
Argentina may defy NY courts with payment offer
With just hours to go before Argentina has to show its last cards in a billion-dollar debt showdown in the U.S. courts, President Cristina Fernandez ...

France to tax companies 75 pct on $1.3M salaries
French President Francois Hollande may have finally found a way to tax the really rich: by making their companies pay. In a televised interview ...

Cypriots anxious as banks reopen with limits
Anxious Cypriots patiently waited in long lines to get at their accounts on Thursday after banks opened for the first time in nearly two weeks, ...

Israel to resume money transfers to Palestinians
Israel said Monday it would resume regular monthly transfers of about $100 million in taxes and customs it collects for the Palestinian Authority, a ...

Strange end of corruption trial may spur appeals
There was trouble from the start for a jury deciding a corruption case against former city leaders in a Los Angeles suburb. A tearful juror who ...

Mistrial declared in California corruption case
Saying she feared "all hell" had broken loose among jurors, a judge declared a mistrial Thursday on dozens of remaining counts against five former ...
SAfrica audit: $2.8 billion lost from provinces
South African trade unions say they are shocked at the disappearance of 24.8 billion rand ($2.75 billion) from provincial governments which a ...
Mali newspaper editor charged with crime
A media rights group says that a Malian newspaper editor, who was arrested two weeks ago after publishing a letter criticizing the salary of the ...

Cyprus president tries to amend bailout plan
Cyprus' president said Sunday that he is trying to amend a key provision of an unpopular eurozone bailout plan that would tax deposits in the ...

Pentagon spends nearly $1B a year on unemployment
Even as it faces budget cuts and forced employee furloughs, the Pentagon is spending nearly a $1 billion a year on a program that sends unemployment ...

Syrian opposition pushes for interim government
The main Syrian opposition group is pushing to form a breakaway interim government to rein in chaotic rebel-held areas in the north. But it faces ...

Libya's militarized youth feed into economic woes
More than 18 months since the end of Libya's civil war, the most attractive job for many of the young is still to join a militia. In fact, just under ...

Mali media outlets go silent over editor's arrest
The airwaves in Mali's capital fell silent on Tuesday and newspapers didn't print a morning edition in protest over the arrest last week of an editor ...

Ex-Detroit mayor convicted, jailed until sentence
Jurors in a city buffeted by financial crisis convicted former Detroit Mayor Kwame Kilpatrick on corruption charges Monday, capping a five-month trial ...
Report: EU to propose controls on bosses' pay
A top European Union official says he plans to propose that company shareholders across the continent be given the power to set managers' pay — an ...

Payrolls shore up markets at end of historic week
Markets across Europe and Asia made decent gains Friday, bringing to an end what has been a historic week that was capped with the release of ...

Fed survey: US economy growing throughout country
Strong auto sales, better hiring and a continued housing recovery helped the U.S. economy grow in January and February throughout the country, ...

EU pushes ahead with bonus cap despite UK concerns
Britain stood isolated against a broad majority of European Union countries Tuesday in refusing to back legislation that would strictly limit bankers' ...

Residents symbolically bury bankrupt Bosnian town
If a town is dying, doesn't it at least deserve a decent funeral? With candles, speeches and an obituary poster reading "Town of Drvar 1883 - 2013," ...
Report: Australian miners fired for 'Harlem Shake'
Up to 15 miners were fired from their high-paying jobs in an Australian gold mine after a "Harlem Shake" performance underground was deemed a safety ...

Beppe Grillo's protest group wins Italian hearts
It says a lot about the political mood in Italy that when an unidentified package arrived at comic-turned-political leader Beppe Grillo's house, the ...
Diplomat: UK isolated in EU in opposing bonus caps
Britain is isolated in the European Union in opposing strict caps on bankers' bonuses, a European diplomat said Friday, in a dispute that could lead ...

EU agrees to limit banker bonuses
Top European Union officials have agreed to slap a strict limit on bankers' bonuses, which have been blamed for encouraging the risk-taking behavior ...
Cyprus claims EU mood shifting toward bailout
Wariness among some euro area countries over bailing out debt-saddled Cyprus is gradually receding, the country's president-elect said Wednesday.