GERMANY - The German economy has seemed surprisingly resistant to the ill effects of Europe's financial crisis. But an April drop in exports suggests that Europe's largest economy maybe not be immune after all.
NORWAY - Anders Breivik, the right-wing extremist who has confessed to killing 77 people during a murder spree in Norway last summer, played the violent computer game World of Warcraft nearly seven hours a day for several consecutive months before his attack, prosecutors say.
AFRICA - Mali is already bedeviled by the messy aftermath of a military coup, Tuareg rebels who’ve declared their own state, Islamists trying to impose strict religious law in the north, and waves of hunger.
VATICAN - For a financial institution whose ATMs offer Latin as a language option, whose offices are below the pope's windows and where tellers work under the gaze of crucifixes, one might assume the Vatican bank would have a dispensation from earthly travails.
ATHENS, GREECE - As European leaders grapple with how to preserve their monetary union, Greece is rapidly running out of money. Government coffers could be empty as soon as July, shortly after this month’s pivotal elections. In the worst case, Athens might have to temporarily stop paying for salaries and pensions, along with imports of fuel, food and pharmaceuticals.
EUROPE - European shares, the euro and oil fell on Friday as hopes for more global monetary easing dwindled despite the prospect of slower economic growth in Germany and China, and expectations of a bailout for Spanish banks failed to stop the rot.
SPAIN - Pressure is growing for Spain to tap into European Union bailout money to stem its banking crisis, but the country has stubbornly refused. Instead, Madrid hopes to get around bailout conditions with direct aid to its banks. German commentators on Wednesday say that the time for pride has passed.
SPAIN - Spain is warning that Europe's single currency will unravel unless its leaders decide within weeks to centralise budget and tax policies in the eurozone and agree on a strategy to pool responsibility for failing banks.
UK - David Cameron has said Germany cannot be expected to resolve the eurozone crisis on her own as a "whole series of measures" are needed. Speaking ahead of a meeting on Thursday with Chancellor Angela Merkel, the prime minister said no one leader could be "singled out" for responsibility.
EUROPE - Two years into its debt crisis, Europe has finally arrived at the nub of its problem: Will there ever be a common European identity? The answer may start to become clear at a European Union summit June 28-29. Leaders will weigh proposals to create a binding political union as a way to prevent a collapse of the euro – as well as to prevent the effects to the world economy.
USA - The summer of 2012 is shaping up to be very similar to the summer of 2008. Things look incredibly bleak for the global economy right now. Economic activity and lending are slowing down all over the planet, and fear is starting to paralyze the entire global financial system.
USA - Who ever thought that we would be talking about an epidemic of beheading early in the 21st century? Unfortunately, it appears that beheading is making a huge comeback and has become a favorite form of execution all over the world.
DAMASCUS, SYRIA/BERLIN, GERMANY - Berlin is preparing for Syria's transformation to a liberal market economy. Under German leadership, a multinational "Working Group" began its work late last week.
UK - British banks are sitting on a £42 billion powder keg of undeclared losses, which is stopping them from lending to businesses and families, it was claimed yesterday. Shareholder advisory group PIRC based its calculation on the 2011 accounts of the top five banks.
USA - Rising populations are driving Earth towards a 'tipping point' where species we depend on die out, says a committee of 22 scientists - hitting industries such as fishing, agriculture, forestry and water.