World to welcome in New Year with a bangSydney will Monday kick off a wave of dazzling firework displays welcoming in 2013 from Dubai to Paris and London, with long-isolated Yangon joining the global pyrotechnics for the first time.
Spain faces 207-bn-euro headache in 2013 Spain defied the markets by averting a sovereign bailout this year but high interest rates could yet force Madrid to its knees as the nation confronts a 207-billion-euro ($274 billion) financing headache in 2013.
31 December 2012
Vatican backs Monti, the anti-Berlusconi The Vatican has thrown its weight behind outgoing prime minister Mario Monti, ditching the scandal-hit Silvio Berlusconi in favour of a practising Catholic they hope may lead Italy after February's general election.
Talks stall as fiscal cliff looms Two days of last-gasp talks produced no deal Sunday between US political leaders struggling to averting a fiscal calamity due to hit the American and world economy within hours.
31 December 2012
Dried squash holds headless French king's blood: study Two centuries after the French people beheaded Louis XVI and dipped their handkerchiefs in his blood, scientists believe they have authenticated the remains of one such rag kept as a revolutionary souvenir.
9 dead after bus careens into Oregon ravine A Canada-bound bus crashed through a guard rail on an icy road in Oregon on Sunday and careened into a ravine, killing at least nine people and injuring at least 26 others.
31 December 2012
Merkel steels Germans for 'more difficult' 2013 Chancellor Angela Merkel warned Germans that the economy, Europe's biggest, would experience a harder time next year than in 2012 and cautioned too that the eurozone debt crisis was far from over.
31 December 2012
US backs Argentina in debt restructring case The US gave strong support to Argentina on Friday in the Latin American country's legal battle with hedge funds over the repayment of $1.3 billion to holders of defaulted bonds.
Obama signs law against Iran's influence in Latin America President Barack Obama enacted a law Friday to counter Iran's alleged influence in Latin America, through a new diplomatic and political strategy to be designed by the State Department.
31 December 2012
Senate renews warrantless surveillance act The Senate approved a five-year extension Friday of a George W. Bush-era surveillance law that allows US spy agencies to conduct wiretapping on foreign citizens without a warrant.
31 December 2012
Obama 'modestly optimistic' for fiscal deal President Barack Obama said Friday he was "modestly optimistic" a last-minute deal was possible with Republicans to avert a "fiscal cliff" crisis that could spark a recession and rock global markets.
30 December 2012
Tour de France champ Wiggins knighted in New Year honours Tour de France winner Bradley Wiggins led a parade of Olympic champions whose achievements in a remarkable summer of sport in Britain were recognised in the New Year Honours list on Saturday.
30 December 2012
Apple to drop patent claims against Samsung phone Apple has agreed to drop its patent claims against Samsung's Galaxy S III Mini after the South Korean rival said it would not sell the gadget in the United States.
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