By Sandrine Rastello and Rebecca Christie –

U.S. President Barack Obama. Photographer: Joshua Roberts/Bloomberg

The U.S. financial system remains fragile and banks subjected to additional economic stress might need as much as $76 billion in capital, according to the results of International Monetary Fund stress tests.
The findings, released today as part of a broader IMF report [...]

NEW YORK (AdAge.com) — Unilever’s Omo detergent is adding an unusual ingredient to its two-pound detergent box in Brazil: a GPS device that allows its promotions agency Bullet to track shoppers and follow them to their front doors.

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By Ola Kinnander

July 30 (Bloomberg) — Volvo Cars’ success after its sale to Zhejiang Geely Holding Co. will hinge on building a manufacturing plant in China, the Swedish carmaker’s chief executive officer Stephen Odell said.

“When you look at the car industry in China, if you want [...]

By Mark Thomas | IRN/USA News
Russian President Dmitry Medvedev has widened the power of the Federal Security Service, giving it Soviet-era KGB powers.  Rights groups are criticizing the new law saying it could be used to stifle protests and intimidate the Kremlin’s political opponents. 
Under the new law the FSB, the main successor to the KGB, [...]

Reporting by Ben Blanchard; Editing by Sanjeev Miglani | Reuters
BEIJING (Reuters) – Chinese naval forces have carried out a series of drills in the South China Sea, the Defense Ministry said on Thursday, strategic waters which are disputed by a number of Southeast Asia countries.

By Edwin Mora | CNSNews.com
Some Mexican drug-trafficking organizations (DTOs) are involved in smuggling potential terrorists across the southwestern border, according to the Government Accountability Office.
 
“Aliens from countries of special interest to the United States such as Afghanistan, Iran, Iraq, and Pakistan (known as special-interest aliens) also illegally enter the United States through the [southwest border] [...]

 
By Marilyn M. Brannan, Assoc. Editor
IRN/USA News
July 23, 2010
Last December, when a majority of Americans were caught up in holiday preparations (and probably paying less attention than usual to the political machinations in Washington), President Obama quietly signed an executive order that makes the International Criminal Police Organization (INTERPOL), operating on our soil, immune from [...]