Treasury Secretary Janet Yellen's admission that the government is picking winners and losers in the bank bailout process, particularly disadvantaging community banks, could lead to the consolidation of banking power in the hands of a few large institutions, according to critics.
The International Criminal Court (ICC) issued an arrest warrant against Russian President Vladimir Putin on charges of illegally deporting children from Ukraine, making him the third serving president to receive an ICC arrest warrant, though Putin is unlikely to face trial soon, according to Reuters.
Hunter Biden is suing a computer repair shop owner over allegations that he illegally obtained and distributed sensitive personal data from a laptop, which is at the center of a congressional investigation.
James O'Keefe has launched the O'Keefe Media Group, a new media venture that will train and equip citizen journalists to conduct their own undercover reporting, following his ousting from Project Veritas.
Ohio Attorney General has filed a civil lawsuit against Norfolk Southern over a train derailment that caused the release of over one million gallons of hazardous chemicals.
Pope Francis expressed concern over the expulsion of monks from the Kiev Pechersk Lavra, following an appeal by the head of the Russian Orthodox Church.
Russia's banking system is largely shielded from the negative effects of the U.S. crisis due to the country's limited connections with the international financial system, says Russian press secretary.
