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Italy’s and Spain’s economies are in dire straits, and the EU is seriously considering bailing them out with a major purchase of national bonds. The all-important caveat may be that Italy and Spain will have to cede control of their fiscal policies to the EU! (Telegraph, August 2, 2012).
“Cattlemen are selling animals they can’t graze or afford to buy feed for… The number of cattle in the U.S. has been dropping for years. The Agriculture Department says the nation’s cattle inventory is the smallest since the agency began a July count in 1973” (Associated Press, July 24, 2012).
Ethnic violence has again broken out in the northeast India district of Assam. Local people are predominantly Hindu and some are “Christian,” although there are more than 200 separate tribal groups in the region. Much of the violence is aimed at Muslims—many of whom have come across the border from Bangladesh and Bhutan (The Globe and Mail, July 24, 2012).
Torrential rains inundated China’s capital city last weekend, overwhelming the drainage system.
Last Friday morning at the midnight opening of the latest Batman movie, a lone gunman burst into a packed theater in the Denver, Colorado suburb of Aurora, set off a smoke bomb and tear gas, and began firing his weapon into the crowd (Good Morning America, July 20, 2012). Survivors recalled the terrifying confusion and panic of those trapped inside the theater.
The United States is experiencing the worst drought in 50 years, and the United Kingdom had the wettest April to June on record, with July following the same pattern.
Hailed as a breakthrough in HIV/AIDS prevention, the drug Truvada was approved by the FDA this week (CBS News, July 16, 2012). Truvada has been used for HIV/AIDS treatment, but will now be used to try to prevent infection in those at “very high risk” for contracting HIV—primarily injection drug users and homosexual men.
Over the last six years, the EU has spent more than £500 million (about $780 million USD) purchasing fishing rights in the developing world—primarily Africa. This, because the EU has almost exhausted its own fishing stocks.
The news on Syria changes daily. “Western military sources warned Saturday, July 14, that not only Israel, but additional strategic targets in Middle East lands deemed enemies by Bashar Assad should prepare for him to launch surface-to-surface missile attacks.
“Challenging more than a decade of scholarship, a study out of the University of Texas has found that adults raised by same-sex parents reported significant differences in the quality of their lives compared with children of married, heterosexual biological parents” (Statesman, June 11, 2012). This study is “the largest nationally representative study” of its...