Current Events for the Week of 5 December 2011
Current Events for Monday, 5 December 2011
- Massachusetts Institute of Technology (MIT) research panel: U.S. power grid needs cybersecurity protection
- HSBC purchasing managers’ index shows Chinese slowdown spreading to all sectors
- Peruvian President Ollanta Humala declares state of emergency in northern region affected by bitter protests against huge gold mine
- Some “original” planning #OccupyWhiteHouse
- Western economic issues overshadow Afghan meeting
- Italian Prime Minister Mario Monti unveils sweeping austerity measures sure to anger Italians
- Russian Prime Minister Vladimir Putin’s Yedìnaya Rossìya (United Russia) party suffers parliamentary elections set-back
- Investigative panel finds Olympus Corp. his up to $1.67 billion in losses from investors, stopped short of recommending criminal charges
- Germany would support changes to European Stability Mechanism (ESM) with tightening of budget rules
- Swedish Automobile NV, Zhejiang Youngman Lotus Automobile agree Bank of China to become part-owner of troubled automaker
- U.S. Senate Democrats set to unveil new compromise Federal Insurance Contributions Act (FICA) tax holiday plan
- At least one dozen Syrian secret police defect, join anti-government protests
- Islamic Republic News Agency (IRNA) reports U.S. unmanned aerial vehicle (UAV, “drone”) reconaissance vehicle, U.S. denies
- Former U.S. House of Representatives (House) Speaker Newt Gingrich (R., GA) surges to first-place in Des Moines Register
- Iran warns crude oil would likely exceed $250 per barrel if their exports were restricted
- Former Godfather’s Pizza chief executive officer (CEO), Republican party (GOP) presidential hopeful Herman Cain formally announces he is dropping out of the race
- Newly formed Comunidad de Estados Latinoamericanos y Caribeños (CELAC, Community of Latin American and Caribbean States) raps U.K. over Falkland Islands claim, criticizes U.S. over Cuban embargo
- U.S. Secretary of State Hillary Clinton talks with Pakistani Prime Minister Yousaf Raza Gilani over North Atlantic Treaty Organization (NATO) strike last week that killed 24 Pakistani soldiers
- Pakistan announces rules-of-engagement change
- Egyptian Muslim Brotherhood leads in run-off
- Apple Inc. fails to convince U.S. judge to halt sales of The Samsung Group’s Galaxy smartphones, tablets
- U.S. unemployment rate fell to a two-year-low of 8.6% in November
- Royal Dutch Shell plc announce Syria pull-out
- Australian parliament agrees to overturn long-standing ban on exporting uranium to India, Pakistan claims it should have equal access
- Bahraini Interior Minitry: small bomb was cause of explosion near British embassy in Manama
- Slovenian voters expected to choose center-right party in parliamentary elections
- Center-left Croatian Kukuriku bloc on-course for parliamentary win
- France reduces Tehran embassy staff
- Kosovo, Serbia reach shared border crossing agreement
- Rwandan journalist critical of President Paul Kagame found shot to death in Uganda
- YouTube.com rolls-out new look amid user criticism
- World Health Organization (WHO) warns Europe over impending measles outbreak
- U.S. hands Camp Victory over to Iraqi security forces
- U.S. Department of Education issues new guidelines on how institutions may use race to boost diversity
- Wisconsin Governor Scott Walker (R.) vows to crush “union bosses”
Current Events for Tuesday, 6 December 2011
- At least 30 killed, 67 wounded in Kabul Shi’a shrine suicide attack, deathtoll expected to rise
- At least 30 killed in series of attacks on Iraqi Shi’a pilgrims marking Ashura
- U.S. National Aeronautics and Space Administration’s (NASA) Kepler Space Telescope team discovers Earth-like planet, Kepler-22b, orbiting in habitable zone of star some 600 light years away
- U.N. Security Council (UNSECO) toughens sanctions against Eritrea for its alleged support of al-Shabab Islamist militants
