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Jamie Dimon tells US senators trading strategy that led to bank's $2bn loss was "poorly conceived and vetted".
Top regulator tells senators that risk management at US's biggest bank was not up to job of preventing $2bn loss.
More conservatives are shifting their positions on Iraq, Afghanistan, and military spending.
Republicans can wrest control of senate if ailing senator is replaced.
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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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