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  • Pakistanis vote in a parliamentary election Monday, ending a campaign that has been overshadowed by violence — including the assassination of opposition leader Benazir Bhutto. The vote could empower a new civilian government. But many say they believe the country's army will not go away quietly.
  • Advisers to the Food and Drug Administration have recommend that drugs Serevent and Foradil no longer be used for asthma. Top-selling Advair was not affected by the recommendation.
  • The Colombian military on Wednesday freed 15 people held by the FARC rebel group. The hostages include Ingrid Betancourt, who was running for president when the FARC kidnapped her six years ago, and three American military contractors. Carolina Barco Isakson, Colombia's ambassador to the U.S., talks about the rescue operation.
  • In their 2004 book, Gary Stern and Ron Feldman, top executives at the Federal Reserve Bank of Minneapolis, cautioned the world about systemic financial risk and the need for more oversight. They admit to a fleeting sense of "I told you so."
  • The U.N. protested Israeli fire on its warehouse in Gaza. Israel said Hamas militants were launching rockets from the U.N. compound. Israel also killed a top Hamas leader in its operations in the Gaza Strip. And there was speculation that Israel and Hamas are close to an agreement on a cease-fire.
  • Italian Paolo di Canio's appointment as coach of the struggling Sunderland Football Club has reignited an old controversy over his comment in 2005 that "I am a fascist, not a racist" in describing his political beliefs at the time. After his appointment as Sunderland coach was announced Tuesday, he said it was "stupid and ridiculous" for that statement to be raised again after his many attempts to clarify it. DiCanio had an excellent record as a player. Though he had a fiery temperament, he was also honored for sportsmanship.
  • The Taliban is reorganizing in Pakistan's tribal belt in preparation for the arrival of 17,000 U.S. troops across the border in Afghanistan. It doesn't want to fight on two fronts so it is no longer interested in waging war with the Pakistani army.
  • Few scenarios worry the U.S. and its allies more than the prospect of the rise of the Islamic State on the war-battered landscape of northwest Pakistan and neighboring Afghanistan. In Pakistan, six top Taliban commanders have pledged allegiance to ISIS.
  • While the front lines in the eastern part of the country have been static for months now, rebels in the west are making headway. The rebel offensive in Libya's western mountains has emerged as a threat to Gadhafi's hold on the capital, Tripoli, and other strategic cities.
  • The company that introduced the world to the Walkman reported its biggest annual loss in more than 15 years — partly due to a major hacker attack and the Japanese tsunami. But Sony just unveiled its newest products, and company executives and analysts agree that Sony must make a few changes to improve its prospects.
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