- New York Police Department (NYPD) resume search for suspected serial killer after ten sets of human remains found at Oak Beach, NY
- U.S. Department of Defense (DoD) “concerned” over loss of Lockheed-Martin RQ-170 Sentinel UAV in Iran
- Several thousand anti-Putin protesters clog Moscow streets
- Standard & Poor’s (S&P) warns of unprecedented mass downgrade of European debt if E.U. ministers fail to deliver on financial promises
- U.S. Postal Service (USPS) plans to end next-day mail, trim 28,000 jobs as cost-cutting measures
- Reuters: former Massachusetts Governor Mitt Romney (R.) spent almost $100,000 in state funds to replace office computers at end of gubernatorial term in 2007
- Italian Prime Minister Monti warns of Greek-style economic collapse without austerity
- BP plc accuses Halliburton Co. of destroying evidence relating to Macondo well blow-out last year
- Fitch Ratings, Moody’s Investors Service (Moody’s), S&P warn of long-term problems caused to states by congressional indecision over debt
- U.S. Federal Aviation Administration (FAA) Administer Randy Babbitt on leave after driving while intoxicated (DWI) arrest
- America’s Research Group survey: more than one-third of U.S. shoppers already done for holiday season
- Former hedge fund multimillionare Raj Rajaratnam begins 11-year insider trading sentence
- Chicago Federal Reserve Bank President Charles Evans: U.S. Federal Reserve Board must act now to ensure economic growth
- U.S. Senate Majority Leader Harry Reid (D., NV): U.S. Senate may vote by end-of-week on FICA tax plan
- U.S. service sector growth cooled in November, factory orders fell
- The Wall Street Journal: bankruptcy estate of collapse Lehman Brothers Holdings Inc. close to naming new board of directors
- British Supreme Court to hear WikiLeaks founder Julian Assange’s extradition appeal
- Asian Development Bank (ADB) again downgrades 2012 forecast
- Belgian King Albert II formally names Socialist Elio Di Rupo prime minister, bringing country closer to ending 18-month political impasse
- Swiss-based research team uses molybdenite (MoS2) to create thinner, smaller, low-energy consuming microchip
- Organisation of Economic Co-operation and Development (OECD) report: global wage inequality “getting worse”
- International Court of Justice (ICJ) rules Greece was wrong to block Macedonian bid to join North Atlantic Treaty Organization (NATO) due to name
- Japanese officials confirm Fukushima Dai-ichi Nuclear Power Plant has radioactive water leak
- Syria “to sign Arab League deal”
- Facebook details expansion plans, acquires location-based Gowalla
Current Events for Wednesday, 7 December 2011
- Egyptian Muslim Brotherhood claims most votes in parliamentary election run-off
- Pakistani President Asif Ali Zardari suffers minor heart attack
- U.S. DoD: malfunction likely culrit in UAV downing
- U.S. Department of State: U.S. “wary” of Israeli Iran plans
- #Occupy movement turns focus to foreclosures
- U.S. Federal Reserve to hold-off on any additional quantitative easing (QE)
- U.S. Secretary of the Treasury Timothy Geithner heads to Europe, to meet with French President Nicolas Sarközy over European debt problems
- Massachusetts to permit public access to hundreds of previously off-limits offical records
- U.S. FAA Administrator Babbitt resigns
- U.S. President Barack Obama (D.) slams Republicans, Wall Street in populist speech
- Lehman Brothers Holdings Inc. receives final judicial permission to exit bankruptcy
- U.S. Senate Republicans block Caitlin Halligan’ nomination to the U.S. Court of Appeals or the District of Columbia Circuit
- European Securities and Markets Authority (ESMA) turns table on rating agencies, investigating their motives
- India urges social media sites, including Facebook and Twitter, to remove offensive content
- China warns of “severe challenges” as exports slowdown
- British study: extreme sport training may contain heart risk
