NIGERIA - Nigeria's pastors run multi-million dollar businesses which rival that of oil tycoons, a Nigerian blogger who has researched the issue has told the BBC. Mfonobong Nsehe, who blogs for Forbes business magazine, says pastors own businesses from hotels to fast-food chains.
AFRICA - African leaders meet this weekend to push forward proposals to bring more than half a billion consumers from Cape Town to Cairo into a single free trade zone. Heads of state from the Southern African Development Community, the Common Market for Eastern and Southern Africa, and the East African Community trade blocs will meet on June 12 in Johannesburg, South Africa for only their second meeting after an initial summit in October 2008.
CHINA - Take a map of China, and begin pressing thumbtacks into it for each spasm of violence: an eruption of ethnic Mongol anger against majority Han citizens in the northern region of Inner Mongolia a few weeks ago; bomb blasts set off last month by disgruntled citizens in eastern Jiangxi province and northwestern Gansu province; and demonstrations by more than 1,000 people last week in central Hubei province, where a local official investigating a questionable real-estate transaction died while in police detention.
UK - More than a million public sector workers could strike for weeks on end in protest at plans to slash their pensions, a union chief warned yesterday. The leader of the largest union said it was a question of 'when, not if' hospital and council staff begin what he called a 'sustained' period of industrial action.
USA - A "perfect storm" of fiscal woe in the US, a slowdown in China, European debt restructuring and stagnation in Japan may converge on the global economy, New York University professor Nouriel Roubini said.
GREECE - Greece was branded with the world's lowest credit rating by Standard & Poor's, which said the nation is "increasingly likely" to face a debt restructuring and the first sovereign default in the euro area's history.
USA - When adding in all of the money owed to cover future liabilities in entitlement programs the US is actually in worse financial shape than Greece and other debt-laden European countries, Pimco's Bill Gross told CNBC Monday.
UK - Admiral Sir Mark Stanhope said the campaign would have been more effective without the Government's defence cuts. The aircraft carrier and the Harrier jump-jets scrapped under last year's strategic defence review would have made the mission more effective, faster and cheaper, he said.
USA - The corporate media continues to show its intellectual bankruptcy considering that their primary focus over the past week has been on the scandal surrounding Congressman Anthony Weiner and the sexually oriented messages he admitted to sending over Twitter.
UK - He was notoriously reluctant to discuss religion while Prime Minister, with his chief spin doctor Alastair Campbell famously commenting: 'We don't do God.' But since leaving Downing Street in 2007, Tony Blair has become increasingly open about the importance of religion. Mr Blair, who converted to Catholicism months after leaving Number 10, has now spoken of how he reads the Koran every day.
PHILLIPINES - For decades, scientists have been tweaking rice to achieve small increases in yield every year. But over the past decade or so, those increases have reached a plateau while demand for rice keeps growing. Scientists say they are limited to what they can do with rice unless they totally re-engineer its genetic structure.
TURKEY - Turkey's ruling party won a third term in parliamentary elections Sunday, setting the stage for the rising regional power to pursue trademark economic growth, assertive diplomacy and an overhaul of the military-era constitution. However, results indicated that the Justice and Development Party of Prime Minister Recep Tayyip Erdogan had not won a two-thirds majority in parliament, a shortcoming that would force it to seek support for constitutional change from other political groups.
USA - BY THE PRESIDENT OF THE UNITED STATES OF AMERICA
A PROCLAMATION
GERMANY - Consigned to a minor role at last week's G8 summit, the economic power of Germany is in danger of being sidelined politically, argues Gerd Appenzeller from Der Tagesspiegel. It's a thoroughly shameful situation. It's the precipitous decline of an important nation, a nation that is regressing back to a time when it was a passive player in global affairs.
GERMANY - Karl Lauterbach, health spokesman for the opposition Social Democrats, has warned that some of those who have fallen ill in the E.coli epidemic could face severe health problems. "Around 100 patients have suffered such terrible kidney damage that they will require a transplant or have to undergo dialysis for the rest of their lives," he told the Bild am Sonntag newspaper.
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