves” who plan less complicated, smaller but still deadly outrages.

The IMF's Article IV report on China states - as clearly as the IMF dares - that excess credit has been pushed to the outer limits of sanity, and that there is a growing risk of an "adverse feedback loop" as the financial system and the economy take each other down in a mutually reinforcing spiral.

The deeper thrust of the IMF report is that the growth model of the past 30 years is exhausted. The low-hanging fruit has been picked. If the Communist Party fails to take radical action, it will soon be caught in the middle income trap.

Beijing replied dismissively that "vulnerabilities were well under control". It said the fast growth of wealth products and trusts were a healthy sign of "market-based intermediation". Any risks were "manageable". Bad loans in the banking system "remained low and Chinese banks had some of the highest capital and provisioning ratios in the world". Do you laugh or cry?

MPs cheered in the House of Commons as it was announced that royal assent had been given to the new Bill, paving the way for the first same-sex weddings next spring. The Queen, who is the Supreme Governor of the Church of England, gave her formal approval to the Bill – one of the most radical pieces of social legislation of her reign – this afternoon. But it marks the end of the centuries-old understanding of marriage as being solely between a man and a woman in the UK.

The Roman Catholic Church described it as a “watershed” in English law and said that it marked a “profound social change”. Ben Summerskill chief executive of Stonewall, said the move would “bring joy to tens of thousands of gay couples and their friends and families.” But the Evangelical Alliance, which represents thousands of churches and Christian charities claimed it had turned marriage into a “fluid, gender-neutral institution” defined by “consumer demands and political expediency”.

Meanwhile Dr David Landrum, director of advocacy at the Evangelical Alliance, said: "Marriage has not been extended; it has been redefined and effectively privatised to privilege adult choice. The changes have stripped husband and wife of their obvious meaning and marginalised adultery and consummation. Marriage has been made into a fluid, gender-neutral institution defined by consumer demands and political expediency. The state has created a form of marriage that is no longer the lifelong union between a man and a woman for the procreation of children and the foundation of family life."

In the UK, Bank of England rate-setters voted unanimously to leave QE unchanged at £375 billion for the first time since October last year and, in the US, Federal reserve chairman Ben Bernanke again hinted that money printing would be slowed later this year if the economy remains strong. However, both central banks were clear that the end of QE would not mean the end of monetary stimulus. Minutes to the Bank’s July rate-setting meeting showed that alternatives to QE are likely to be launched as early as August, prompting speculation that rates could be low until 2016.

At the Fed, Mr Bernanke stressed that “a highly accommodative monetary policy will remain appropriate for the foreseeable future” even if QE is tapered off. Jittery stock markets reacted calmly to the news, in contrast with the wild reaction when the Fed first hinted at “tapering” in June. On Wall Street, the Dow Jones Industrial Average edged 0.2 percent higher after Mr Bernanke’s testimony. In London, the FTSE 100 closed up 0.2 percent at 6,571.93 points.

Traders and economists expect the US to begin winding down its $85 billion-a-month QE programme in September and halt it completely in the middle of next year. But, Mr Bernanke was careful to say that the Fed will respond to the data, and could accelerate the programme if the economy weakened.