- Former Israeli President Moshe Katsav begins seven-year prison sentence for rape conviction
- Australian officials confirm citizen sentenced to 500 lashes, one year in prison for basphemy in Saudi Arabia
- Brazilian economic growth comes to screeching halt with no growth seen in quarter-three (Q3)
- U.S. Secretary of State Clinton: “gay rights are human rights”
- Technical difficulties delay publication of Congolese election results by 48-hours, President Joseph Kabila in lead
- One Palestinian militant killed, two injured in Israeli air raid in Gaza Strip
- U.S. Department of State opens “virtual embassy” for Iran
- Australian economy grew by more than expected 2.5% in Q3
- Citigroup Inc. announces plans to cut some 4,500 jobs
- American coal firm Massey Energy Co. to pay record $210 million for Upper Big Branch mine disaster that claimed 29 lives in 2010
- Google Inc.: more than 10 billion applications (apps) have been downloaded for Android platform
- U.S. Department of State confirms U.S. Ambassador Robert Ford to return to Damascus
- British Prime Minister David Cameron gunks-up hopes for new E.U. treaty
- Kuwaiti Emir Sabah Al-Ahmad Al-Jaber Al-Sabah dissolves parliament in corruption row
- Internet Corporation for the Assignment of Names and Numbers (ICANN) confirms .xxx domain names up for sale
- Meiji Dairies Corp. recalls baby formula after discovery its tainted with radioactive cæsium
- Hezbollah leader Sheikh Hassan Nasrallah makes rare Beirut appearance
- French parliament begins debate on criminalization of prostitution
- U.S. Senate Judiciary Committee Chairman Patrick Leahy (D., VT), U.S. House Judiciary Committee Chairman Lamar Smith (R., TX) to “push through” online piracy bills
- Surging GOP contender Gingrich forces Romney “reboot”
- U.S. Obama administration announces it will “step-up” Patient Protection and Affordable Care Act (PPACA) protection
- Former Utah Governor Jon Huntsman (R.): climate scientists “owe us” better explanation
Current Events for Thursday, 8 December 2011
- Former MF Global Holdings Ltd. CEO Jon Corzine to deliver opening remarks to U.S. congressional panel
- France, Germany to push conservative financial agenda in Brussels
- Former Pennsylvania State University (PSU) assistant football coach Jerry Sandusky arrested on two new charges
- International Association of Machinists to vote on new Boeing Co. offer
- S&P reaffirms intent to downgrade European nations, banks if eurozone fix doesn't materialize
- European Central Bank (ECB) to cut rates, buy bonds
- German police confirms Deutsche Bank CEO Josef Ackermann received envelope filled with “explosive power”
- Former Illinois Governor Rod Blogojevich (D.) sentenced to 14-years in-prison
- BP plc hit with five more citations from U.S. government, receives legal salvo from Halliburton
- AstraZeneca plc plans second wave of U.S. sales jobs cuts
- Risk Management Solutions (RMS): Midwest U.S. earthquake could cause $100 billion in economic causes, $50 billion in insured losses
- U.S. Department of the Treasury: U.S. Treasury Secretary Geithner met with ECB, International Monetary Fund (IMF) heads on Wednesday
- U.S. NASA space survey shows thousands of near-Earth asteroids could cause major damage
- Russian Prime Minister Putin officially files candidacy papers for 4 March 2012 presidential election
- Russian Prime Minister Putin accuses U.S. of being behind rallies against him
- Iranian internet authorities block U.S. “virtual embassy” website hours after it went live
- Reuters economists poll: France likely to lose triple-A rating “in months”
- Syrian President Bashar al-Assad: only “crazy” leaders kills their own people, denies ordering security forces to kill anti-government protesters
- Helmand roadside improvised mine kills 19
- U.S. Secretary of Health and Human Services Kathleen Sebelius blocks “Plan B” over-the-counter sales
- Chinese officials approve Nestlé S.A. buyout of Hsu Fu Chi International Ltd.
