Venezuela

Business, Finance & Economics

The decline in oil prices will put the squeeze on Iran and Russia — and give a jolt to American consumers

The price of a barrel of oil has fallen to its lowest level in more than half a decade — and it's still falling. That's put a major dent in the economies of some of the world's largest oil producers, like Iran and Russia. But in the US, it's cause for celebration, as falling oil prices are translating into plummeting prices at the pump.

Global Scan

Pakistan says it has captured the men who shot Malala in 2012

When Malala Yousafzai was shot in the head two years ago, the Taliban in Pakistan claimed responsibility. On Friday, the Pakistan army said it had caught a gang of 10 men behind the attack. Elsewhere in Pakistan, a new branch of al-Qaeda seems to have bungled its first attack, but wants the press coverage anyway. And a 45-story skyscraper of squatters is being cleared in Venezuela, all in this weekend's Global Scan.

Global Scan

Avian flu kills a Canadian, and more in today's global scan

Canada is dealing with its first death from H5N1, known as avian flu. The victim recently returned from Beijing, where officials say she contracted the disease. Meanwhile, '12 Years A Slave' is expected to take home awards this season, though it's a story that was almost lost to history. And police in the UK who carry guns will now have to wear body cameras. All in today's Global Scan.

Business, Finance & Economics

The decline in oil prices will put the squeeze on Iran and Russia — and give a jolt to American consumers

The price of a barrel of oil has fallen to its lowest level in more than half a decade — and it's still falling. That's put a major dent in the economies of some of the world's largest oil producers, like Iran and Russia. But in the US, it's cause for celebration, as falling oil prices are translating into plummeting prices at the pump.

Global Scan

New Zealanders will vote on whether to update their flag

A flag is usually a symbol of national pride. But not necessarily in New Zealand, where voters will get to decide whether to ditch the design that dates to colonial times. And for some reason a Cadillac ad that lauds America's work ethic and paints Europeans as slackers just rubs some Europeans the wrong way. All that and more, in today's Global Scan.