Guatemalan President Otto Perez Molina has stepped down shortly after an arrest warrant was issued for him amid a corruption scandal that has rattled his government. The embattled leader decided to resign from presidency in order to confront “individually the proceedings against him,” his spokesman Jorge Ortega said on Thursday. Perez Molina’s resignation came hours after an arrest warrant was... 

Hundreds of illegal Muslim immigrants who managed to board a train from Budapest to the border with Austria have had their journey stopped by police in Hungary, where the authorities are attempting to force them to stay in a refugee camp instead. Some of the thousands of immigrants camped at Budapest’s Keleti train station who managed to get a place on a train bound for the border with Austria... 

Argentina’s central bank has ordered HSBC to remove its local CEO within 24 hours over his alleged failure to thwart terrorist financing, money laundering, and tax evasion. In March, Argentinian authorities ordered HSBC to return a mammoth $3.5bn (£2.3bn) from an array of accounts nestled offshore. Argentina had accused the scandal-ridden bank of assisting over 4,000 clients in evading taxes by... 

What if the United States lost a potential naval war to China, US analyst Harry J. Kazianis suggested, adding that there are certain grounds for such an alarmist stance. According to Senior Fellow at the China Policy Institute Harry J. Kazianis, the United States’ capability of projecting power in the Asia-Pacific is waning. “America now faces a very real threat to its ability to project... 

Wall Street plunged Tuesday after investors feared weak data from China, the world’s second-largest economy, would lead to a global recession. China’s manufacturing sector suffered its quickest deterioration in over six years, leading to a three-year market low and other sectors of the Chinese economy also slowed down significantly. In response, all three major U.S. stock indices, the Dow Jones,... 

A Chinese Navy Type 052D (Luyang II) destroyer. The US military have spotted five Chinese Navy ships operating in the Bering Sea off the coast of Alaska, marking the first time the US military has seen them in the area, the Pentagon has announced . According to a report by the Wall Street Journal, the Pentagon officials said on Wednesday that they have been tracking the movements of the Chinese vessels... 

Hungarian Prime Minister Viktor Orban has said that by mid-September, Budapest should have a package of regulations in place to tackle the growing number of migrants. He said Hungarians are ‘full of fear’ because Europe is unable to ‘control the situation.’ “We Hungarians are full of fear, people in Europe are full of fear because they see that the European leaders, among... 

The Russian Foreign Ministry building is seen in the background. Russia has warned that a recent decision by Washington to expand its list of sanctions against Russian entities would backfire, saying the move will certainly be reciprocated by Moscow. The Russian Foreign Ministry issued a statement on Wednesday, slamming the US government for expanding the list of anti-Russia sanctions, saying the move... 

“Threatening me with ruinous fines even though I’ve done nothing wrong is extortionate”. A Wyoming rancher facing more than $16 million in fines from the Environmental Protection Agency is preparing to take his case to federal court. The incident began in 2012 when Fort Bridger resident and rancher Andy Johnson built a small stock pond in order to provide water to his livestock. Shortly... 

Russian president Vladimir Putin has proposed a bill to the country’s legislature to eliminate the dollar and the euro from trade between member states of the Commonwealth of Independent States (CIS). A statement from the Kremlin said that Putin submitted to the State Duma a draft federal law which seeks an integrated currency market in the CIS. “This would help expand the use of national currencies... 

Democrats are taking the prospect of a Kanye West presidential bid seriously. West made his intention known during the 2015 MTV Video Music Awards Sunday. The Associated Press reports from Air Force One the White House has announced it is anticipating the rapper’s bid for president. Josh Earnest, Obama’s press secretary, said he looks “forward to seeing what slogan he chooses to embroider on... 

A new Ministry of Defense (MoD) report circulating in the Kremlin today states that President Putin has “modified” his order yesterday permitting the Federation to attack Islamic State of Iraq and the Levant (ISIL/ISIS) forces in the Levant War Zone (Eastern Mediterranean) after the Obama regime late last night ordered an “unexpected and highly provocative” massive nuclear war drill all along... 

The Ministry of Defense (MoD) is reporting today that President Putin has authorized air strikes against “any and all” American interests located in the Levant War Zone (Eastern Mediterranean) and has further ordered the immediately deployment to Syria of (at least) 2 air squadrons, 1 bomber squadron, 2 assault squadrons and 1 intelligence squadron whose mission will be to “target and degrade”... 

Al-Shabab militants in Somalia. Somalia’s al-Qaeda-linked al-Shabab militants have attacked an African Union (AU) base in Janale district, near Mogadishu. The militants reportedly rammed an explosive-laden vehicle into the base before storming the compound on Tuesday. The AU says its forces managed to fend off the attack. The AU force in Somalia, known as AMISOM, said AU troops were in control of... 

Last week’s historic stock market crash was caused not by China, but by the US Federal Reserve, according to former US Congressman Ron Paul. In a column published on his website Sunday, Paul blamed the crash on flawed monetary policy from the Fed, and not on China’s recent currency devaluation, as many experts said. “The Federal Reserve’s inflationary policies distort the economy,...