For a long time, much of the world saw the eurozone sovereign debt crisis as Europe's problem. Now world leaders, including the United States, realize a eurozone meltdown could have dire consequences for everyone. They are working up a massive rescue plan whose contours are beginning to emerge. Although Britain does not use the euro, that nation's politicians are using their party conventions to issue dire warnings about the euro's fate. And one eminent economist is proposing a novel solution to limit the impact of the European debt crisis.
The British newspaper arm of Rupert Murdoch's News Corp. is in negotiations to pay several million dollars to settle the claims of the family of a slain girl whose mobile voice mail messages were hacked by a private investigator for one of its tabloids. Murdoch would personally pay more than $1.5 million to charity as part of the deal.
But that's only the latest fallout for News Corp. in the phone hacking and bribery scandal there.
Americans pride themselves on being optimistic. But Robert Blendon, of the Harvard School of Public Health, says that may not be such a good thing when it comes to planning for retirement. For many Americans, it is proving harder than they imagined, according to a a new poll by NPR, the Robert Wood Johnson Foundation and the Harvard School of Public Health.
Kentucky has administered its last student achievement core content tests and the results are out today. Also out are the results of tests mandated by the nearly-defunct ‘No Child Left Behind’ Act. In Fayette County, the results were once again, a mixed bag. The overall score for the Lexington school district improved overall, increasing to a grade of 94….Lexington’s highest index ever. It represents a one percent improvement over last year’s tests. Rather than claim victory, Fayette County School Superintendent Tom Shelton is still processing the data. “We had schools that had gains. We had schools that had losses.We’re gonna’ have to do a pretty comprehensive look to see what’s working and what’s not,” said Shelton.
The US Senate passed a temporary spending bill that averts a government shutdown this weekend, but they did it without help from Kentucky Senator Rand Paul. One senator likened the deal to a “magic” happening at the last minute. Now the government will have its coffers refilled. This budget fight hinged on whether to pay for federal disaster assistance immediately after an emergency or put off those payments until a later date.
It looks like the government will be funded until Nov. 18. According to multiple news reports, Senate leaders announced they have come to an agreement that will likely avoid a partial shutdown of the government.
Afghanistan buried a former president last week, but there is concern in Kabul that something else may have been buried as well: the peace process. In nearly two years since the U.S. opened the prospect of negotiations with the Taliban, progress has been hard to discern.
The assassination of Burhanuddin Rabbani, who was also the head of Afghanistan's High Peace Council, may have quashed any negotiations that were under way. It also may have given new strength to those who never supported the idea of talking with the Taliban.
The Dead Sea Scrolls are 2,000 years old and very sensitive to direct light. At the Israel Museum in Jerusalem, where they are housed, the scrolls are rotated every few months to minimize the damage. As Bloomberg explains it, the Great Isaiah Scroll, which is the most ancient biblical manuscript on Earth, is so sensitive that only a copy of it is on display.