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World Bank Group president Jim Yong Kim revealed in an internal memo on Friday that he plans to cut 500 global jobs and cancel about 70 open vacancies over the next three years. However, he also said the bank plans to create nearly 300 new job positions in India, mostly in Chennai. The move follows...

This year's NATO-Industry Forum will be held in the Croatian city of Split on November 13, the western military alliance confirmed Friday. According to NATO, the event will provide the first major opportunity for NATO and defense industry representatives to discuss security needs and priorities since...

Baskut Tuncak, the new United Nations Special Rapporteur on human rights and toxic waste, on Friday urged governments around the world today to expedite the ratification process of the Minamata Convention on Mercury, a global treaty to protect human health and the environment from the adverse effects...

US Defense Secretary Chuck Hagel has thanked Albanian Defense Minister Mimi Kodheli for her leadership in Albania's support to the Iraqi government in the fight against ISIL (Islamic State of Iraq and the Levant) militant group, according to a Pentagon spokesperson. Pentagon Press Secretary Navy Rear...

Still reeling from a devastating famine which struck the countryside in 2011, Somalia once again sits on the brink of another humanitarian crisis as a poor rainy season followed by severe bouts of floods threaten local harvests, the United Nations agriculture agency warned Friday. The UN Food and...

One person was killed after Virgin Galactic's SpaceShipTwo space tourism craft crashed in a desert in the US state of California, US media reported Friday. Media reports indicate that the lone fatality in the crash, which happened during a test flight over the Mojave desert, was one of the two pilots...

Obama2-103114.jpg With the midterm elections looming, President Barack Obama delivered a speech in Rhode Island on Friday touting the economic progress that has occurred during his administration.

Obama-shooting-103114.jpg While support for stricter gun sale laws spiked after the Newtown school shooting in December of 2012, the results of a new Gallup poll show that support has pulled back sharply in the two years since then.

Timcook-103014.jpg A well-known Russian political operative is speaking out against Tim Cook after the Apple CEO publically came out as gay earlier this month. Vitaly Milonov, who is best known within the country for writing the law that shaped Russia's anti-gay legislation, is pushing to have Cook completely banned from Russia.

blackfriday-103114.jpg A number of major retailers will be open on Thanksgiving for early Black Friday shopping events. Kohl's department stores will kick off Black Friday sales two hours earlier this year, at 6 p.m. Thanksgiving Day, while Macy's, Bon-Ton and Best Buy will open at the same time. J.C. Penney and Sears...

ChicagoPMI-103114.jpg Business activity in the Chicago area unexpectedly increased at a notably faster rate in the month of October, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer jumped to 66.2 in October from 60.5 in September.

Shopping-103114.jpg Consumer sentiment in the U.S. improved by more than previously estimated in the month of October, according to a report released by Thomson Reuters and the University of Michigan on Friday. The report said the final reading on the consumer sentiment index for October came in at 86.9 compared to the mid-month reading of 86.4.

A highly trained team of US soldier-scientists who are part of an Army expeditionary laboratory unit is deploying to Liberia for up to a year to establish four labs outside the Liberian capital Monrovia and contribute to the U.S. effort to halt Ebola outbreaks in West Africa. The 1st Area Medical...

PersonalIncome-103114.jpg Personal spending in the U.S. unexpectedly decreased in the month of September, according to a report released by the Commerce Department on Friday, with the drop in spending accompanied by weaker than expected personal income growth.

US police have arrested a man who has been on the run for seven weeks after the fatal shooting of a police officer. Eric Frein, the alleged shooter of two Pennsylvania State Police troopers, has been taken into custody, Pennsylvania State Police confirmed on Thursday. The 31 year-old fugitive, who...