"Economists are pessimists: they've predicted 8 of the last 3 depressions."
--Barry Asmus

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Tuesday, May 10, 2011

World News!

European Union
  • In the wake of the earthquake, and tsunami, and Fukushima nuclear disaster, Prime Minister Naoto Kan has stated that Japan will be reexamining its energy plans.  "The current basic policy envisages that over 50% of total electricity supply will come from nuclear power while more than 20% will come from renewable power in 2030," he said, "But that basic plan needs to be reviewed now from scratch after this big incident."
  • In a move to stabilize relations between the United States and Pakistan in the wake of the "Osama Bin Laden was apparently living 35 miles from Islamabad for years" controversy, Pakistani government officials indicated that they may allow US investigators to question Osama Bin Laden's wives.  No final decision has been made, however.
  • Do you think our relationship with Pakistan is strained right now?  It could have been far worse.  It was revealed yesterday that President Obama insisted that the force that infiltrated Pakistan and killed Osama Bin Laden be large enough to fight its way back out of Pakistan if confronted by hostile local police officials or soldiers.  "Their instructions were to avoid any confrontation if at all possible.  But if they had to return fire to get out, they were authorized to do so."  Additional details about the mission are that there were two teams of specialists on standby - one to bury Bin Laden if he was killed, and the second to interrogate him if he was captured alive.
  • The island nation is set to leap forward 1 day in time, as it prepares to switch which side of the international date line it is on in order to facilitate trade with Australia and New Zealand.
United States
[1]  Quote from the Attorney General.
[2]  Which programs "these programs" are is not specified.

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