BBC – October 8th, 2011
Italy and Spain’s credit ratings were both downgraded Fitch and earlier this week, Moody. Fitch is concerned about the strength of Italy’s banks, and the ability of Spain to cut its debt levels during the volatile eurozone debt crisis. Both Italy and Spain have introduced austerity measures to cut their debt. However, this recent news has inspired more talks about how best to solve this eurozone debt crisis at a G20 meeting in Cannes this November.
AnnArbor.com – October 7th, 2011
Michigan Gov. Rick Snyder has ordered new cybersecurity initiatives to be implemented in the state. According to the governor, the Michigan Cyber Initiative will protect the state government from cyber attacks. Snyder says he, like many others, has been a victim of financial cyber hacking and views cyber crime as “ ‘…the greatest threat to out national security.’”
Los Angeles Times – October 7th, 2011
After more than 100 years ignoring them, the United States Senate has acknowledged the discriminatory laws that it put in place to limit Chinese immigration. The resolution apologizing for these exclusionary laws was approved Thursday night. Another resolution is in the House waiting to be approved as well.
Employers add 103K jobs in September; unemployment unchanged at 9.1%
Washington Post – October 7, 2011
The Department of Labor announced that the nation added 103,000 jobs during the month of September. Although this seems like a great improvement for the economy, it must be understood that the demand for jobs is simply too high and is constantly increasing with 125,000-plus Americans joining the labor force each month. The unemployment rate, which has been higher than 8 percent for over 2 years, remains at 9.1 percent despite the additional job opportunities. However, the jump in job creation “…should help calm some of the fears that the economy is falling back into recession.”
NPR – October 7, 2011
The latest Gallup poll shows that President Obama’s support among Latino voters, which had been strong when he came into office, has decreased to 48 percent. Obama is “ ‘…leaving behind a legacy of deportation and criminalization’” by deporting about 400,000 people a year and quickly loosing the Latino vote. It is made clear that with Republicans’ strict stance on immigration laws, the biggest fear for Democrats is not that Latinos will vote against them, but that they will simply refrain from voting.
The New York Times- October 6, 2011
Former Libyan dictator Muammar Qaddafi sent out another message through Syrian media in an attempt to rally support and encourage his followers to continue the fight in the Libyan Civil War. He states that once NATO warplanes leave the area his forces shall triumph over the illegitimate NTC and take back Libya from the “NATO collaborator’s.” It is the first time Qaddafi has made an announcement since September 27. Qaddafi’ whereabouts are unknown and there are speculations he may have crossed the Libyan border into a more hospitable country as fighting continues in the last Qaddafi supported strongholds of Sirte and Bani-Walid.
The Guardian- October 7, 2011
General Stanley McChrystal gives an interview that highlights the lack of foresight and the foreseen problems that the U.S. faces in its war with Afghanistan. McChrystal accounts the major lack of prior knowledge the U.S. had, especially of the past 50 years in Afghanistan, before entering the war with the Taliban. McChrystal also relates the problems Afghanistan will face in the future with its unmotivated army and unsupported government, against the heavily armed and divided tribes of the country.
The Detroit News -October 7th, 2011
After the resignation of Karen Dumas this summer, Stephen Serkaian will be joining Detroit mayor Dave Bing as the new director of communications. Serkaian is a former spokesman for Sen. Carl Levin, D-Detroit, and has also been a communications consultant to two Lansing mayors, including current mayor, Virg Bernero.
New York Times – October 7th, 2011
The UN announced Thursday that pro-democracy demonstrations in Syria have resulted in over 2,900 deaths since mid-March. What started as a peaceful uprising has developed into an armed struggle in recent weeks as protestors resist the harsh government crackdown.
ABC News – October 7th, 2011
In the last three weeks, there have been over 70 murders, including two mass killings, by Mexican drug gangs in an attempt to “one-up [other cartels] in their quest to scare off rivals, authorities and would-be informers” (ABC News). Very few killings result in arrests or convictions. Dr. Oscar Alicia, a psychology professor at Iberoamerican University in Mexico City, says that the frequent killings, which began about five years ago, create an atmosphere of fear and helplessness among Mexicans who are “increasingly numb to what’s happening.”