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President of European Central Bank says move addresses "unfounded" fears of investors concerning survival of the euro.
Warning sounded as IMF says its financial resources would not be enough to meet potential needs.
Germany and France announce closer co-operation on tax and labour policies, but reject call to increase EU bailout fund.
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Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Israel's Operation Protective Edge is the third major offensive on the Gaza Strip in six years.
Muslims and Arabs in the US say they face discrimination in many areas of life, 13 years after the 9/11 attacks.
At one UN site alone, approximately four children below the age of five are dying each day.
 
 
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