Christmas debt boons for Greece but risks remain Greece opened its Christmas stockings early this year with an unexpected debt rating boon and European Central Bank support but analysts warn that risks remain in the troubled nation's fragile fiscal recovery.
Obama, Boehner spar on fiscal cliff, deal may go to wire US President Barack Obama and House Speaker John Boehner dueled over the fiscal cliff Wednesday, and despite narrowing differences remained stubbornly at odds over how to avoid looming tax hikes and spending cuts.
20 December 2012
World Bank ups Chinese growth projection for 2013The World Bank on Wednesday upwardly revised its projection for Chinese economic growth in 2013 from 8.1 percent to 8.4 percent, but predicted the rate would taper off in the longer run.
20 December 2012
Mexico empties prison of all its inmates after deadly riot Officials on Wednesday removed all of the prisoners -- about 500 inmates -- from a prison in northern Mexico, one day after the facility erupted in violence, leaving 15 inmates and nine guards dead.
Love online challenges Pakistan taboos Sania was just a schoolgirl when she logged onto an Internet chat room and met a young college student called Mohammad. They fell in love and decided to get married.
20 December 2012
Obama wants concrete gun proposals within a month President Barack Obama put ending an "epidemic" of gun violence at the top of his second term agenda Wednesday, denying he was "on vacation" on the issue before last week's school massacre.
Eurasian Economic Union draft to be ready by mid-2014Nazarbayev emphasized that the presidents of Kazakhstan, Russia and Belarus are intent on transforming the Customs Union and the ensuing Single Economic Space into a solid alliance that would attract other nations.
20 December 2012
US to seek death penalty in Afghan massacre case Prosecutors will seek the death penalty for an American soldier accused of killing 16 Afghan villagers in one of the most appalling atrocities of the war.
US woman crowned Miss Universe 2012 American Olivia Culpo was crowned Miss Universe 2012 late Wednesday, beating out beauties from around the world to claim the coveted title.
20 December 2012
Three astronauts blast off for ISS in Russian craft A Soyuz spacecraft carrying Russian, American and Canadian astronauts blasted off on Wednesday from the Baikonur cosmodrome in Kazakhstan bound for the International Space Station (ISS).
20 December 2012
Russia negotiates union with ex-Soviet statesRussia sought Wednesday to expand its influence over former territories during integration talks that Washington has cast as a bid to "re-Sovietise" the region.
20 December 2012
US inquiry slams 'grossly inadequate' Benghazi security A long-awaited inquiry into a deadly militant attack on the US mission in the Libyan city of Benghazi late Tuesday slammed State Department security arrangements there as "grossly inadequate."
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