World News

PARIS (AP):French President Nicolas Sarkozy yesterday threatened to pull France out of the European Union's coveted visa-free "Schengen zone" unless the bloc makes progress on protecting EU borders from illegal immigration.

Mexican tycoon Carlos Slim has once again topped Forbes magazine's annual list of the world's richest billionaires.

French President Nicolas Sarkozy has said there are too many foreigners in France adding that the system for integrating them is not working.

BEIJING (AP):China's annual legislative session opens Monday amid a challenging leadership transition, economic fears and a day after the country announced a defence spending boost that reflects concern over a renewed United States focus on Beijing's...

NEW YORK (AP):Boomers, beware: Scams, frauds and other financial exploitation schemes targeting older Americans are a growing multibillion-dollar industry enriching the schemers, anguishing the victims and vexing law-enforcement officials who find these crimes among the hardest to investigate and prosecute.

British Petroleum says it has reached a deal worth US$7.8 billion with the largest group of plaintiffs suing the company over the 2010 Deepwater Horizon oil rig spill.

The chief of the US central bank says the US economy is continuing to recover, but the growth has been bumpy and modest.

Australian Prime Minister Julia Gillard has defeated Kevin Rudd in the Labour Party leadership ballot.

Pakistan pushed ahead Sunday with its surprise demolition of the compound where U.S. commandos killed Osama bin Laden last year, likely an attempt to erase the symbol of the colossal security failure

World powers meeting in Tunisia yesterday have called for a political solution in Syria.

US President Barack Obama has warned that there are no quick fixes for bringing fuel prices down.

Rebels in Sudan's Darfur province claim they have seized 49 African peacekeepers and three suspected Sudanese security agents.