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European banks fail review of their finances designed to check their financial health.
Credit rating agency says move prompted by economic recession and government austerity measures that have hurt demand.
Credit rating of Societe Generale and Credit Agricole cut by Moody's because of their exposure to Greek debt.
Precious metal surpasses $1,600 an ounce as investors worry about potential US debt default and European debts.
How credible are stress tests and what impact will they have on the Eurozone's economy?
Failing entities advised to move to strengthen their financial cushions, as eurozone fights growing debt crisis.
The lower house gives final approval for $67bn in financial measures to reduce debt over the next three years.
Italian politicians in agreement over $99bn cuts ahead of vote, while European banks brace for stress test results.
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UNHCR says hundreds of people trapped in Yaloke town risk death if they are not evacuated to safety urgently.
'Justice for All' demonstrations swell across the US over the deaths of African Americans in police encounters.
Six former Guantanamo detainees are now free in Uruguay with some hailing the decision to grant them asylum.
Disproportionately high number of Aboriginal people in prison highlights inequality and marginalisation, critics say.
 
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