Receive Breaking News updates as they occur
Japan's bid to revive its once-soaring economy is on the ropes as an equity market bloodbath and resurgent yen threaten to knock Prime Minister Shinzo Abe's growth plan to the canvas. Abe met with his hand-picked central bank chief Haruhiko Kuroda for an emergency meeting Friday amid huge volatility on global markets, which is wiping out the gains Abenomics has achieved since the premier swept to power in late 2012. All eyes will be on Japan's fourth-quarter GDP data on Monday with many economists expecting a contraction of about 0.7 percent in the world's number three economy.
MEXICO CITY (AP) — Pope Francis heads into the capital's crime-ridden suburb of Ecatepec on Sunday to see firsthand the reality of the Mexican "periphery," where drug violence, gangland-style executions and kidnappings are daily facts of life.