Bloomberg A European Union bad bank would go a long way towards reducing the 1.2 trillion-euro ($1.3 trillion) mountain of soured loans on lenders’ books, but that relief may be a long time coming, according to the bloc’s bank regulator. Andrea Enria, chairman of the European Banking Authority (EBA) has proposed setting up a bloc-wide asset-management company to take ...

  PALORINYA / AP In the bushland of northern Uganda, a recently arrived refugee from South Sudan describes how soldiers detained and tortured him for two months back home for reading an article online. Tall and thin as a reed, dirt coating his tattered T-shirt and jeans, the young man is one of more than 100,000 people who have fled a ...

  Mexico City / AP The life’s work of Dona Queta is inconspicuous from the street, only the presence of a few flowers on the path in front of the white bars indicate there’s anything special behind them. But every day hundreds of people make the pilgrimage to the shrine, created by the 62-year-old to honour Santa Muerte in Mexico City’s ...