- The United States suffers its worst military death-toll in Iraq after a terrorist attack on a U.S. military base in Mosul. 22 Soldiers were killed and there were atleast 60 casualties.
- Thieves rob a bank stealing $39 million dollars from a Belfast-based 'Northern' bank.
- Former British Home Secretary David Blunkett is found to have speeded up the visa-application of his lover's nanny, thereby confirming the allegation that led to his resignation.
- Russia auctions off the main production unit of oil giant YUKOS for 260.75 billion rubles (USD 9.37 billion) to the previously unknown and recently founded Baikalfinansgroup.
- U.S. President George W Bush is named "Person of the Year" by TIME magazine.
