GERMANY - A former member of Chancellor Merkel's Christian Democrats has formed a party to attract voters enthralled by Thilo Sarrazin and disappointed by Germany's existing parties. Berlin politician Rene Stadkewitz's new Freedom Party aims to leverage fear of Islam for political ends.
USA - Treasury Secretary Timothy Geithner asked Congress to raise the US debt ceiling Thursday, firing the starting gun on a fresh political battle over the country's massive deficit.
USA - An individual who believes President Obama wasn't born in the United States interrupted a House reading Thursday of the US Constitution. The outburst in the gallery reportedly came during a reading of the section in the Constitution requiring that presidents be naturally born US citizens in order to be eligible for that office.
USA - In the 1,461 days that Representative Nancy Pelosi (Democrat for California) served as speaker of the House, the national debt increased by a total of $5.343 trillion ($5,343,452,800,321.37) or $3.66 billion per day ($3.657,394,113.84), according to official debt numbers published by the US Treasury. Pelosi was the 52nd speaker of the House. During her tenure, she amassed more debt than the first 49 speakers combined.
VATICAN CITY - God's mind was behind complex scientific theories such as the Big Bang, and Christians should reject the idea that the universe came into being by accident, Pope Benedict said on Thursday. "The universe is not the result of chance, as some would want to make us believe," Benedict said on the day Christians mark the Epiphany, the day the Bible says the three kings reached the site where Jesus was born by following a star.
UK - The government is resigned to UK banks paying out billions of pounds in bonuses this year, despite its calls to curb the payments, the BBC has learned. The best the coalition can hope for is a declaration from the banks that they will pay out less than they would have without government intervention, said BBC business editor Robert Peston. The government is also looking for banks to lend more to small businesses.
EUROPE - German state broadcaster's man in Brussels: Eurozone a "terrible experiment". Les Echos reports that, according to Nobel Prize winning economist Joseph Stiglitz, the 750 billion euros eurozone rescue fund should be more than doubled in order to cope with the debt crisis. US political intelligence firm Stratfor notes that a eurozone rescue fund would need to be in the order of 3 trillion euros to take those countries at risk from contagion out of the debt markets for three years.
UK - "No one should doubt that Britain is determined to remain a global financial centre". Writing in the FT, Chancellor George Osborne calls on Europe to "put its own house in order", urging eurozone countries to decisively underpin the euro and sort out the bloc's fragile banking system.
USA - In a nation founded upon the US Constitution, one might think that reading the founding document out loud on the floor of the US House of Representatives might not be controversial, but some on the left suggest those promoting its voicing have a "fetish."
USA - Former Reagan administration defense official Frank Gaffney is still waiting for somebody to rebut his allegations that the Muslim Brotherhood, which seeks to impose shariah law around the world, is running an influence operation in Washington, DC. Instead, he's being called an anti-Muslim bigot.
UK - Around 2.6 million Britons used cash taken out on a credit card to pay their mortgage or rent last year. A report by housing charity Shelter said many households faced a 'daily struggle' to find the money to keep a roof over their heads. The findings highlight the financial crisis facing families squeezed by a toxic combination of tax rises, poor pay rises and soaring household bills.
EUROPE - Baroness Ashton has failed to fully attend two thirds of European Commission meetings over the past year, leaving Britain without a voice in the most important forum for EU law making, according to research by The Daily Telegraph.
GERMANY - The leading rabbi in the eastern German state of Brandenburg says Jews in the community there are warned not to wear yarmulkes or other visible symbols of Judaism. He says the state has a problem with anti-Semitism, but Brandenburg officials claim they are doing all they can to make Jewish culture part of everyday life.
EUROPE - China's leadership has launched a charm offensive aimed at Europe. The country's vice premier, who is visiting Spain and Germany this week, has promised that Beijing will continue buying up government debt to support the troubled euro zone. He has also called for more bilateral trade.
USA - Republicans in the House came to power vowing to govern by the book -- or in the case of the Constitution, by the parchment. And partly as a nod to Republican representatives elected as part of the conservative Tea Party movement, one of the first acts of the newly GOP-controlled House will be to read that founding document aloud on Thursday.