NEWS BULLETINS

Reading through the WSJ, CNN, BBC, etc. and found some very interesting articles that I thought I’d pass along:

  • Prime Minister Cameron will urge Scots to fight against independence to keep the U.K. together. He stresses the importance to do so during these tough economic times.
  • Joseph Kennedy III said he is running for the congressional seat now held by retiring Rep. Barney Frank. Could we someday see another Kennedy as President?
  • Investors’ belief that the worst is over for the US housing market is fueling interest in once-toxic mortgage bonds… Really? Does no one learn from history and past mistakes? If not, we are doomed to failure…
  • Kellogg will be buying Pringles for $2.7 billion, looking to expand in snacks and grow overseas.
  • GM is freezing the pay of its 26,000 US salaried employees and will drop traditional pension contributions for those who still receive them. Wait… I thought they were on the road to recovery (pun intended, see what I did there?)?
  • The US and Afghanistan have begun secret three-way talks with the Taliban. The Afghan president, Karzai, said he believes most Taliban are “definitively” interested in a peace settlement.
  • Iran now appears capable of producing an entire cycle of nuclear fuel rods to be used to power plants. Israel and Western countries fear the advances bring Tehran closer to the ability to manufacture a nuclear weapon.
  • Rising oil prices threaten to stall the US economic recovery just as it appears to be gaining momentum.
  • A top euro-zone official expressed optimism that an accord with Greece could be wrapped up soon, potentially clearing the way for a new bailout and debt restructuring. Meanwhile, civil unrest in the country continues…

 

These are just some of the current headlines around the world. For a weekly update, tune in live on Wednesdays from 4PM to 5PM on http://www.wrsu.org for The Motley Experience Radio Show.

Please feel free to comment and start a discussion on the news topics posted, or on other news not posted.

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