World

Merkel Ally Says Draghi Turning ECB Into a 'Junk Bank'

A leading member of German Chancellor Angela Merkel's Bavarian sister party criticised European Central Bank chief Mario Draghi on Saturday, saying he was turning the institute into a "junk bank" with his plans to buy debt rated as junk.

Chinese Premier to Attend Europe Summit, Sign Russia Rail Deal

Chinese Premier Li Keqiang will attend a summit of European and Asian leaders on a trip starting next week that will also include a visit to Germany and the signing of energy and high-speed rail deals with Russia, the government said.

Pope Accepts Resignation of British Bishop After Report of Affair

Pope Francis has accepted the resignation of a leading British Roman Catholic Bishop who acknowledged that he had broken his vows and who was believed to have had an affair with a married woman, the Vatican said on Saturday.

Cameron, British Muslims Condemn Beheading of Aid Worker Alan Henning

Muslim groups across Britain united on Saturday to join Prime Minister David Cameronin condemning the beheading of aid worker Alan Henning by Islamic State insurgents, with one leading cleric calling it a "despicable and offensive act".

Ebola 2014 News: Is Global Inequality Exacerbating Outbreak in West Africa? World Bank Chief Laments Countries' Lack of Basic Care

According to World Bank President Jim Yong Kim, the effect the Ebola outbreak has had in poor West African countries is a reflection of the dangers of global inequality.

Ukraine & Russia News in Donetsk: Red Cross Worker Killed in Rebel-Held City

Red Cross worker killed in rebel-held Ukraine town from shells A Red Cross worker in Ukraine was killed Thursday after mortar shells hit near the office in the rebel-held city of Donetsk, the Associated Press reported.

ISIS News: Australia Joins War Against Islamic State Militant Group

Officials announce they are sending fighter jets to help the fight Australia said Friday it will soon launch six fighter jets that will conduct airstrikes against Islamic State militants in northern Iraq, joining the U.

Tropical Storm Simon Path, Maps, Weather 2014: Mexico Braces for Storm

Storm is expected to turn back toward Baja California Tropical Storm Simon is deceiving on the radar and the storm currently looks set to head out to sea in the Pacific Ocean.

NBC Cameraman Ebola Case: American Employee Contracts Deadly Disease

The freelance camera man was diagnosed with the virus on Thursday and is currently quarantined and awaiting his flight back to the U.S. for treatment.

GM Recall 2014: Half a Million Cars Affected in Latest General Motors Recall

Recent recall is the 71st this year for embattled American automaker General Motors Co. said Friday that it is recalling 524,384 vehicles around the world because of issues with latches and loose parts, another of many recalls by the company this year.

British Tourism 2014: Three Burmese Men Held by Thai Police in Connection to Murder of British Tourists

Two of the men held by Thai police confessed to murdering the British tourists and raping Hannah Witheridge. DNA samples from the men were found on Witheridge's body.

Saudi Arabia, Mecca & Hajj: Officials Take Safety Precautions as 2 Million Muslims Gather

Officials in Saudi Arabia have quelled fears of the spread of deadly diseases like Ebola and MERS as 2 million Muslims made their way to Mecca for the start of the annual Hajj pilgrimage on Thursday.

Nigeria's Boko Haram 'Leader' Appears in New Video

A man claiming to be Boko Haram leader Abubakar Shekau appeared in a new video on Thursday, contradicting Nigerian military reports that he had been killed.

BOJ to Stand Pat as Weak Data Tests Its Rosy Price Forecast

Bank of Japan policymakers meeting next week will start debating how to justify maintaining their rosy inflation forecasts even as a slew of weak data will likely force them to cut their economic growth projections later this month.

Rights Groups Condemn Myanmar's Rohingya Plan

Human rights groups condemned on Friday a Myanmar government plan that could force thousands of minority Rohingya Muslims into detention camps indefinitely if they do not qualify for citizenship.

Weak Yen Positive For Economy if Synchs With Fundamentals: BOJ's Kuroda

Bank of Japan Governor Haruhiko Kuroda said on Friday that the yen's weakening is broadly positive for the Japanese economy as long as it reflected the underlying fundamentals.

Australian PM Seeks re-Think on Parliament Burqa Ban After Backlash

Australian Prime Minister Tony Abbott asked officials on Friday to re-think restrictions on members of the public wearing face-coverings such as burqas in parliament following a public backlash against the measures.

Britain Threatens to Ignore European Court of Human Rights Rulings

Britain will quit the European Court of Human Rights unless it agrees that theWestminster parliament has the final say over its rulings, Prime Minister David Cameron's Conservatives said on Friday.

Nominee Moscovici Must Also Answer More EU Committee Questions

Pierre Moscovici must answer further written questions from the European Parliament's economic affairs committee by late on Sunday before it considers again his nomination as EU economics commissioner, lawmakers said on Friday.

Venezuela News & Robert Serra Death Update: Socialist Politician, Partner Murdered

Serra and his partner Maria Herrera were found dead on Wednesday in their Caracas home after being stabbed and possibly tortured. Government officials have launched an investigation into their murders.