Why America spends while the world saves.

Victor Cha discusses the future of North Korea after Kim Jong-il's death.

U.S.-Pakistan ties deteriorated significantly in the past year, and the anti-American rhetoric in Pakistani media, especially television, reached a crescendo.

Prince Philip, Queen Elizabeth's 90-year-old husband, leaves a Cambridgeshire hospital after a successful emergency surgery on a blocked artery.

China unveils a 500 kilometre per hour train and a new high-speed rail link as it pushes its ambitious rail program forward.

An Italian couple is under arrest in Brazil, accused of carrying 700 pounds of cocaine on their sailboat.

Survivors of Nigeria's Christmas day church blast hold prayers for victims.

A countdown of the top 11 political stories that shaped 2011.

K.T. McFarland reacts to news that Ali Abdullah Saleh is seeking to receive medical treatment in the United States.

An expert on Iran-Iraq relations says there is no reason to suspect Iran and Iraq are going to be allies anytime soon.

David Kuo of The Motley Fool U.K. weighs in on the European markets and what will impact them in the year to come.

Who’s behind the most recent terror attack?

Tom Foreman reports on continuing bloodshed in Syria despite international condemnation.

Andrew Tabler of the Washington Institute for Near East Policy discusses the Arab League sending monitors into Syria.