Only a few months ago, the bank Dexia was rated one of the most stable in Europe. But, within the past few days, it's become the first casualty of the Greek debt crisis, saved only by interventions by the Belgian and French governments. Robert Siegel talks with Stanley Pignal, Brussels correspondent for the Financial Times, for more.
Slovakia, the second poorest of the 17 nations that use the euro, has complicated plans to help Greece and other debt-ravaged countries. The Slovakian parliament was due to be the last to approve the expansion of the eurozone bailout fund. But internal divisions in the ruling coalition caused the government to collapse instead.
Worldwide tuberculosis cases are declining annually for the first time, according to a report just out from the World Health Organization. Deaths from the disease have also sunk to the lowest level in a decade.
Originally published on Tue October 18, 2011 11:46 am
The AP, along with several other news sources including Al Arabiya and Haaretz, are reporting that Israel and Hamas have reached a prisoner-swap deal that will free Israeli Sgt. Gilad Schalit and hundreds of Palestinian prisoners.
Schalit, if you remember, was captured by Palestinian militants in 2006 and his father, Noam, has led a popular effort to free him.
Back in 2009 when he campaigned to be New Jersey's chief executive, then former U.S. prosecutor Chris Christie got help from Mitt Romney who visited the Garden State to endorse his fellow Republican in that state's GOP primary.
So it wasn't particularly surprising that on Tuesday, now-Gov. Christie would return the favor by endorsing Romney's bid to be the Republican Party presidential nominee in an afternoon news conference.
A report (pdf) from the Senate's Governmental Affair's Permanent Subcommittee on Investigations found that a 2004 tax break that was given to corporations repatriating profits made in foreign countries "did not produce any of the promised benefits of new jobs or increased research expenditures to spur economic growth." In fact, the report found that the corporations receiving the break cut 20,000 net jobs and cost the U.S.
We're following this breaking news as it comes in. Scroll down for updates.
An Iranian-directed plan to assassinate the Saudi ambassador to the U.S. and possibly attack the Saudi and Israeli embassies in Washington has been disrupted, Justice Department officials announced this afternoon.
Saying that the alleged "deadly plot ... [was] directed by factions of the Iranian government" and involved an attempt to hire killers from a Mexican drug cartel, Attorney General Eric Holder also said Iran will be held to account.