International

The World Trade Organization (WTO) issued a final ruling today against the U.S. country-of-origin labeling (COOL) law. This popular pro-consumer policy, which informs shoppers where meat and other foods were raised or grown, enjoys the support of 93% of Americans, according to a 2010 Consumers Union poll. Now Congress must gut or change the law to avoid the application of punitive trade sanctions.

As Time Magazine names 'The Protester' as person of the year, news broke that Saudi billionaire Prince Alwaleed bin Talal joins JPMorgan Chase as a major stakeholder in Twitter, the social media network that catapulted both the Arab Spring and Occupy Wall Street movement onto the global stage.

Egyptians took to the polls with a massive turnout this week, and few reported problems in the first round of elections since the ouster of longtime authoritarian leader Hosni Mubarak.

This week's initial parliamentary elections will collect votes in the main city centers, like Cairo and Alexandria, as part of what will be a four-month voting process. From these elections, Egypt's first democratically-elected parliament will be created, which will be tasked with crafting a new constitution for the nation and laying the groundwork for a presidential election in 2012. The elections are occurring after a series of violent clashes in Cairo's Tahrir Square with the interim military government. Protesters fear the military government is trying to manipulate the process to retain power. Some 40 people have been killed, and 2,000 injured.