Mortgage cap ‘won’t be used soon’
Mortgage lenders say that a cap on the size of mortgage loans is unlikely to be “the first tool in the box” to cool the housing market. BBC News – Business
Craig Taylor
Obama to ‘review options’ on Iraq
President Barack Obama says he will take several days to decide what action to take over the Iraq crisis, but says no US troops will be deployed. BBC News – US & Canada
UK offers £3m for Iraq aid effort
The UK will provide an initial £3m of emergency humanitarian aid for civilians fleeing the insurgency by Islamic extremists in Iraq, the government says. BBC News – UK
Ukraine vows downed plane response
Ukrainian President Petro Poroshenko vows to retaliate after pro-Russia separatists shoot down a military plane in the east, killing 49 people. BBC News – Europe
African elephants’ ‘survival threat’
The survival of Africa’s elephants is under threat, with estimated poaching levels well above their birth rate, an environmental report says. BBC News – Africa
Mubarak minister cleared by court
A court in Egypt clears former Interior Minister Habib el-Adly, who served under ousted President Hosni Mubarak, of corruption. BBC News – Middle East