With Washington locked in a debt-ceiling stalemate, debt seems to be on everyone’s mind. So, how does US debt compare with that of European countries, embroiled in a debt crisis of their own? In April, the International Monetary Fund estimated that the US government's gross debt amounted to 99 percent of gross domestic product. That’s high, but less than four of Europe's five largest debtors. Editor’s note: All figures are come from International Monetary Fund’s World Economic Outlook database that was updated in April 2011. See the full statistics here.
A timeline of the precious metal's effects on the world – from gold rush to gold standard.
HTC-Highroad rider Mark Cavendish of Britain celebrates winning the 11th stage of the Tour de France 2011 from Blaye-les-Mines to Lavaur on July 13.
In the globally connected economy, financial pain in either Europe or the US has worldwide ripples.
Celebrities have a long tradition of entertaining troops. Actress and comedian Kathy Griffin (r.) and singer Katy Perry perform during the VH1 Divas Salute The Troops presented by the USO show at Marine Corps Air Station Miramar in San Diego on Dec. 3, 2010.
Rupert Murdoch's troubles in the UK could spread throughout his global media empire, say experts. A lawsuit filed Monday in Delaware may be just the beginning.
Spectators in costume cheer as the pack, or peloton, pass through the village of Le Champ Saint Pere during the first stage of the Tour de France on July 2.
Garmin-Cervelo rider Thor Hushovd (l.) of Norway leads his teammates during the team time trial in the second stage of the Tour de France 2011 cycling race in Les Essarts on July 3.
Members of the Vienna State Opera Ballet (Wiener Staatsopernballett) perform on stage during a dress rehearsal of Nureyev Gala at the State Opera in Vienna, Austria. The Ballet will premiere on June 28, 2011.