A new development model seeks to turn the power of the market economy to social good.

The U.S. Supreme Court declined to hear an appeal on June 16 from Argentina of an order to pay a so-called vulture fund $1 billion. That decision lets two lower federal court rulings stand, and Argentina now must turn over information about its U.S. bank holdings. Eric LeCompte, executive director o

As the United Nations reported that 480,000 people have fled after months of fighting in Iraq’s Anbar province, suicide bombings and clashes between security forces and militants killed 36 people on May 30. • Security forces in Afghanistan on June 6 were questioning three Taliban members

Francis dismisses all-Italian five-member board of Vatican’s financial watchdog.

Catholic leaders have raised concerns that Latin American migrants are increasingly in danger of human rights violations, particularly the growing number of minors trying to make the trip from Central America to the United States alone. In a statement released on June 4, Bishop Eusebio Elizondo, aux