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Hagel resigns as Defense Secretary, official says

(Reuters) - U.S. Defense Secretary Chuck Hagel has resigned, the first major cabinet change after Obama's Democrats were routed in mid-term elections three weeks ago. Obama was to announce Hagel's resignation at a White House event at 11:10 a.m. on Monday. Hagel, who had...

Syria economy 'set back decades' by war

Syria's once-promising economy has been set back more than 30 years by its brutal civil war, economists say, and it may never recover. Squeezed by sanctions and the fallout of the more than three-year-old conflict, the government faces dwindling revenues and is increasingly...