ZURICH - The right-wing Swiss People's Party (SVP) called on Saturday for retaliation against the United States over a U.S. tax probe into the country's biggest bank UBS that threatens prized banking secrecy.
BERLIN - European leaders in Berlin have agreed on the need to regulate all financial markets including hedge funds. Leaders of Europe's major economies said a global solution was needed to the current financial crisis.
BRUSSELS – EU's judicial cooperation agency Eurojust will take the lead in finding ways to help police and prosecutors across Europe to wiretap computer-to-computer phone conversations enabled by programs such as Skype.
UK - HSBC and Barclays are to defy Gordon Brown's demands for restraint on bonuses by paying out up to £2 billion worth of bonuses in the next few weeks.
UK - PARENTS should avoid trying to convince their teenage children of the difference between right and wrong when talking to them about sex, a new government leaflet is to advise. Instead, any discussion of values should be kept "light" to encourage teenagers to form their own views, according to the brochure, which one critic has called "amoral".
USA - This fall, the Force can finally be with you — for a suggested retail price of $129.99. Put on a headset, focus on a small ball in a cylinder, and use your mind to make the sphere rise. It's cool, not to mention a little strange.
VATICAN - It sounds too good to be true. Now, for a limited time — the year of St. Paul, to be specific, which ends in June — say a prayer, pop by a designated church and qualify for an indulgence that deducts time from your scorching sojourn in the cleansing fires of purgatory.
VATICAN CITY - Pope Benedict said on Saturday there were worrying signs of a new type of eugenics based on perfection and physical beauty.
UK - The British National Party is on course to win its first seats in the European Parliament this year, Gordon Brown has been warned. Senior Labour figures have told the Prime Minister they believe two BNP candidates are likely to be sent to Brussels under the proportional representation system of voting, The Independent has learnt.
JERUSALEM - Benjamin Netanyahu appealed to his moderate rivals Friday to join him after the hard-liner was formally tapped to put together Israel's next ruling coalition - an alliance that would dilute the power of nationalists bent on derailing Mideast peace talks.
SACRAMENTO, CALIFORNIA - Federal water managers said Friday that they plan to cut off water, at least temporarily, to thousands of Californian farms as a result of the deepening drought gripping the state.
NEW YORK - Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.
USA - US banking shares hit their lowest level since 1992 on Thursday as fears mounted that the government would be forced to nationalise a key institution.
UK - Radical Islamic cleric Abu Qatada could remain in Britain for months despite a House of Lords ruling that he should be deported if he takes his case to the European Court of Human Rights.
UK - Pro-cannabis campaigners are becoming even more authoritarian than the drug-banning officials who would seek to remove the dreaded weed from British society.