The war between Israel and Gaza drove the Palestinian economy of Gaza and the West Bank into its first contraction since 2006, the International Monetary Fund said.
The IMF said it would begin working on alternatives to its stalled, five-year-old reform program after passing another year without the required ratification.
Fast-food giant McDonald's replaced president and chief executive Donald Thompson, after the company turned in another poor quarter of sales and earnings last week.
Prime Minister of Kazakhstan Karim Massimov has met with Prime Minister of Luxembourg Xavier Bettel during the World Economic Forum (WEF) in Davos, Switzerland.
Google boss Eric Schmidt predicted that the Internet will soon be so pervasive in every facet of our lives that it will effectively "disappear" into the background.
President of Kazakhstan Nursultan Nazarbayev has discussed the situation in Ukraine as well ask sanctions against Russia during a phone call initiated by the American President Barak Obama.