The most important news for Wednesday, May 12th, 2010....
Conservative leader David Cameron became Britain's youngest prime minister in almost 200 years after Gordon Brown stepped down and ended 13 years of Labour government.
More of the same in the U.K.? At least ten percent of the newly elected MPs have a background in international banking.
The U.S. Senate has voted 96-0 for a one-time "limited" audit of the Federal Reserve.
Does Barack Obama's nominee for the Supreme Court, Elena Kagan, have a love affair with socialism?
Three major oil industry executives agreed on one thing in a pair of Senate hearings on Tuesday: Someone else was to blame for the drilling rig accident that triggered the massive oil spill in the Gulf of Mexico.
Those living along the Gulf of Mexico are bracing for the absolute worst from this oil spill.
The World Health Organization is moving full speed ahead with a controversial plan to impose billions of dollars in global consumer taxes on such things as Internet activity and everyday financial transactions like paying bills online.
It turns out that Barack Obama urged German Chancellor Angela Merkel to support the massive European bailout of Greece.
Are Germany and France jeopardizing their AAA ratings by standing behind the debts of weaker members of the EU with their 750 billion euro stabilization fund?
Goldman Sachs has admitted that it is under investigation for helping Greece to hide its vast debts.
European Union institutions are awaiting "the fine print" of Spain's plans for additional austerity measures.
One Israeli economist is warning that Israel's massive welfare state could cause the economy of Israel to collapse.
Did a "big bet" help cause the massive plunge in the stock market last Thursday?
Others are claiming that the huge stock market plunge last Thursday was the work of the hedge fund short sellers.
The euphoria over the European bailout lasted less than 24 hours.
To get a better understanding of how Wall Street helped destroy the U.S. real estate market, just check out this article.
U.S. Attorney General Eric Holder says that Miranda rights should be "modified" for terrorism suspects.
According to a report from a leading security think tank, Iran will be able to deploy a missile capable of carrying a one-ton nuclear warhead within two years.
The CIA has reportedly received secret permission to attack a wider range of targets, including suspected militants whose names are not known, as part of a dramatic expansion of its campaign of drone strikes in Pakistan's border region.
Iran's military says that it recently warned off a U.S. reconnaissance aircraft trying to approach Iranian naval exercises.
Israeli Prime Minister Benjamin Netanyahu is accusing Iran of trying to provoke a war between Israel and Syria.
Israeli Foreign Minister Avigdor Lieberman on Tuesday accused North Korea of supplying Syria with weapons of mass destruction.
A deputy to Prime Minister Benjamin Netanyahu said on Monday that Israel "is primed" for a war with Iran.
The U.S. government says that it is carefully reviewing a Chinese decision to build two nuclear power plants in Pakistan.
A Saudi businessman has been convicted on charges of supplying counterfeit computers that were actually made in China to the U.S. military.
A Swedish artist who angered Muslims by depicting the Prophet Muhammad as a dog was assaulted on Tuesday as furious protesters interrupted his university lecture about the limits of free speech.
A mystery dog that has apparently braved the tear gas and petrol bombs of every Athens riot since 2008 has earned national fame in Greece.
Apparently just waving an American flag is enough to start a fight in some areas of the southwest United States these days.
Is the White House going to use the disaster in the Gulf of Mexico to push the climate change bill through Congress?
One week before the May 18th primary in Pennsylvania, two new polls show Rep. Joe Sestak opening a lead on Senator Arlen Specter in their fight for the Democratic Senate nomination.
Analysts are saying that the Gulf of Mexico oil spill is going to bring fundamental changes to the oil industry.
New reports claim that as many as one in five healthy young men between the ages of 18 and 25 produce abnormal sperm counts.
Approximately 1200 churches in the Netherlands are expected to close in the next ten years.
Police officers in the U.K. have been given the right to take days off to dance naked on the solstices, celebrate fertility rituals and burn Yule logs if they profess pagan beliefs.
More than 100,000 stray dogs, running wild through the streets of the Romanian capital Bucharest, are to be hunted down and killed within two weeks unless they are rescued by families willing to give the wild animals a safe home.
The number of earthquakes greater than magnitude 4.0 in Southern California has increased significantly in 2010.
Apple has gone on the record to confirm that the original deal signed with AT&T for iPhone exclusivity back in 2007 was a five year deal.
According to a new report, the state of Delaware missed several red-flag warnings that could have led to an earlier arrest of pediatrician Earl Bradley, who is accused of raping or abusing more than 103 children since 1998.
Lastly, an Australian documentary maker has convinced several young people to appear in a reality television program in which they auction their virginity to the highest bidder.
