13 June 2013 Last updated at 09:30 GMT
For the last five years, the world's leading central banks have been combatting the crisis with extremely low interest rates and vast bond purchases. Now the American Fed is breaking ranks, as it cautiously suggests a change in its policy -- sending the markets into turmoil.
Fuchinobe doesn't look like the kind of place where speculators have struck it rich. The commuter rail station near the Japanese capital of Tokyo is surrounded by drab apartment buildings and small single-family homes. But the neighborhood is also home to Yuka Yamamoto, 44, a star among Japan's so-called shufu toshika, or "housewife investors."
Yamamoto, a chemical laboratory worker by profession, has written about 40 books with investment tips for housewives. She makes television appearances and recently explained what she thinks about the boom that Prime Minister Shinzo Abe and Bank of Japan chief Haruhiko Kuroda have fueled with their relaxed monetary policy known as "Abenomics."
June 13, 2013 - 5:47AM
Syria conflict: At least 93,000 killed, says UN
At least 93,000 people have been killed in Syria since the start of the conflict, according to latest United Nations figures.
This represents a sharp rise of more than 30,000 since the UN last issued figures in January.
At least 5,000 people have been dying in Syria every month since last July, the UN says.
But it says these statistics are an underestimate as it believes many deaths are unreported.
Over 80% of those killed were men, but the UN says it has also documented the deaths of over 1,700 children under the age of 10.
The unrest looks set to continue as protesters in Istanbul's Taksim Square prepare for further clashes with police, whilst a leading rights group criticised an “unprecedented” use of violence by security forces.
Amnesty International harshly criticises use of excessive violence by police as the death toll increased to five during two weeks of unrest.
A protester injured during clashes with riot police died after he was reportedly hit on the head by a tear gas canister during protests in Ankara, according to lawyers. Ether Sarisuluk, 26, who had been on a life support for 12 days, was pronounced dead on Thursday.
End of Cheap Money: Can the World Handle Higher Interest Rates?
For the last five years, the world's leading central banks have been combatting the crisis with extremely low interest rates and vast bond purchases. Now the American Fed is breaking ranks, as it cautiously suggests a change in its policy -- sending the markets into turmoil.
Fuchinobe doesn't look like the kind of place where speculators have struck it rich. The commuter rail station near the Japanese capital of Tokyo is surrounded by drab apartment buildings and small single-family homes. But the neighborhood is also home to Yuka Yamamoto, 44, a star among Japan's so-called shufu toshika, or "housewife investors."
Yamamoto, a chemical laboratory worker by profession, has written about 40 books with investment tips for housewives. She makes television appearances and recently explained what she thinks about the boom that Prime Minister Shinzo Abe and Bank of Japan chief Haruhiko Kuroda have fueled with their relaxed monetary policy known as "Abenomics."
Thousands march in Moscow against Putin
June 13, 2013 - 5:47AM
Moscow: Thousands of Russian opposition activists have marched through Moscow to denounce President Vladimir Putin's authoritarian rule and call for the release of jailed anti-Kremlin protesters.
Led by anti-corruption crusader Alexei Navalny, the protesters chanted "Divorce for Russia" and "Lyudmila without Putin. We should also divorce Putin," in reference to Putin's announcement last week that he and his wife Lyudmila of 30 years were divorcing.
Others chimed in with slogans like "One, two, three, Putin leave!" and "Russia without Putin" as they marched through central Moscow carrying anti-Putin placards and flags of all hues.
The protest dubbed the "March Against Butchers" was aimed at supporting 12 activists currently on trial for crowd violence at an opposition rally last year as well as jailed activists.
Situation 'worrying' for Darfur refugees in Chad: Red Cross
The Red Cross warned Wednesday that the situation for thousands of people who have fled to Chad from Sudan’s troubled Darfur region is alarming, saying there is an urgent need for shelter and medical supplies.
“Most of these people fled without taking anything with them,” said Helene Plennevaux of the International Committee of the Red Cross (ICRC).
“The situation of thousands of people... remains worrying.” Since early April, the ICRC said, tens of thousands of Sudanese and Chadians have poured into the eastern Chadian city of Tissi because of clashes in western Darfur.
“The families, consisting mainly of women and children and sometimes elderly or disabled dependents, need shelter and emergency supplies,” Plennevaux said.
Venezuela's Maduro victory upheld in audit - but opposition says fight not over
Venezuela's electoral council confirmed Maduro’s presidential victory, but the decision will do little to ease the political crisis. The opposition says it will bring fraud charges before international courts.
After nearly two tumultuous months, Venezuela's electoral council officially ratified Nicolás Maduro’s presidential victory yesterday. In announcing the results of an audit of April’s razor thin election results, council head Tibisay Lucena said the vote "accurately reflects the will of the [Venezuelan] people."
But the decision will do little to quell the political crisis here as the country's opposition now says it's set to take its case before international courts.
"We first want to exhaust all local, institutional means," says Gerardo Blyde, a member of the Democratic Unity Table (MUD), the political coalition contesting the results. "We're waiting for a response to our complaints before going to bodies such as the Organization of American States (OAS)."
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