World

Russian Opposition Leader Convicted Amid Controversy

A Russian court has convicted one of the country's most prominent opposition leaders of embezzlement. Alexei Navalny faces a sentence of five years in prison in a controversial case that he says was trumped up to derail his political career. Navalny was instrumental in organizing mass protests against the rule of Russian President Vladimir Putin.

With President Morsi Out, Gulf States Open Their Checkbooks

In Egypt, many are hopeful that with the Islamist president out of power, stability will return — and so will foreign investment. Already, Saudi Arabia and the United Arab Emirates are pumping billions into Egypt now that the Muslim Brotherhood is no longer in power. And miraculously, the fuel shortages and power cuts that were plaguing the nation seem to be gone.