Greece appoints economist as new PM promising to pass EU package; Italy may follow suit with its own technocract PM; Italian bond yields soar; Asian markets fall over EU uncertainty; China posts massive trade surplus as imports fall; IAEA report says Iran building nuclear weapon; Iran condemns report while Russia rejects santions call; Palestine expected to lose Security Council vote on statehood; and more
Top of the Agenda: Uncertainty in Greece and Italy as Eurozone Fears Persist
Berlusconi wins budget vote but loses majority; Italian PM meets with ministers as allies urge him to resign; Bonds hit new high; Australia set to get carbon tax; US to use APEC to pressure China on yuan; Syrian forces enter Hama; Syrian protesters call for intervention in Hom "disaster area"; and more
Top of the Agenda: Pressure Mounts on Berlusconi After Losing Majority
Greeks to form new government which will implement EU plan for sovereign debt; calls for Italian prime minister Silvio Berlusconi to resign due to debt crisis; 500 dead in Bangkok flood; Indonesian government to increase defense budget by 35 per cent in response to China's growing military influence; Iran on brink of developing nuclear weapons; China and Pakistan to strengthen ties; and more
Top of the Agenda: Greeks to Form New Government; Pressure Mounts on Italy
Why does our political landscape so often resemble open mic night at the local comedy club?
Politicians, regardless of where they come from, are supposed to be professional. We pay them heaps of money to think carefully about the problems facing their country, to propose workable solutions, to debate the merits of various proposals, and to implement their ideas if we let them.