MEXICO - The opening day of the G20 summit was threatening to deteriorate into a fractious row between eurozone countries and other non-European members of the G20, notably the US, as EU commission president José Manuel Barroso insisted THE ORIGINS OF THE EUROZONE CRISIS LAY IN THE UNORTHODOX POLICIES OF AMERICAN CAPITALISM.
EUROPE - A classified draft of next week’s EU summit conclusions is the first step on an emerging “roadmap” to a banking union, pooling debt via eurobonds and political union via EU treaty change over the next 10 years.
UK - Our political leaders have not mentioned this, not told us Europe is up the creek without a paddle, because half of them are in denial about what is going on, and not one has a sensible idea what to do about it.
EUROPE - Ten days before Greece’s elections, a member of the neo-nazi party, Golden Dawn, repeatedly hit a female candidate of the communist party while appearing live on a television talk show and threw water over a female candidate of the radical left Syriza.
CHICAGO, USA - As many as 200 Chicago police officers were assigned to provide extra security for the wedding of White House adviser Valerie Jarrett’s daughter, despite the fact that this year Windy City residents have been slain in greater numbers than US soldiers in Afghanistan.
ISRAEL - The IDF has deployed Armored forces near the Israel-Egypt border, moving tanks closer to the fence, Ynet has learned. The unusual move followed Monday's terror attack on defense contractor crews building the new security fence.
EGYPT - The Muslim Brotherhood has vowed to face down Egypt's ruling generals in a "life or death" struggle over the country's political future, after declaring that its candidate had won the presidential election and would refuse to accept the junta's last-ditch attempts to engineer a constitutional coup.
SUDAN - Sudan's police used tear gas and batons to break up protests in Khartoum on Monday, witnesses said, after President Omar Hassan al-Bashir unveiled tough austerity measures to plug a budget deficit.
USA - At a time of skyrocketing federal debt, declining morality and growing spiritual apathy and apostasy, New York Times bestselling author Joel C Rosenberg – known as a “modern-day Nostradamus” – says America may face cataclysmic collapse in the not-too distant future.
USA - Firefighters faced dangerous conditions across much of the Rocky Mountain region Monday, as they toiled in hot, dry weather to battle a wildfire that has charred nearly 92 square miles in northern Colorado. Authorities said they determined eight more homes have burned in the fire near Fort Collins. The blaze started June 9 and now has destroyed at least 189 homes — the most in the state's history. The fire is 50 percent contained.
GERMANY - Forty years ago, the massacre of Israeli athletes and coaches overshadowed the Munich Summer Olympics. Though it was never proved, left-wing extremists were suspected of working with the Palestinian terrorists behind the operation. But previously unreleased files seen by Spiegel prove that neo-Nazis were involved instead - and officials knew about it.
GREECE - Greece's centre-right New Democracy party will try to form a coalition on Monday with other parties backing the international bailout after a narrow election victory over the left that eased fears of a sudden exit from the euro.
UK - The exact circumstances and timing of Greece’s ejection from monetary union no longer have any systemic importance for global finance. The damage has already been done. The precedent of EMU break-up is by now priced into the credit markets. Formalising it changes little.
UK - David Camerron will warn today that the world economy faces ‘five big threats’ that could lead to a repeat of the 2008 financial crisis. The Prime Minister will urge world leaders to ‘get a grip’ on the eurozone crisis; debts; the challenges of growth and low competitiveness; protectionism; and the failure to regulate the banking system.
UK - In a stark warning to the Government that any economic union as a result of the eurozone crisis could have negative effects on the UK, the director general of the British Chambers of Commerce, John Longworth, said that the balance of advantages of the single market were being damaged by the weight of regulation.