Spain budget: Cuts to total 27bn euros this year

Spain is cutting 27bn euros ($36bn; £22.5bn) from its budget this year as part of one of the toughest austerity drives in its history. Changes will include freezing public sector workers' salaries and reducing departmental budgets by 16.9%. The…

Three US credit firms warn of security breach

Visa, Mastercard and Discover have warned that credit card holders' personal information could be at risk after a security breach. The firms said there had been "no breach" of its own system, instead blaming a third party. Security blog…

Iran crisis: US to apply fresh oil sanctions

US President Barack Obama has approved the introduction of fresh sanctions on buyers of Iranian oil. In a statement, Mr Obama said US allies boycotting Iranian oil would not suffer negative consequences because there was enough oil in the world…

Ford invests $1.3bn in Mexico plant

US car giant Ford has announced a $1.3bn (£800m) investment in its plant in the Mexican town of Hermosillo, creating 1,000 jobs. The investment will help Ford meet growing demand for its Fusion and Lincoln MKZ models, the company said. Ford has…

North Korea Says US Breaking Nuclear Deal over Rocket

North Korea said Saturday the U.S. suspension of food aid is an over-reaction to Pyongyang's planned rocket launch. North Korea announced in February it would temporarily suspend nuclear tests, long-range ballistic missile launches and nuclear…

8 Killed in Thailand Blasts

Officials in Thailand say eight people have died and at least 70 people were wounded in three bomb blasts just minutes apart in the country's insurgency-plagued south. The governor of Yala says the explosions went off Saturday around lunchtime in…

North Korea Says US Breaking Nuclear Deal over Rocket

North Korea said Saturday the U.S. suspension of food aid is an over-reaction to Pyongyang's planned rocket launch. North Korea announced in February it would temporarily suspend nuclear tests, long-range ballistic missile launches and nuclear…

Burma’s Suu Kyi Set for Public Office

Burma is finalizing arrangements Saturday for Sunday's historic election when pro-democracy campaigner Aung San Suu Kyi, who was under house arrest just over a year ago, is likely to be voted into parliament in the military-dominated country. Her…

Clinton Seeks End to Syrian Crackdown

U.S. Secretary of State Hillary Clinton continues her visit to Saudi Arabia Saturday with a meeting of regional Arab Gulf diplomats to discuss bringing an end to Syria's year-long crackdown on dissent. The meeting is a prelude to the “Friends of the…

Spike Lee apologizes for retweeting wrong Zimmerman address

Director Spike Lee issued an apology Wednesday night to a Florida couple who had to leave their home after he retweeted a message that erroneously listed their address as belonging to George Zimmerman. "I Deeply Apologize To The McClain Family…