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The Vatican should be much more aggressive in dealing with people suspected of financial crimes like money laundering and step up prosecutions and indictments, a European finance watchdog agency said on Tuesday.

U.S. prosecutors are preparing to unveil drug trafficking charges against the head of Venezuela's National Guard, according to people familiar with the case, as the United States investigates the suspected involvement of senior Venezuelan officials in the cocaine trade.

Iran violated a U.N. Security Council resolution in October by test-firing a missile capable of delivering a nuclear warhead, a team of sanctions monitors said, leading to calls in the U.S. Congress on Tuesday for more sanctions on Tehran.