Vatican creates financial watchdog amid probe

The Vatican on Thursday created a financial watchdog agency and issued new laws to fight money laundering and terrorist financing in a major effort to shed its image as a tax haven that for years has been mired in scandal and secrecy.

Russian oil tycoon, Kremlin foe gets more jail

Jailed oil tycoon Mikhail Khodorkovsky was sentenced to six more years in prison following a trial seen as payback for his defiance of Vladimir Putin and as a test of the rule of law in Russia.

Times Square on edge New Year's Eve

New York's Times Square is preparing to bring in the new year with a big celebration, and big security to thwart any potential terror strikes. Lingering effects of a big snowstorm is complicating some security preparations.

'Parazit' could be Iran's Daily Show

Parazit a Voice Of America television show broadcasting into Iran, is one of VOA's most popular shows. Similar to the Daily Show, it pokes fun at everything the Iranian government holds sacred.

Raw Video: Asia celebrates New Year's 2011

New Year's celebrations were held in Sydney, Australia, Seoul, South Korea and Taipei, Taiwan before cold crowds of hundreds of thousands of revelers.

Tornado kills 3 in Ark.

CBS News RAW: Emergency response officials in Arkansas have confirmed at least three people are dead after a tornado blew through the tiny town of Cincinnati

A tea-party loyalist travels to Cancun

Gena Bell, founder of the Eastern Hills Community Tea Party, travels to Cancun, Mexico with Americans For Prosperity.

Capitals respond to Winter Classic weather concerns

The Capitals test the ice surface created for the Winter Classic in Heinz Field in Pittsburgh, Pa. The team remains undeterred by a later start time for Saturday's game.

Weekly GOP address: Changing Washington

Senator-elect Kelly Ayotte of New Hampshire delivered the Republican weekly address, and said the next Congress marks a new chapter for the country and the GOP.

Weekly Obama address: Shared responsibilities

President Barack Obama says Democrats and Republicans must work together in the new year and share responsibility for moving the country forward.