Sunday Headlines

SYRIA
After visiting the town of Tremseh, Sausan Ghosheh, a spokesman for the UN team conduction the investigation said, “On the basis of this preliminary mission, UNSMIS can confirm that an attack, using a variety of weapons, took place in Treimsa on July 12.”  However, the regime of Bashar al-Assad is now denying that heavy weapons were used in the recent massacre at Tremseh.

Meanwhile, the UN continued to pursue a diplomatic strategy calling on China to exert its influence on Syria to end the conflict, which the Red Cross now deems a “civil war.”

GLOBAL ECONOMY

Simon Telford of the Centre for European Reform considers whether the Europe has run out of ideas to rescue the Euro zone.

According to Bloomberg News, China’s Premier Wen Jiabao asserts that “difficulties” facing his nation’s economy may linger for some time. However, he did contend that China’s stimulus was resulting in some stabilization and was “bearing fruit.”

The Atlantic is less vague in its analysis declaring that China’s slowdown is now official.

Federal Reserve minutes show that while there are signs of the economy slowing, the Governors, unlike other central banks, appear unlikely to call for additional easing.

Federal Reserve Chairman Ben Bernanke will receive lots of attention this week when he makes a scheduled appearance before Congress.

ET CETERA

The New York Times asks, Is the new class war between the “have wedding rings” and “have none?”

Pew Research Center study finds confidence in capitalism is waning across the globe.

What is what in the week ahead for the markets.

With several California cities edging toward bankruptcy, a look at how political influence helped to save a project to build a high-speed rail system.

 

Recent Posts
Contact Us

Drop us a note and we will get in touch soon!

Not readable? Change text. captcha txt

Start typing and press Enter to search