USA/IRAQ - The US Department of Defense got more than $9 billion from the sale of Iraqi oil and other revenue streams to be used for reconstruction inside the war-damaged nation and spent it but now cannot document where $8.7 billion of those funds went, according to an inspector general's report published online.
UK - Prime Minister David Cameron has won the backing of 10 other European countries for his call to limit the increase in the EU's budget next year. In a joint statement the 10, including France and Germany, said the planned 6% rise was "unacceptable" when national governments were cutting spending. Downing Street said the statement sent a "very strong signal" to EU institutions about the need for budgetary restraint.
WASHINGTON DC, USA - While California's marijuana ballot initiative is garnering a lot of attention this election cycle, Gallup finds that nationally, a new high of 46% of Americans are in favor of legalizing use of the drug, and a new low of 50% are opposed. The increase in support this year from 44% in 2009 is not statistically significant, but is a continuation of the upward trend seen since 2000.
USA - Researchers have determined that genetics could matter when it comes to some adults' political leanings.
According to scientists at UC San Diego and Harvard University, "ideology is affected not just by social factors, but also by a dopamine receptor gene called DRD4." That and how many friends you had during high school.
GERMANY - German unemployment fell slightly in October, dropping to its lowest level in 18 years as the impact of persistently strong growth in Europe's top economy continued to filter through to the jobs market. The number of jobless fell by 3,000 to a seasonally adjusted 3.153 million, figures from the Labor Office showed on Thursday, while the headline level dipped to 2.945 million, confirming figures announced a day earlier.
EUROPE - Tough rules for the eurozone, aimed at averting another financial crisis, have been agreed at an EU leaders' summit. The leaders agreed to a permanent fund to help the euro in times of crisis, and to laws giving the EU the power to check national budgets.
INDIANAPOLIS, USA - Indiana's budget crunch has become so severe that some state workers have suggested leaving severely disabled people at homeless shelters if they can't be cared for at home, parents and advocates said.
UK - A 6% rise in the EU budget would be "completely unacceptable", Prime Minister David Cameron said as he arrived in Brussels for a summit. Last night he phoned Germany's Angela Merkel and France's Nicolas Sarkozy to argue for the "lowest possible" rise.
INDONESIA - Relief efforts have been stepped up in Indonesia as three aid ships reached the worst-hit parts of the island chain devastated by Monday's tsunami. Rescue teams are now at work on North Pagai island in the remote Mentawai Islands off western Sumatra. More than 340 people are known to have died. Hundreds are still missing.
USA - Most Americans still do not understand just how bad the economic horror we are facing really is. Today, millions of Americans are living as paupers in the land that their foreathers built even as America's infrastructure is literally being sold out from under their feet by corrupt politicians.
JERUSALEM, ISRAEL - The faithful worldwide are invited to join the 2,000 cities already planning to participate in a day of prayer for peace in the Holy Land. The 3rd International Day of Intercession for Peace in the Holy Land, an initiative organized by several Catholic youth associations, will take place January 29-30.
GREECE - As the world watches Greece wrestle with its crushing debt and crippled economy, the country is quietly struggling to manage another burgeoning crisis: the dramatic influx of illegal immigrants crossing from Greece into the European Union. Officials say Greece receives about 85% of Europe's total illegal immigrants, many of them coming through Turkey. Now it doesn't know what to do with them - or how to stem the flow.
USA - US authorities are operating a "brazen" Ponzi scheme in government debt by buying trillions of dollars of bonds to stimulate the economy, according to Bill Gross, managing director of Pimco, the world's biggest bond house.
PORTUGAL - Hopes of a budget deal in Portugal collapsed after marathon talks between the minority government of socialist premier Jose Socrates and conservative leaders ended in acrimony. Finance minister Fernando Texeira dos Santos said failure to agree on budget cuts will "plunge the country into a very deep financial crisis".
BERLIN, GERMANY - German Chancellor Angela Merkel has defended the Franco-German plan to push for a change to the Lisbon Treaty ahead of this week's summit. German editorialists back the need for reform but some are uneasy ABOUT THE WAY BERLIN IS FLEXING ITS MUSCLES.