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Barack Obama has said the US must fix what he described as profound income inequality and a lack of social mobility

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President Barack Obama has said the US must fix what he described as profound income inequality and a lack of social mobility. He called for...

The European Commission has fined eight banks a total of 1.7 billion euros for forming illegal cartels to rig interest rates

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The European Commission has fined eight banks a total of 1.7 billion euros for forming illegal cartels to rig interest rates. The cartels operated in...

President Barack Obama is planning to rally support for ObamaCare

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President Barack Obama is planning to rally support for ObamaCare and stem a wave of bad publicity over his flagship domestic achievement. The president was...

Juan Orlando Hernandez has been declared the winner of Sunday’s presidential poll in Honduras

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Juan Orlando Hernandez has been declared the winner of Sunday’s presidential poll in Honduras. "Today's figures indicate clearly that the winner of the election is...

PM Yingluck Shinawatra has survived a no-confidence vote in parliament, amid major street protests in Bangkok

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Thailand’s PM Yingluck Shinawatra has survived a no-confidence vote in parliament, amid major street protests in Bangkok. The motion was brought by the opposition Democrat...

The marketplace website allowing employers to buy health coverage for their workers will be put off by one year until November 2014

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The White House has announced another delay to its healthcare law, this time to online medical insurance for small businesses. The marketplace website allowing employers...

Silvio Berlusconi could face arrest over other criminal cases as he has lost his immunity from prosecution

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The Italian Senate has voted to expel former PM Silvio Berlusconi from parliament with immediate effect over his conviction for tax fraud. Silvio Berlusconi, who...

Chancellor Angela Merkel could be sworn in for a third term in office next month if SPD members ratify the deal

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Angela Merkel's CDU/CSU has agreed terms for a coalition with the centre-left Social Democratic Party (SPD), German officials say. The late-night deal follows talks by...

Silvio Berlusconi faces expulsion from parliament over his conviction for tax fraud

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Former Italian PM Silvio Berlusconi faces expulsion from parliament over his conviction for tax fraud. The Senate will vote later on whether to expel the...

Both main candidates in the presidential election in Honduras are claiming victory

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Both main candidates in the presidential election in Honduras are claiming victory. With 42% of votes declared, the conservative Juan Orlando Hernandez leads with 34.15%,...

Henrique Capriles has told a crowd of supporters not to feel intimidated and to vote in upcoming local elections

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Henrique Capriles - Venezuela's opposition leader - has told a crowd of supporters not to feel intimidated and to vote in upcoming local elections. Speaking...

Mohamed Ould Abdel Aziz was elected as president a year after seizing power

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Mauritania has decided to hold parliamentary and local elections - the first since a military coup five years ago – despite opposition’s boycott. The party...

Federal Reserve's stimulus efforts will be cut in the coming months

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Federal Reserve's stimulus efforts will be cut in "the coming months", the central bank’s officials confirmed. They believe that the US recovery is strengthening, according...

OECD has cut global growth forecasts for 2013 and 2014 after weak prospects in emerging markets

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The Organization for Economic Co-operation and Development (OECD) has cut global growth forecasts for 2013 and 2014 after weak prospects in emerging markets. Global GDP...

Jep Robertson endorsement helped Vance McAllister to win Louisiana Congress seat

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Newly elected Louisiana Congressman Vance McAllister said the endorsement by the Duck Dynasty fame might have given him a leg up in winning Saturday's...

Dow Jones index rose above 16,000 points for the first time and the broader Standard and Poor's passed through the 1,800

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Dow Jones index rose above 16,000 points for the first time and the broader Standard and Poor's passed through the 1,800. Traders are optimistic about...

Republican Vance McAllister, who was endorsed by Duck Dynasty's Willie Robertson, won a Louisiana special election for Congress

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Political newcomer Republican Vance McAllister, who was endorsed by Duck Dynasty's Willie Robertson, won a Louisiana special election for Congress on Saturday. Vance McAllister defeated...

President Glafcos Clerides is the man who steered Cyprus into EU

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Cyprus ex-President Glafcos Clerides, who oversaw his country's entry into the EU in 2004, has died at the age of 94 in a Nicosia...

Kosovo's ethnic Serbs northern part of Mitrovica are casting their ballots again, after elections two weeks ago ended in chaos

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Kosovo's ethnic Serbs northern part of Mitrovica are casting their ballots again, after elections two weeks ago ended in chaos. Masked men set off tear...

Silvio Berlusconi has relaunched Forza Italia party as his People of Freedom party split between his supporters

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Former PM Silvio Berlusconi has relaunched Forza Italia (Go Italy) party as his People of Freedom (PDL) party split between his supporters. "I am happy...

Abdulla Yameen is half-brother to Maumoon Abdul Gayoom, who ruled for 30 years in Maldives

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According to near-final results, Abdulla Yameen has won the presidential election run-off vote in the Maldives. Abdulla Yameen had 51.3% of the vote compared with...

Supreme Court in Guinea has upheld September's election results which saw President Alpha Conde's RPG party winning the most seats

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Supreme Court in Guinea has upheld September's election results which saw President Alpha Conde's RPG party winning the most seats. Opposition parties have tried to...

In future, Chinese families will be allowed two children if one parent is an only child

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China has decided to relax its policy of restricting most couples to having only a single child, state media announces. In future, families will be...

The European Commission has warned Italy and Spain that their draft budgets for 2014 may not comply with new eurozone debt and deficit rules

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The European Commission has warned Italy and Spain that their draft budgets for 2014 may not comply with new eurozone debt and deficit rules. The...

Nicolas Maduro says he will use the special powers to tackle corruption and the economic crisis

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Venezuela's National Assembly has helped President Nicolas Maduro to move closer to decree powers. Under the new measures Venezuela’s president would be able to govern...