Reuters - The worst of the global financial crisis is yet to come and a large U.S. bank will fail in the next few months as the world's biggest economy hits further troubles, former IMF chief economist Kenneth Rogoff said on Tuesday.

AP - Barack Obama's newly minted running mate will be hitting the trail with the Democratic hopeful Saturday. A senior Obama adviser told The Associated Press on condition of anonymity Tuesday that Obama and his veep choice will appear together in front of the former state Capitol in Illinois where Abraham Lincoln once served.

Politico - Count Ralph Nader as unimpressed by the crop of supposed finalists to be Barack Obama’s running mate.

AP - Tropical Storm Fay rolled ashore in southwestern Florida on Tuesday without much fanfare, but stubbornly hung around like an unwelcome houseguest, gaining power and threatening — once again — to become a hurricane.

AP - A new analysis of government data is the first to link low-level arsenic exposure, possibly from drinking water, with Type 2 diabetes, researchers say. The study's limitations make more research necessary. And public water systems were on their way to meeting tougher U.S. arsenic standards as the data were collected.

NATO pulled its punches against Russia on Tuesday, suspending formal contacts as punishment for the Georgia invasion but bucking U.S. pressure for more severe penalties.

Leaders of Pakistan's ruling coalition met Tuesday to discuss who should succeed Pervez Musharraf as president, while a bombing outside a hospital and clashes with militants killed dozens.

The Roman Catholic Church warned women that if they wear skimpy clothing, they could provoke sexual violence. But the warning provoked outrage from women's rights advocates.

Taliban insurgents killed 10 French soldiers in a major battle east of the Afghan capital, the French president's office said on Tuesday, the biggest single loss of foreign troops in combat since 2001.

Poland's government gave formal approval to a missile defense deal with the U.S. on Tuesday before a visit by U.S. Secretary of State Condoleezza Rice, the deputy prime minister said.

WASHINGTON (Reuters) - Speculation hit a fever pitch on the U.S. vice presidential sweepstakes on Tuesday, with Democrat Barack Obama and Republican John McCain nearing their choices of a No. 2 amid a flurry of sly hints and outright guesses.

WASHINGTON (Reuters) - U.S. wholesale prices shot up in July at the fastest annual rate in 27 years, while home builders cut back on construction as they worked through a glut of unsold homes, government data showed on Tuesday.

GORI, Georgia (Reuters) - Russian troops will pull back from Georgia's heartland by the end of this week, the Kremlin said Tuesday, but NATO said it was freezing contacts with Moscow until all Russian forces were out of the country.

ABOARD THE CHEVRON GENESIS (Reuters) - Republican John McCain took his campaign high above the waters of the Gulf of Mexico on Tuesday, visiting an offshore oil and gas rig and predicting many more like it along the U.S. coasts if he is elected president.

BEIJING (Reuters) - Jamaica's yam-powered Usain "Lightning" Bolt hopes to become the first man since Carl Lewis in 1984 to win an Olympic sprint double on Wednesday.

Once home to inventor Alexander Graham Bell and hockey great Wayne Gretzky, the small Canadian city of Brantford, Ontario is now home to a terrorist — and the Canadian government might not do anything about it.

Russian President Dmitry Medvedev says Russian forces will withdraw from most of Georgia by Friday.

Just two weeks before the start of the Democratic National Convention a string of security scares have federal investigators working to downplay potential terrorist threats

ELECTION HQ: Obama camp plans to use convention to relentlessly portray McCain as another President Bush

• RNC: No Pro-Choice VP for McCain
• Obama Schedules Visit to City Where Campaign Began
• Obama Spars With Anti-Abortion Groups

A tornado touched down in parts of Florida, damaging up to 51 homes as a strengthening Tropical Storm Fay barreled inland.

Each Briton uses 4,645 litres a day when hidden factors are included

Controversial British runner storms to victory in 400m after overturning ban for missing drug tests

Shadow chancellor declares free markets are the fairest way of rewarding people living in poverty

Sarkozy to visit following 'two-day running battle' in which 21 troops were also wounded

One in 10 of this year's applicants tick new box which names parent or guardian as their agent