USA - The state of Illinois has reached a new level of broke. Come Monday, it won't have enough cash to bury its indigent dead. Illinois officials sent a letter to more than 600 funeral directors around the state to let them know there's no money for funerals for individuals on public assistance.
USA - A devastating drought deepened over the last week in many areas, spreading through more of the Plains and going into the Midwest as triple-digit temperatures baked already thirsty crops and livestock.
UK - "Parents are fearful about how they chastise their children," Clasford Stirling, a veteran youth worker, who runs the football club at Broadwater Farm community centre in Tottenham, said. "There's been an erosion of authority for a long time. Parents move very gingerly not to upset their own kids - that's the reality."
EUROPE - Weaker eurozone members face the prospect of being left with no domestic banks in the future as market resistance to funding lenders in peripheral countries grows. Equity analysts at Standard & Poor's, the credit rating agency, said that the problem with the European banking system is that it is "not aligned to the single currency area" and that larger banks with operations across the region were likely to replace smaller single country-focused lenders.
UK - If there was one message to take away from the Bank of England's dramatic Inflation Report yesterday, bar rates being on hold for another two years and growth being weaker than hoped, it was that the global economy is back on the precipice - and it is the world's creditor nations that are holding the rescue lines.
WASHINGTON, USA - President Barack Obama is hosting an Iftar dinner Wednesday evening to celebrate the Muslim holy month of Ramadan.
USA - Eighty percent of Muslim Americans approve of the way Barack Obama is handling his job as president, according to a newly released survey conducted by the Abu Dhabi Gallup Center, a partnership between Gallup and the Crown Prince Court of Abu Dhabi.
USA - Police departments in several cities around the country are investigating what appear to be incidents of "flash mob" generated violence, in which packs of dozens or even hundreds of youths appear seemingly out of nowhere to commit assaults, robberies and other crimes against innocent bystanders.
UK - Head teachers' leader, Brian Lightman, says there need to be some "hard questions" and "uncomfortable truths" for parents and families, after youngsters were caught up in an unprecedented night of violence and looting.
FRANCE - European and US stock markets have suffered more large falls, led by steep declines in banking shares. In nervous trading, the focus turned to France, where the French government denied it would follow the US and lose its top-grade AAA credit rating.
UK - A MOTHER was banned from breast-feeding her baby in public by civic centre bosses over claims it would cause "uproar" among Muslim visitors. Emma Mitchell, 32, was preparing to feed her four-month-old son Aaron when a receptionist warned her it was a "multicultural building" and that she should use the nearby public toilets instead.
LONDON, UK - The owners of a 140-year-old family furniture store were devastated today after seeing the charred remains of the building that fell victim to the riots last night. House of Reeves has stood on the same corner in Croydon, south London, for more than a century but was targeted by rioters as violence spread across the capital.
UK - Sitting side by side on a supermarket shelf is a block of cheap butter and an expensive margarine that is 'proven' to reduce cholesterol. So which would you choose? At first glance, it seems obvious - the margarine, of course. But is it?
USA - It stuns me that people don't ask themselves just what S&P is and who its credit raters are before actually paying one iota of attention to them. So who are those S&P raters anyway - the people who actually determine whether the US is AAA or AA+?
USA - With America still drowning in debt, critics in and outside of Congress say it's time to reassess US foreign aid - especially to China. "We started looking at the contracts and it was rather amazing that the Number 1 recipient of these taxpayer dollars were Chinese-state owned corporations," said Senator Jim Webb, Democrat for Virginia, referring to $320 million dollars worth of US government contracts let to China. "I think we can take a good hard look where we're giving foreign aid."