A hit imposed on Cypriot bank depositors by the eurozone has shocked and alarmed politicians and bankers who fear the currency bloc has set a precedent that will unnerve investors and citizens alike.
U.S. President Barack Obama visits Israel next week at the onset of spring — the “red line” previously drawn by his host, Prime Minister Benjamin Netanyahu, to trigger an attack on Iran's nuclear sites.
After nearly four years of often testy relations with Benjamin Netanyahu, U.S. President Barack Obama is about to try a different tack — going over the head of Israel's prime minister and appealing directly to the Israeli people.
The promise of a resources boom has Greenland's locals both eager and anxious, while the European Union sees it as a battleground with China, but the island is still a long way from producing anything.
Edith Windsor and Thea Spyer, the lesbian couple at the center of a major gay rights case set to go before the U.S. Supreme Court this month, were in many ways a typical New York power couple.
Six months ago China's state media was lauding North Korea as a great place to invest as both countries tried to promote a cross-border economic zone.
New U.N. steps against North Korea over its nuclear arms program were designed to bring its sanctions regime more in line with the tough restrictions Iran is facing, but fears remain that the measures will have little impact on Pyongyang's defiant leaders.
Ronald Reagan had a catchphrase when faced with a crisis, especially a synthetic “crisis” of the kind Washington loves to concoct. He would call in the officials and media advisers rushing manically around the West Wing and calmly tell them: “Don't just do something — stand there.”
Italian comic-turned-activist Beppe Grillo has blazed a trail for populist political movements around Europe by taking his Five Star Movement (M5S) from obscurity to become Italy's largest party in its first general election campaign.
Fresh U.N. sanctions are unlikely to halt North Korea's nuclear program given that seven years of previous measures from the world body and more than 50 years of U.S. penalties have failed to dissuade North Korea from trying to develop banned weapons.