AP - World leaders meeting at the U.N. General Assembly this week face a global financial crisis that threatens the United Nation's efforts to generate billions of dollars to fight poverty, especially in Africa.

AP - Businesses were beginning to reopen, cell phone service was improving and power was coming back, but leaders warned that Galveston remains dangerous more than a week after Hurricane Ike's devastating assault.

AP - Six minors have been temporarily placed in state custody as part of a child porn investigation after a raid on a ministry run by a man who says "consent is puberty" when it comes to sex, officials said Sunday.

AP - Pakistani troops and tribesmen opened fire when two U.S. helicopters crossed into the country from neighboring Afghanistan, intelligence officials said Monday.

AP - The Bush administration and the Federal Reserve are moving on multiple fronts in an effort to calm financial markets that have been roiled by the biggest upheavals on Wall Street since the Great Depression.

AP - The Federal Reserve said Sunday it had granted a request by the country's last two major investment banks — Goldman Sachs and Morgan Stanley — to change their status to bank holding companies.

AFP - China said nearly 13,000 children were in hospital Sunday after drinking toxic milk powder in a dramatic escalation of Beijing's latest safety scandal.

AFP - Pakistan on Sunday blamed Al-Qaeda linked Taliban militants for the massive suicide truck bombing at the Marriott Hotel that killed at least 60 people and injured more than 260.

Reuters - A fire at an illegal dance club in southern China, just across the border from Hong Kong, left 43 mostly young people dead and another 88 injured, another grim reminder of the country's broken regulatory system.

Reuters - World number one Rafael Nadal humbled Andy Roddick with a clay-court masterclass on Sunday to knock holders the United States out of the Davis Cup and send Spain through to their sixth final.

Reuters - Japan's Nomura Holdings (8604.T) is interested in buying the European operations of U.S. investment bank Lehman Brothers, according to reports on Sunday, while Barclays will bid for parts of the business, a person familiar with the matter said.

Reuters - Investors will hand down their verdicts this week on worldwide rescue plans topping 1 trillion dollars designed to end the worst financial crisis since the Great Depression.

Reuters - Israeli Prime Minister Ehud Olmert handed his resignation to President Shimon Peres on Sunday but the scandal-hit premier could stay in office for weeks or months until a new government is formed.

Reuters - The suicide bomb attack that killed 53 people at the Marriott Hotel in Pakistan's capital on Saturday bore the hallmarks of an operation by al Qaeda or an affiliate, Pakistani and U.S. intelligence officials said.

Reuters - U.S. Treasury Secretary Henry Paulson took his case for an unprecedented $700 billion bailout of financial markets to the American people on Sunday, saying it was needed to prevent further damage to an already fragile economy.