New York Mayor Bill de Blasio faced the biggest crisis of his political career after a gunman killed two police officers in an attack intended to avenge recent police killings of unarmed black men. Full Article
LONDON - World share markets extended their 'Santa rally' into a fourth day on Monday, as a recovery in beaten-down oil prices and the ruble and more calls for quantitative easing from the ECB helped lift sentiment.
ABU DHABI - Saudi Arabia said it would not cut output to prop up oil markets even if non-OPEC nations did so, in one of the toughest signals yet that the world's top petroleum exporter plans to ride out the market's biggest slump in years. Full Article