The European Central Bank's decision to exempt itself from taking losses on its Greek bonds may push up borrowing costs of other debt-strained euro zone countries, Standard & Poor's said on Friday.
Following are comments from policy-makers at the Group of 20 finance ministers and central bankers meeting in Mexico City.
The Supreme Court will weigh next week whether corporations can be sued in the United States for suspected complicity in human rights abuses abroad, in a case being closely watched by businesses concerned about long and costly litigation.
On Thursday night, the Maryland state senate passed a bill to legalize same-sex marriage. Two weeks earlier, a committee held a hearing on the proposed legislation. That's when A. Wade Kach, a Republican delegate who had previously opposed same-sex marriage, changed his mind.
The former Wisconsin senator and Obama campaign co-chair slammed the Republican candidate as extreme and hateful, calling his view of the world shocking and claiming the candidate, whose remarks have caused controversy in recent weeks, is the last man Americans should put in the White House in the 2012 presidential election.
The latest Hong Kong census reports that Mandarin has surpassed English as the second most spoken language in Hong Kong.
Egyptian presidential hopeful Abdul Moneim Abul Futuh is in intensive care after he was carjacked on the outskirts of Cairo.
Federal Reserve Bank of San Francisco President John Williams defends the Fed's aggressive monetary policy, citing continuing reverberations from the housing crash.
Former New York City Mayor and 2008 Republican presidential candidate Rudy Giuliani said in a television interview Thursday that the Republican Party's stances on some social issues, gay rights in particular, make it look like it isn't a modern party.
Italy has been fined by a European court for violating the human rights of African migrants.
The upcoming March 5 issue of TIME magazine features portraits of 20 Latino men and women, explaining how Latino influence in Arizona will be crucial in the upcoming election with the title Yo Decido: Why Latinos will pick the next President. However, not all of the featured faces were of Latinos prompting the magazine to apologize for remarks that could be deemed as racist.
Russia and China have both boycotted the Tunis summit, rejecting its aims as promoting “interference” in Syria’s internal affairs
Treasury officials announced Thursday the freezing of the financial assets held by Japan's Yamaguchi-gumi yakuza family, its leaders, and members of the Brothers' Circle.
On Thursday night, comedian Bill Maher publicly announced his intention to donate $1 million to the super PAC supporting the reelection of President Barack Obama.
Shepard Fairey, who created the iconic Hope poster during President Barack Obama's 2008 primary campaign, pled guilty to creating false documents and deleting evidence in his legal fight with The Associated Press.
Just hours after UK Foreign Secretary William Hague said that Britain officially recognizes the Syrian National Council as a legitimate representative of Syrian people, the SNC won an unusual ally in the Palestinian resistance movement Hamas.
Greece formally launched a bond swap offer to private holders of its bonds on Friday, setting in motion the largest-ever sovereign debt restructuring in the hope of getting its messy finances back on track.
Japan is attending the “Friends of Syria” peace summit in Tunisia, which is seeking answers to relieve the suffering of the Syrian people and to put an end to Assad’s crackdown
New York City released evaluations of some 18,000 public schools teachers to news organizations that had requested the information on Friday, overriding the strenuous objections of the teachers union.
On Thursday, Rachida Dati, a staunch supporter of Nicolas Sarkozy and a former Minister of Justice, appeared alongside the incumbent French president at his second largest UMP campaign meeting in Lille. Whether she will play a large role in Sarkozy's presidential campaign for re-election remains debatable.
This comes as something of a breakthrough since Assad had long provided a sanctuary for Hamas exiles.
Leaders of the Palestinian Islamist movement Hamas turned publicly against their long-time ally President Bashar al-Assad of Syria on Friday, endorsing the revolt aimed at overthrowing his dynastic rule.
The UK has officially recognized the Syrian opposition as a legitimate representative of the county's citizenry.
Finance ministers and central bank chiefs from the Group of 20 countries will meet this weekend in Mexico City to tackle the euro zone's debt crisis and the prospect of replenishing the International Monetary Fund.
Former Prime Minister Rudd, who was ousted by Gillard in June 2010, said Australians had lost trust in her leadership of the Labor party, which was headed for disaster at the next elections due in late 2013.
Next week will be packed with important data releases. The key policy event will be Chairman Bernanke's semi-annual policy testimony before Congress.
Just when you thought it was over, reporters have dug up more controversial details about Sarah Palin's tenure as governor of Alaska.
Thousands of Syrians have fled to Jordan amidst the waves of violence currently wracking their home country. As Syrian President Bashar al-Assad continues to lay siege to a number of cities in the country, the influx of Syrians escaping to the south is expected to grow.
India’s role at the summit will be “observational.”
Comedian and political commentator Bill Maher publicly donated $1 million dollars to a super PAC supporting President Obama's re-election Thursday during a live web broadcast of his comedy special, CrazyStupidPolitics: Live from Silicon Valley.
