World News Headlines

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• ECB's Draghi: 'Imperative' to set up new bank body

  European Central Bank President Mario Draghi says it's "imperative" to create an agency with powers to restructure busted banks so that Europe can leave its economic and financial crisis behind.

• Brazil police arrest 9 for abusing Indian girls

  Brazil's Federal Police say nine people have been arrested on suspicion of sexually abusing Indians girls in the northern state of Amazonas.

• British Ministry of Defense pays tribute to 'loving father' killed in UK terror attack

  The British Ministry of Defense paid tribute Thursday to the soldier stabbed to death in the middle of a London street by two Muslim terrorists, describing him as “popular and witty” and a “loving father.”

• Greeks to see no tax relief until budget improves

  Greece's conservative-led government can't lower taxes before the public deficit falls further, the prime minister said Thursday, but he pledged to eventually slash the corporate tax rate to a flat 15 percent.

• Embattled Toronto mayor fires chief of staff

  City officials say Toronto Mayor Rob Ford has fired his chief of staff.

• Riots in Sweden raise questions about nation's egalitarian culture

  Sweden has long been a bastion of generous social welfare and an egalitarian political culture. So many people were shocked when scores of youths hurled rocks at police and set cars ablaze during rioting in several largely immigrant areas near Stockholm this week.

• Sweden's riots raise questions about inequality

  Sweden has long been a bastion of generous social welfare and an egalitarian political culture.

• Military calls UK attack victim a model soldier

  Britain's military says the soldier brutally murdered in a suspected terrorist attack was a popular drummer and machine gunner, a father, and a passionate fan of Manchester United.

• Israel to discuss military draft reform proposal

  An Israeli committee has handed the government its proposal for ending a system granting Jewish ultra-Orthodox seminary students automatic exemptions from military service.

• Turks and Caicos recovers cash, land amid probe

  Officials in the Turks and Caicos Islands have recovered $19.5 million and more than 2,500 acres (1,000 hectares) of real estate as they continue to seize assets improperly obtained by corrupt politicians.