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Economy and Politics news articles.

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Sri Lanka has voted in an unexpectedly close election that pits President Mahinda Rajapaksa against one of his former allies. Mahinda Rajapaksa, in office since...

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President Barack Obama has threatened to veto the bill approving the controversial Keystone XL pipeline if it passes Congress, the White House has announced. It...

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Brent crude oil price has fallen to $51.12 per barrel, its lowest level since March 2009. It follows yesterday's 6% plunge in prices. The fall appeared...

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Bob McDonnell has been sentenced to two years in jail for public corruption. The 60-year-old ex-Virginia governor was convicted on 11 charges in September 2014,...

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John Boehner has survived a House rebellion by winning a third term as House speaker after Republicans took control of both chambers for the...

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The US oil price has dropped below $50 a barrel for the first time since April 2009. The price of Brent crude also fell on...

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The euro has reached a nine-year low against the US dollar as investors predicted the European Central Bank (ECB) may act to stimulate the...

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The first black senator popularly elected in the US, Edward Brooke, has died aged 95, Republican Party officials say. Edward Brooke was elected to Congress...

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Former New York Governor Mario Cuomo has died just hours before his son Andrew was inaugurated for a second term as governor, family sources...

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Best-selling author of Capital in the 21st Century Thomas Piketty has turned down France's top award, the Legion D'Honneur. The French economist said: "I do...

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George W. Bush’s younger brother, Jeb Bush, has reportedly scaled back his business commitments as he thinks seriously about a 2016 White House run. One...

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President Yahya Jammeh has returned to The Gambia after a reported coup attempt, sources say. Heavy gunfire was heard near the presidential palace in Banjul...

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Beji Caid Essebsi has been sworn in as Tunisia’s president after winning the country's first free presidential poll. Beji Caid Essebsi, 88, secured victory last...

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Venezuela’s economy has entered recession, after contracting for the third consecutive quarter of the year. The Central Bank announced that the economy had shrunk by...

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Alexei Navalny and more than 100 other demonstrators have been arrested at a rally in central Moscow, activists say. The Russian opposition leader had urged...

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Greece’s parliament has rejected the presidential candidate nominated by PM Antonis Samaras, triggering a snap general election. Stavros Dimas failed to reach the necessary 180...

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Croatia is voting to elect a new president, with the poll seen as a test for the main political parties. The incumbent, Ivo Josipovic, is...

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A Turkish teenager has been arrested on charges of insulting President Recep Tayyip Erdogan, according to local media. The 16-year-old high-school student was arrested on...

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Beji Caid Essebsi has been confirmed as winner of Tunisia's first free presidential poll. The veteran politician secured 55.68% of the vote in Sunday's run-off,...

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Tunisian candidate Moncef Marzouki has refused to admit defeat in the country's first free presidential election after exit polls suggested Beji Caid Essebsi had...

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Tunisia is choosing its first freely elected president in a run-off election seen as a landmark in the country's move to democracy. Secular-leaning Nidaa Tounes...

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Liberia is voting in an election that was postponed in October because of the Ebola outbreak. Liberians are choosing representatives to the country's senate. Among the...

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President Barack Obama has signed an executive order banning the export of goods, technology and services to Crimea. The executive order also imposes new sanctions...

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For the first time in decades, South Korea has banned a political party with a court ordering the organization accused of supporting North Korea...

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Oklahoma and Nebraska have asked the US Supreme Court to nullify a 2012 law that made marijuana legal in Colorado. The two states allege that...