It's bailout or chaos, PM Papademos tells Greece
ATHENS - Greek Prime Minister Lucas Papademos has told lawmakers to back a deeply unpopular international financial rescue in a vote Sunday or condemn the country to "uncontrolled economic chaos and social explosion." | Video
Schaeuble warns Greek promises no longer suffice
BERLIN - Greek promises on austerity measures are no longer good enough because so many vows have been broken and the country that has been a "bottomless pit" has to dramatically change its ways, German Finance Minister Wolfgang Schaeuble said.
Whitney Houston found dead in Calif. hotel, age 48
LOS ANGELES - Whitney Houston, whose soaring voice lifted her to the top of the pop music world but whose personal decline was fuelled by years of drug use, died on Saturday afternoon in a Beverly Hills hotel room. She was 48. | Video
Japanese emperor to undergo heart bypass surgery
TOKYO - Japanese Emperor Akihito will undergo heart bypass surgery this week after a detailed examination found a heart problem had worsened, the Imperial Household Agency was quoted as saying on Sunday.
A year since Mubarak ousted, strike call shows divisions
CAIRO - Egypt marked the first anniversary of the popular overthrow of Hosni Mubarak on Saturday, but a poor turnout for a strike called by activists to protest the slow pace of change from military rule laid bare the country's deep divisions.
Over 100,000 rally in Lisbon against austerity
LISBON - More than 100,000 people packed Lisbon's vast Palace Square on Saturday in the largest rally against austerity and economic hardships since the country resorted to an EU/IMF bailout last May, and organisers vowed to step up protests and labour action.
Whitney Houston dies, age 48
Feb. 12 - Grammy-winning Whitney Houston dies in Beverly Hills, age 48. Sophia Soo reports.
Latest Headlines
Rubber ducks explain the Greek negotiations
Is there really a done deal in Greece? The overloaded pirate ship is very precarious, and even if it manages to get everybody on board now — which is far from certain — it could still easily capsize a few months down the road. Commentary
Europe’s welfare rock has made it a hard, undemocratic place
People have been accustomed to the idea that the state should protect its people from the hardships and, in some cases, the vicissitudes of life. For many citizens, that provision, coupled with security, was the point of government. But now, as each week brings little respite, ministers, prime ministers and presidents feel powerless. Commentary
Italy’s revival brings little joy to fund managers
Many bond investors have missed the best trade of 2012 so far. Italian 10-year government debt gained 8 percent in January while many fund managers were wary. Rather than chase prices higher, those who missed the boat may find more value in other corners of the euro zone periphery. Commentary
Don’t bet against Glenstrata antitrust roadblock
Many customers see Glencore and Xstrata as one, even before their all-share merger. But that won’t stop regulators everywhere poking into Glencore’s secretive business. Market share in copper and zinc isn’t the only concern: bigger miners exert pressure on governments too. Commentary
How to end the banker backlash
There was a whiff of the lynch mob last week, and the anti-banker phenomenon is widespread. Yet nobody batted an eyelid at the prospect of Facebook's Mark Zuckerberg being worth over $20 billion - the difference being people think Zuckerberg deserves his billions. Commentary
Quebec's lessons for Scotland
OTTAWA - For Brits grappling with the idea of Scottish independence, it may be worth looking across the Atlantic, where in 1995 residents of Quebec voted on whether the province should separate from Canada. Full Article
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The twilight of the Bond King
NEWPORT BEACH, California - He is the man who made bond investing sort of sexy - and now he may pay the price.Over more than three decades, Bill Gross, co-founder of asset-management giant PIMCO, has made so much money for clients that he has become the barometer by which other bond traders are judged. But the very recipe that enabled Gross to dominate may now be conspiring against him. Full Article | Video
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