The Brazilian government has announced trade sanctions against a variety of American goods in retaliation for illegal US subsidies to cotton farmers.

The EU warned the United States against protectionism after a European-led consortium pulled out of the bidding for an Air Force contract, saying the terms had been altered to favor a [...]

US President Barack Obama has criticised insurance firms for denying coverage to some and raising rates for their remaining customers.

Israel ‘risking peace talks’ with West Bank building by authorizing the building of 112 new apartments in a Jewish settlement in the West Bank.

Hundreds of people, including many women and children, were killed [...]

A massive earthquake in Chile has left at least 700 people dead and over one million homes damaged. The magnitude 8.8 quake also caused a tsunami that threatened the island of Hawaii but washed ashore before it could create major damage. A geophysicist at the Pacific Tsunami Warning Center said Hawaii “dodged a bullet.”

A New [...]

Senate Majority Leader Harry Reid (D-Nev.) began to make the case for using a majority-vote process to move the final piece of health care reform through the Senate and he slammed the procedure’s GOP critics. Known as budget reconciliation, the maneuver requires 51 votes and can’t be filibustered. In related news, Senate Minority Leader [...]

Russia joined America and France in open criticism of Iran’s nuclear program as China came under pressure not to block a move to tighten UN sanctions on the Islamic Republic.

Taking a step to normalize lending after holding interest rates to extraordinary lows for more than a year to prop up the financial [...]

Facebook and Paypal may be entering into a strategic partnership, which will allow facebook users to buy facebook credits with their paypal account.

An “ongoing attempted coup d’état” was taking place Thursday in the Republic of Niger, according to the Niger Embassy in London, England. The African Union has now suspended Niger.

Investment banks will this year [...]

With much of his legislative agenda stalled in Congress, US President Barack Obama and his team are preparing an array of actions using his executive power to advance energy, environmental, fiscal and other domestic policy priorities.

In the age of growing Chinese influence, Thailand becomes another nation that won’t stamp the Dalai Lama’s passport, [...]