Thursday, October 27, 2011

Europe Crafts Debt Deal, Markets Pleased .------------------- OCT-27-2011-

Five ways the European debt crisis
could affect the U.S.
1. U.S. banks are 'tethered' to those in Europe
2. A potential threat to U.S. exports
3. U.S. companies' investments in Europe at stake
4. The potential impact on individual investors
5. A 'dramatic effect' on the 2012 election?
OCT-27-2011--WASHINGTON – The financial crisis that began in the United States in 2008 swept across the Atlantic Ocean to Europe. Now, U.S. political and financial leaders are hoping that a tentative deal to relieve Europe's government debt crisis will prevent a similar tsunami in reverse.
They had reason to smile Thursday. Meeting for the 14th time in 21 months, Europe's leaders announced a 50% reduction in Greece's loan repayments to private lenders, a $1.4 trillion rescue fund to keep credit flowing to other troubled nations, and a requirement that banks boost their reserves by the middle of next year.
The deal gave an immediate boost to financial markets; the Dow Jones industrial average closed almost 3% higher Thursday.
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Wednesday, October 26, 2011

Veterans For Peace Member Shot In The Face By Oakland Police Projectile ---------------------------- OCT-26-2011-


Iraq veteran in critical condition after getting hit with police projectile during Occupy Oakland demonstration
Oct-26-2011--OAKLAND -- A 24-year old Marine Corps corporal and Iraqi war veteran remained in critical condition at Highland Hospital on Wednesday night with head wounds and brain swelling after being injured in Tuesday's Occupy Oakland 
"It's absolutely unconscionable that our citizens are going overseas to protect other citizens just to come back and have our own police hurt them,"
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Monday, October 24, 2011

Muammar Gaddafi to be buried in secret desert location ---------------------------------------- Oct-24-2011--

Muammar Gaddafi
to be buried in secret desert location
Oct-24-2011--Libya's National Transitional Council are making final plans to bury the body of the former leader Muammar Gaddafi in a secret desert grave location.
The cold storage unit in Misrata, where the bodies of Gaddafi, his son Mutassim and his defence minister has been emptied.
The National Transitional Council says the bodies will be buried within hours.
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