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The man British authorities charged with poisoning former KGB officer Alexander Litvinenko has responded with his own accusations. Andrei Lugovoi, another former KGB officer, says Litvinenko was a British agent trying to get compromising materials about Russian President Vladimir Putin.

Former prime minister Benazir Bhutto ended eight years of self-imposed exile Thursday and arrived in Karachi, where tens of thousands of supporters greeted her. The return was marred by at least two explosions near her motorcade, which was surrounded by supporters.

Merrill Lynch CEO Stanley O'Neal appears to be on his way out days after the company reported a loss of more than $8 billion. The company has not confirmed reports that O'Neal is negotiating the terms of his departure.

A Spanish delivers verdicts for 27 men and one woman charged in connection with the Madrid train bombings in 2004. Charges range from masterminding the attack to stealing dynamite to building the bombs. They detonated on four commuter trains, killing 191 people.

Six foreign medics are resting up at the Bulgarian presidential residence after a harrowing eight-year ordeal in Libya. They had been imprisoned since 1999, accused of deliberately infecting children with HIV in a Libyan hospital.

The Federal Reserve has taken a bold step to infuse Wall Street investment banks with cash, cutting its emergency lending rate to banks by a quarter-point. It also approved the sale of investment bank Bear Stearns to rival JP Morgan Chase for what can only be described as a rock-bottom price.

The Federal Reserve swooped in quickly to prevent Wall Street titan Bear Stearns from going bust and triggering a panic on Wall Street. It's not a bailout in the sense of a taxpayer rescue of a corporation. But it is part of a more activist approach to the credit crisis by both the Fed and the Bush administration's economic team.

A U.S. government plan to restore confidence in Fannie Mae and Freddie Mac would temporarily raise the Treasury Department's credit line to the two mortgage financiers. The idea is to shore up the companies' finances and keep money flowing to the mortgage market. What does this mean for mortgage holders and taxpayers?

The Federal Reserve Bank moved Wednesday morning to ease a global credit crisis, announcing a plans to offer $40 billion in emergency funds to banks through an auction process. The move was coordinated with other major central banks and is designed to increase liquidity around the globe.

Coordinated car bombings in the southern Iraqi city left at least 40 dead and more than 100 wounded. Earlier this year, British forces handed over security duties in the province to Iraqi government troops. A similar handover in neighboring Basra is set for next week, raising fears of more violence in the largely Shiite region.