- Thailand jails U.S. citizen Joe Gordon for posting online links to banned King Bhumibol biography
- U.S. President Obama warns GOP congressmen should not try to link Keystone XL Pipeline to FICA tax holiday
- Philadelphia District Attorney Seth Williams announces his office will no longer push for the death sentence in Mumia Abu Jamal case
- Kenyan parliament approves plan to integrate Kenyan troops into African Union (A.U.) forces in Somalia fighting al-Shabab militants
- Yemen forms coalition government
- Swedish court gives Saab Automobile AB one week to present financial plan or face bankruptcy
- Microsoft Inc. unveils Windows app store
- Brilliant Corners Research survey: U.S. President Obama’s support among minorities still strong in swing states
- U.S. Congress “close to deal” on $1 trillion omnibus spending bill
- Bloomberg survey: international investors bullish on U.S. economy
Current Events for Friday, 9 December 2011
- The Samsung Group wins round in battle with Apple Inc. over patents in Galaxy smartphones, tablets
- U.K. left isolated as most European nations agree to follow France, Germany down path of stronger, separate eurozone treaty
- German parliament refuses to authorize strengthening of European Financial Stability Fund (EFSF)
- ECB refuses additional help for eurozone, global stocks collapse
- Wal-Mart Stores Inc. launches internal, international investigation into its overseas practices
- U.S. NASA Mars rover Opportunity discovers gypsum vein
- Former MF Global CEO Corzine tells U.S. congressional panel he did not “intend” to break the rules
- Two dead, including police officer, in Virginia Polytechnic Institute and State University (Virginia Tech) shooting
- U.S. House Republicans fall in-line over FICA tax holiday if it also includes Keystone XL Pipeline deal
- U.S. House Judiciary Committee Republicans grill U.S. Attorney-General Eric Holder over Operation Fast & Furious
- Support for Durban round of international climate talks grows, Greenpeace Executive Director Kumi Naidoo suggests U.S. should be excluded from further meetings
- American jobless claims hit nine-month low
- Syrian oil pipeline attacked by rebel groups
- German exports unexpectedly fell 3.6% in October
- U.N. Secretary-General Ban Ki-moon visits Mogadishu, highest-ranking foreign official to visit capital in years
- Toyota Motor Corp. slashes profit forecast due to Thai flooding, continuing strong yen (¥)
- Islamic Republic News Agency (IRNA) broadcasts video of purported downed U.S. UAV
- Moody’s downgrades three French banks, BNP Paribas S.A., & Crédit Agricole S.A. from Aa2 to Aa3 and Société Générale S.A. from Aa3 to A1
- The Netherlands formally apologizes to Indonesia over 1947 massacre committed by its soldiers in the Indonesian war for independence
- Five Nobel Peace Prize winners, including the Archbishop Desmond Tutu, urge China to free fellow Nobel laureate Liu Xiaobo
- Island Smokes tobacco stores in New York City (NYC) to be charged with tax evasion
- The Vatican announces Pope Benedict XVI will visit Cuba next year
- Chinese inflation hits 14-month low
- U.S. Senate Republicans block U.S. President Obama’s nominee to head Consumer Financial Protection Bureau (CFPB) Richard Cordray
- Zimbwean President Robert Mugabe calls for elections next year
- Twitter announces “brand” pages
- American news agency The Associated Press (AP), German broadsheet Süddeutsche Zeitung investigation claims U.S. Central Intelligence Agency (CIA) “secret prison” found in Bucharest
- Malawian Justice Minister Ephraim Chiume announces his nation will review controversial homosexual laws, cites U.S. foreign aid stance as cause
- The Washington Post: the partial remains of at least 274 cremated U.S. soldiers were dumped at landfill between 2004 and 2008 by Dover Air Force Base (AFB)
- Oxford University study: reduced levels of Vitamin D caused by rare genetic variant “directly linked” to multiple sclerosis
- The Coca-Cola Co. moves recipe from bank vault it’s been in since 1925 to new exhibit at the company’s Atlanta headquarters
- Decision on controversial Mekong River hydroelectric dam postponed by involved nations for more environmental studies
- China, Microsoft Inc. founder Bill Gates in-talks on ways to develop “low cost, very safe” nuclear power reactor
- University of Tokyo study shows penguins “calculate” dive depth based on flap propulsion power
- Environmental photojournalist Jenny Ross captures rare footage of polar bear cannibalism
- New Gallup poll suggests Americans believe $150,000 per year in salary makes one rich
- Gallup poll: GOP 2012 enthusiasm dipping
- U.S. 2010 Census: income gap in urban centers widened