Martinez Smith-Payne, who is black, was found unconscious and bleeding in a back alley when police were called about a shooting in St Louis, Missouri at 12:47 am Sunday. "Investigation revealed the victim, along with two other juveniles, was attempting to steal items from an unlocked parked vehicle when the suspect confronted them, then fired shots at the juveniles," St Louis police said in a statement. The office came under intense criticism for its handling of the police shooting of Michael Brown in the St Louis suburb of Ferguson last year.
The International Monetary Fund welcomed China's yuan into its elite reserve currency basket on Monday, recognizing the ascendance of the Asian power in the global economy. The yuan, also known as the renminbi, will join the US dollar, euro, Japanese yen and British pound next year in the basket of currencies the IMF uses as an international reserve asset. The decision by the IMF executive board solidifies China's ambition to see the government-controlled yuan achieve global status as one of the world's top currencies alongside the United States, Europe and Japan.