ISRAEL

Archaeologists say artifacts discovered in an ancient drainage tunnel under Jerusalem are left over from war 2,000 years ago.

U.S. markets shed as much as two percent at the open Monday, on news of the S&P's U.S. debt rating downgrade and subsequent plummets in global markets overnight.

Moody's says a future downgrade of the U.S. credit rating from AAA is possible. Also, global markets reacted harshly overnight to S&P's U.S. credit rating downgrade announced late Friday.

Global markets plummeted overnight night as news of the U.S. downgrade. Monday is the first day of trading in the U.S. and futures pointed sharply lower early by 6:30 a.m.

Tel Aviv shares closed nearly 7 percent lower on Sunday in the first response of a developed market to Standard & Poor's downgrade of the United States' credit rating that has sparked fears of another global recession.

Former Federal Reserve Chairman Alan Greenspan on Sunday downplayed the risk of a double-dip recession in the United States, saying its domestic economy was in better shape compared to its European peers.

Hundreds of thousands of Israelis gathered in the streets of Tel Aviv and other major Israeli cities on Saturday night to protest the high cost of living for the middle class, in one of the largest social rallies in Israeli history.

More than 250,000 Israelis have staged protests in Tel Aviv and Jerusalem cities over the rising cost of living, reflecting the middle-class discontent over the country's inability to address the long-pending housing needs.

While S&P?s downgrade of the U.S. Government?s credit rating is controversial, most agree that the U.S. fiscal condition is serious. And while both Democrats and Republicans increased the budget deficit, three major policy errors by President George W. Bush last decade substantially worsened the U.S.?s fiscal condition, and the nation has been trying to recover ever since.

On "The Tonight Show with Jay Leno," Roseanne Barr said Thursday she plans to run for president in the 2012 election -- under her own party ticket, of course -- called "America's Green Tea Party."

"I am running for President of the United States," Roseanne Barr announced during her appearance on the Tonight Show, Thursday. It was reported that she initially made this claim in May 2010, but now she is also considering being the prime minister of Israel.

Many Egyptians struggled with torn emotions on Thursday as they reviewed images splashed over newspapers and repeated on television of their octogenarian former president, a day after he went on trial following 30 years at the helm.

Different wars for different times. Cofer Black, a former top CIA counterterrorism official, said on Wednesday he sees parallels between the terrorism threat that emerged before the September 11 attacks a decade ago and the emerging cyber threat now.

Egypt's Hosni Mubarak, accused of corruption and involvement in killing protesters, went on trial Wednesday, delighting those who overthrew him and ringing an alarm bell for other autocrats around the Arab world.

Norris, who as recently as last week was leading popularity polls, came under enormous pressure to extinguish his bid for the presidency.

"I am convinced that the Israel government would have accepted him, but he declined the offer because he was a patriot."

Israel's supreme court ordered the evacuation of a hilltop outpost where some 250 Jewish settlers live without further delay Tuesday, upholding a petition made by Palestinians and an anti-settler group over five years ago.

The Islamic religious month-long holiday incorporates Qur'an recitation, fasting, charity and prayer to celebrate this festival of giving and sharing.

Call it dictatorial or simply ironic, the residents of a Bedouin village in Israel's Negev desert are facing peculiar circumstances, where they are being forced to pay for the government expenses involved in demolishing their own homes!

It took a two week-long cottage cheese rebellion to get Israelis to question the power of the country's tycoons.

U.S. government cyber security experts are warning that the Stuxnet virus could become more menacing, more than a year after it surfaced in an attack believed to be targeted against Iran's nuclear program.