A “boring” bank is accused of laundering money for Iran, the welfare debate is heating up the presidential race, last month was deemed the hottest month ever recorded and Mitt Romney, Wedding Crasher. This and more in this week’s Week in Pictures.
A sign of Standard Chartered bank is seen at its headquarter in the City of London, Tuesday, Aug. 7, 2012. Shares in Standard Chartered PLC dropped sharply on Tuesday as investors reacted to U.S. charges that the bank was involved in laundering money for Iran. The charges against Standard Chartered were a shock for a bank which proudly described itself recently as “boring.” (AP Photo/Sang Tan)
Greek Prime Minister Antonis Samaras walks in front of the Presidential guard during the visit of Israeli President Shimon Peres in Athens, Monday, Aug. 6, 2012. Inspectors from the so-called troika of institutions providing Greece’s bailout loans finished a visit to Athens on Sunday, saying Greece is committed to making the necessary reforms. Samaras will meet later Monday his partners in the coalition government as the new austerity package will be finalized in late August. (AP Photo/Thanassis Stavrakis)
Trader Gerard Farco works on the floor of the New York Stock Exchange Thursday, Aug. 9, 2012. Stocks are inching higher in early trading after the U.S. government reported that claims for unemployment benefits fell last week. (AP Photo/Richard Drew)