USA/SYRIA - The Obama administration has concluded that Syrian President Bashar Assad's government used chemical weapons against the rebels seeking to overthrow him and, in a major policy shift, President Obama has decided to supply military support to the rebels, the White House announced Thursday.
JERUSALEM, ISRAEL - A long-awaited agreement between the Vatican and Israel appears to be near finality. The two main points revolve around the Church's requests to build two centers in Israel: a church in a section of the Caesaria National Park where a site dedicated to Paul once stood, and the use of a plot on Mount Zion in Jerusalem.
HOLLYWOOD, USA - According to director Zack Snyder, this isn’t the first time the above comparison has been made. ‘I think the relationship between Jesus and Superman is not a thing we invented in this film, it is a thing that has been talked about since the creation of Superman,’ he said, speaking to us from Warner Bros studios in LA.
USA - For the last five years, the world's leading central banks have been combatting the crisis with extremely low interest rates and vast bond purchases. Now the American Fed is breaking ranks, as it cautiously suggests a change in its policy - sending the markets into turmoil.
USA - World shares fell and the dollar slumped on Thursday as a sell-off on global financial markets accelerated on concerns over whether central banks will continue the stimulus they have come to rely on.
EGYPT - Just last month, Secretary of State John Kerry quietly sent Egypt an additional $1.3 billion, even though Egypt has failed to live up to democracy standards. That largesse didn’t stop a prominent Egyptian politician from talking about Egypt’s “enemy” the United States in what some pundits are classifying as a classic and embarrassing “hot mic” moment.
ARGENTINA - More than a decade after Argentina's epic financial collapse of 2001-02, many investors are rushing for the door once again. From big Chinese and Brazilian companies like miner Vale SA, to small-business owners and savers, the fear of a new crisis has led to canceled investments and suitcases of cash leaving the country.
COLORADO, USA - A fierce, wind-whipped wildfire destroyed more than 90 homes and menaced additional communities in and around Colorado's second-largest city on Wednesday, forcing thousands of residents to flee.
ITALY - Italy’s simmering revolt against Germany, austerity and its own ultra-European elites is coming to a head again, in a reminder that the deep clash of interests between the euro’s north and south remains as bitter as ever.
USA - In his final speech, televised live on January 17, 1961, Eisenhower warned Americans on a broad range of topics. Most do not remember his warning on deficit spending, but Eisenhower implored Americans to "avoid the impulse to live only for today, plundering for our own ease and convenience the precious resources of tomorrow."
USA - A careless mistake by Microsoft programmers has revealed that special access codes prepared by the US National Security Agency have been secretly built into Windows. The NSA access system is built into every version of the Windows operating system now in use, except early releases of Windows 95 (and its predecessors)…
CENTRAL AMERICA - A disease called coffee rust has reached epidemic proportions in Central America, threatening the livelihoods of hundreds of thousands of farmers and the morning pick-me-up of millions of coffee drinkers. Caused by a leaf-blighting fungus, possibly exacerbated by growing practices and climate change, the disease leaves coffee plants spindly and barren, their precious fruits unripened. England, that quintessentially tea-drinking nation, only became so in the 19th century, after rust outbreaks destroyed coffee plantations in Sri Lanka and shifted production to Indonesia.
UK - City watchdogs are probing allegations that foreign exchange rates are being rigged by traders. The investigation centres on claims that bank staff are making trades before processing customer orders, and also timing them to influence the setting of benchmark rates, according to a report by Bloomberg News. The accusations are a fresh blow to financial markets already embroiled in the Libor rate-fixing scandal - which has seen Barclays and RBS handed heavy fines. The £3 trillion a day foreign exchange rate market is not regulated but the big players like banks are supervised by the Financial Conduct Authority.
RUSSIA - President Vladimir Putin of Russia volunteered his country’s troops as replacements on Friday for the Austrian members of a United Nations peacekeeping force who are vacating the disputed Golan Heights area along the Israel-Syria border, where violence from the Syrian civil war has intensified.
GERMANY - Jens Weidmann, the Bundesbank’s hard-line chief, testified that the ECB’s bond rescue plan for Spain and Italy risks “significant losses” for Germany’s central bank and grave damage to its credibility. “Ultimately, it is the German taxpayer who carries the risk,” he said.