From the Magic Kingdom to the Apollo Theater, President Barack Obama on Thursday made the case for American tourism and his own re-election bid, mingling his political and economic agendas as he tried to stay ahead of the Republicans chasing after his job. Read More
Portugal's recession will deepen this year under the weight of austerity measures meant to reduce public debt, the bailed-out country's central bank predicted Tuesday.
Portugal is trying to free itself from a huge debt burden that forced it to ask for a €78 billion ($100 billion) financial rescue package last year to avoid bankruptcy. Read More
In a likely preview of the general-election argument to come, Vice President Joe Biden and GOP presidential candidate Mitt Romney traded barbs Friday over whose economic policies are best for the country. Biden said Romney's would leave most people behind while the Republican said Biden and President Barack Obama live in "fantasyland" for thinking their policies are helping. Read More
EU foreign ministers failed Thursday to reach an agreement to impose an oil embargo against Iran — a measure that some argued would have choked off funding for Iran's alleged program to develop nuclear weapons.
But the ministers, incensed by the attack Tuesday by an angry mob on the British embassy in Tehran, did impose a new round of sanctions targeting dozens of people, groups and businesses in the country. Read More
The Arab League on Wednesday confirmed the suspension of Syria from the organization and gave its government three days to halt the violence and accept an observer mission or face economic sanctions.
The ministers announced their decisions in a statement after an emergency meeting in Rabat, Morocco. Read More