Every year, the group Transparency International releases its Corruption Perception Index, which measures the perception of corruption – misuse of public resources, bribery, and backdoor deals, to name a few – in countries worldwide. On a scale of 0 (most corrupt) to 10 (least corrupt), no country scores a 10 and more than two-thirds of the 183 countries on the index score below a 5. The US comes in at 7.1. The index is built using data from surveys examining enforcement of anticorruption laws, tracking of public funds, kickbacks in government contracts, etc.
India dropped eight places on Transparency International's annual corruption list by watchdog, worsening its reputation.
The Africa Mercy, a charity-funded hospital ship docked in Sierra Leone, provides the most sophisticated medical facility in the region.
President Obama in Australia today pledged to boost the US military presence in the Asia-Pacific region. The significant strategic shift is popular with regional governments wary of China's rise.
The favorite to win the award, author Julian Barnes, once called the prize "posh bingo."
Protests in solidarity with 'Occupy Wall Street' occurred in US cities and around the world Saturday, sometimes drawing several thousand marchers. A key reason: Unemployment remains high, three years after a financial crisis in which banks got controversial bailouts.
Whether for love, war, or ceremony, people have been altering their appearance for thousands of years. A model displays body art during the 13th Ukrainian Open Championship for hairdressing, nail design, makeup, and body art in Kiev, Ukraine, in 2009.
New Zealand's delayed response to its oil spill emergency, described as the worst in the country's history, has been compared with last year’s Deepwater Horizon catastrophe.
NYC helicopter crash into the East River killed one passenger and injured three others. Investigators are still trying to determine why the helicopter went down shortly after takeoff from a riverbank heliport.
Stock buybacks would occur when Berkshire Hathaway stock is within 110 percent of book value. If stock buybacks happen, they would be the first in Warren Buffett's 46 years heading Berkshire.