1. Headline: Euro zone agrees on Greek bailout
16 countries that use the Euro currency have agreed to step in and help Greece’s debt woes. The aim of the deal would be a serious blow to the value of the Euro, one of such high impact that most economists think European governments would have to step in and stop it somehow. Upon news that a financial rescue package for Greece was taking shape, European and U.S. stock markets went up on Thursday.
2. Headline: Pelosi condemns threats against Congress members
House Speaker Nancy Pelosi has condemned vandalism and threats against members of Congress in Washington. At least four Democratic offices in New York, Arizona and Kansas have been struck by extremist vandals against the new overhaul of the U.S. health care system. At least 10 members of Congress have reported threats, though no arrests have been made as of yet. Pelosi said it is “important for us to be able to express ourselves freely, not to diminish that in any way, but also to hit a standard that says some of the actions… must be rejected.”
3. Headline: New arms pact cuts nuclear arsenal of U.S. and Russia by a third
US President Barack Obama and Russian President Dmitry Medvedev will sign a new arms pact next month in Prague. The deal will slash Russia and the United States’ nuclear arsenals by about a third, leaving each country roughly 1,500 warheads. The level, which is still more than enough warhead to “wage global Armageddon” – is expected to be reached in five to seven years. This agreement gives some credence to Obama’s peace pledge made last spring, where he declared he sought “the peace and security of a world without nuclear weapons.”
4. Headline: Mexico arrests ‘King of Heroin’
JosMexican police have arrested the drug trafficker allegedly responsible for transporting hundreds of pounds of heroin into South California each year. The so-called “King of Heroin”, Jose Antonio Medina (nickname “Don Pepe”) ran a complex smuggling operation that ran 200 kilograms of heroin each month across the Mexican border. The majority of heroin trade has recently shifted from Columbia to Mexico, where nearly 17,900 people have died in drug-related violence since 2006, and the lucrative business is estimated to bring $25 billion into Mexico each year.
No comments:
Post a Comment