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The effects will be felt in various ways, some of them acute, others barely noticeable.
Justice department accuses bank of causing taxpayers more than $1bn in losses by selling toxic mortgage loans.
Obama and legislators say they are trying to avert shutdown that would hit economy when government funding bill expires.
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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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