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Awarded the Oscar for Life of Pi, Lee once again bests acclaimed director Steven Spielberg.
Pope Benedict XVI will step down as head of the Catholic Church on February 28 due to old age and failing health.
The average unemployment rate for the eurozone for 2013 is forecast at 12.2 per cent, up from 11.4 per cent previously.
Currency swapping of the Chinese renmimbi with the British pound increased by 240 per cent in the first half of 2012 compared to a year earlier.
A South African magistrate grants the Olympic star bail in the Reeva Steenkamp murder case.
Bulgaria is considered to be the poorest member of the European Union.
South African police now confirm that the lead detective in the case faces attempted murder charges.
Moscow sees positive tendencies for dialogue from both sides that could bring two-year civil war to an end.
Both President Putin and King Abdullah II said the countries enjoy a warm relationship.
Qatar's prime minister says such measures would only prolong the civil war.