New Jersey has terminated all of its interest rate swap agreements under Governor Chris Christie, paying banks $720 million to unravel $4.2 billion of swaps and wiping from its books a potentially big, unpredictable liquidity risk.
An Estonian police officer who says Russia abducted him in a cross-border raid was sentenced to 15 years in prison on Wednesday, stoking tensions between Moscow and the former Soviet republic.
South Sudan's President Salva Kiir told U.S. Secretary of State John Kerry on Wednesday he intends to sign a peace deal to end a 20-month-old conflict, a State Department spokesman said.
International terrorists were not suspected of a bomb attack in Bangkok this week that killed 20 people and China was not the target, Thai authorities said on Thursday, as police said they believed at least 10 plotters were involved.
