Morning News Roundup
By Jewcy Newshound / December 14, 2007
Stressed Climate The EU is facing-off against the US, Canada, and Japan at a UN climate summit in Bali. The disagreement is due to the EU's demands for "industrialized nations" to commit to cutting their domestic emissions 25-40% by 2020. … Read More
Stressed Climate The EU is facing-off against the US, Canada, and Japan at a UN climate summit in Bali. The disagreement is due to the EU's demands for "industrialized nations" to commit to cutting their domestic emissions 25-40% by 2020. Glasgow Bombers Tied to Al-Qaeda in Iraq A British investigation of the failed bombing of Glasgow Airport in June maintains that Bilal Abdulla and Kafeel Ahmed (a doctor and aeronautical engineer, respectively) coordinated with Al-Qaeda in Iraq to plan the attacks. Brazil and Venezuela: Now With More Oil Well at least someone is expanding refinery capacity in the Western Hemisphere. Unfortunately for US interests it's a joint venture between Venezuela and Brazil. Venezuela's President, Hugo Chavez, and Brazil's Luiz Inacio Lula da Silva have been negotiating in Caracas and have concluded with an agreement to build a refinery in Brazil. The venture will split 60-40, with Venezuela being the minority stakeholder. Serbia in the EU We're well in to the decade, so it's just about time for the Balkans to fall apart and go to war. Kosovo is seeking recognition as an independent nation-state and this is making the Serbs uncomfortable. In an attempt to assuage their dissatisfaction, other European nation-states are offering Serbia a chance to gain fast-track acceptance into the EU. The condition of this accelerated welcome, of course, is abstinence from ethnic cleansing. Performance Review It's been a week erratic buying and selling on Wall Street, but the Financial Times is reporting some good news for the US: the dollar has climbed to its highest point in a month. Over at Slate, Daniel Gross takes a moment to speculate about Fed Chairman Ben Bernanke's reaction to the subprime crunch and is pessimistic about his record. Slate on Mitchell Report An assortment of Slate's stable of writers react to the content of the Mitchell Report. Meanwhile, the Washington Post welcomes Roger Clemens(*) to asterisk hell.