Jul 10, 2014

Europe tightens curbs on organ trafficking

The Council of Europe adopted a new international convention on Wednesday making organ trafficking a criminal offense, giving the police greater scope to hunt mafia groups involved in cross-border trade. The new convention calls on governments to make it illegal for donors to be ...

Crimea euphoria fading for Russians

Jul 8, 2014

Crimea euphoria fading for Russians

When she was asked to give up a day’s pay to help Crimea, Russian hospital therapist Tatyana could not hide her anger. Why should she subsidize others when struggling to make ends meet herself? Living in southern Russia close to the border with Ukraine, ...

Jul 3, 2014

Sarkozy fights back in face of corruption charges

Former President Nicolas Sarkozy has accused France’s justice system of trying to “humiliate” and “destroy” him, after he was charged in a corruption probe that could spell trouble for his future political ambitions. The former conservative party leader fought back in a broadcast interview ...

Jul 1, 2014

Whole town up for sale in South Dakota

Prospective buyers who want to be masters of their own domains could turn to southwestern South Dakota, where an entire town can be purchased for $399,000. The owner of Swett (pronounced “sweat”) is selling the roughly 6-acre (2.5-hectare) town, which includes a tavern, a ...

Rome's Trevi Fountain gets face-lift

Jul 1, 2014

Rome's Trevi Fountain gets face-lift

Rome unveiled the most drastic face-lift for the Trevi Fountain in its 252-year history on Monday, the latest in a series of privately funded restorations to Italy’s prized landmarks. The stone rendering of Tritons guiding the shell chariot of water god Oceanus will be ...

BNP Paribas fined $8.9 billion over deals with Iran, Cuba, Sudan

Jun 30, 2014

BNP Paribas fined $8.9 billion over deals with Iran, Cuba, Sudan

French bank BNP Paribas has agreed to pay U.S. authorities an $8.9 billion fine to avoid being tried in court for dealing with U.S.-blacklisted countries, sources close to the matter said. The deal ends months of haggling which saw French President Francois Hollande pressing ...

Barclays bank sued by N.Y. attorney general after fraud allegations

Jun 26, 2014

Barclays bank sued by N.Y. attorney general after fraud allegations

British banking and financial services firm Barclays PLC misled large institutional investors and other clients by falsely telling them it was taking measures to protect them from predatory high-frequency traders, New York’s attorney general said Wednesday. The allegations against Barclays were contained in a ...

Spain's Princess Cristina must face fraud charges, judge rules

Jun 26, 2014

Spain's Princess Cristina must face fraud charges, judge rules

A Spanish judge ruled Wednesday that King Felipe’s sister, Princess Cristina, and her husband should face fraud charges, opening the way to an unprecedented criminal trial. Six days after Felipe, 46, came to the throne promising an “honest and transparent” monarchy, the decision refocused ...

Jun 17, 2014

Bitcoin faces biggest threat yet: a 'miner' takeover

The Bitcoin digital currency system is in danger of losing its credibility as an independent payment system because of the growing power of a group that runs some of the computers behind it. In recent weeks, a British-based “mining pool” called GHash has amassed ...

Argentina won't submit to 'extortion' on debt to U.S.

Jun 17, 2014

Argentina won't submit to 'extortion' on debt to U.S.

Argentina’s president is refusing to go along with a U.S. judge’s ruling requiring a $1.5 billion repayment of defaulted bonds, even though the U.S. Supreme Court rejected her government’s appeals and left the order in place. In a national address Monday night, Cristina Fernandez ...

Income gap widens as jobs dry up

Jun 16, 2014

Income gap widens as jobs dry up

In August 2008, factory workers David and Barbara Ludwig both treated themselves to new cars. With David making $22 an hour and Barbara $19, they could easily afford the payments. A month later, Baldwin Hardware, a unit of Stanley Black & Decker Corp., announced ...