Tuesday, March 11

Types of News: Brief

News briefs are shorter stories about current events. It’s the who-what-when-and-where. “Just the facts, ma’am.” Please see our writers guidelines.

Corruption Comes Into Focus After Special Prosecutor Flees Guatemala
2Aug By Spencer HayesNo Comments
Corruption, Bribes, Illicit Finance & Money Laundering, Types of News: Brief, Types of News: Infographic

Corruption Comes Into Focus After Special Prosecutor Flees Guatemala

August 2, 2021--Corruption has long plagued Guatemala, as well as the broader Central American region. It's one of the root causes of mass migration from the region to the United States. Moreover, it has a corrosive effect on the political and economic systems in Northern Triangle. Occasionally, we come across one incident or event that illustrates the larger problem. That happened this Summer as a special prosecutor fighting corruption in Guatemala fled for his life after getting sacked from his position. Who Is Juan Francisco Sandoval? And Why Does He Matter? Juan Francisco Sandoval worked as a special prosecutor fighting corruption in Guatemala. On July 23, he fled Guatemala for his safety after losing his job. Photo credit: La Hora Juan Francisco Sandoval is a respected Gu...
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U.S. Government To Breach $22 Trillion Debt Limit By August 1
29Jul By Patti MohrNo Comments
Global Economics, Types of News: Brief, United States

U.S. Government To Breach $22 Trillion Debt Limit By August 1

Total Public Outstanding Debt Is $28.4 Trillion Photo by Alexander Schimmeck. July 29, 2021—The United States government is expected to run out of borrowing authority on August 1. That is two to three months sooner than expected. As a result, beginning tomorrow, July 30, the Treasury will suspend sales of certain securities. The debt limit, however, is actually not so simple. Significantly, the implications are larger than sales of securities. Already Exceeding the $22 Trillion Limit Treasury Secretary Janet Yellen wrote to Congress late last week, asking lawmakers to either increase the current limit or continue suspending it. She said that would "simply allow Treasury to pay for previously enacted expenditures." Reaching the debt limit occurs every few years. It means ...
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Global Economy Rebounds to 6 Percent Growth
29Jul By Spencer HayesNo Comments
Global Economics, Types of News: Brief

Global Economy Rebounds to 6 Percent Growth

IMF projections, July 2021 Trade Expected to Grow by 9.7 Percent July 29, 2021--The global economy is returning to strong growth this year, according to the International Monetary Fund. Trade, travel and economic activity are resuming following the global pandemic. In the United States, growth is projected at 7 percent. The Euro area is expected to have a 4.6 percent increase. And emerging markets and developing economies are rebounding from the recession with 6.3 percent growth this year. Prices & Inflation Consumer prices are increasing by 2.4 percent on a global basis. Commodity prices are rising, with oil jumping by 56.6 percent. Trade Trade is expected to pick up by nearly 10 percent this year and then to 7 percent in 2022. According to the IMF, "The merchan...
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Arab Spring’s Sole Democracy Erupts in Crisis
27Jul By Spencer HayesNo Comments
Democracy, Domestic Politics, Types of News: Brief

Arab Spring’s Sole Democracy Erupts in Crisis

Tunisian President Fires Prime Minister, Raids Media And Takes Control July 27, 2021-- Tunisia, while seen as the Arab Spring’s “success model” has entered into its largest political crisis since 2011. Tunisia is one of many countries hit especially hard by the global pandemic. Its economy shrank by 8 percent in 2020. People are expressing anger and demanding changes. As the country faces an economic crisis and mass protests, Tunisian President Kais Saied is intensifying efforts to control the crisis. On Monday, he removed Prime Minister Hichem Mechichi from office. Saied has since imposed a curfew through August 27 and banned gatherings of more than three people. "The most dangerous thing faced by countries and societies is an internal explosion, internal fighting," Saied sa...
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In Rebuff to Brussels, Budapest Plans Referendum On ‘Sexual Propaganda’ Law
27Jul By Steve BerlinNo Comments
Domestic Politics, Europe, EU, Eurozone, Types of News: Brief

In Rebuff to Brussels, Budapest Plans Referendum On ‘Sexual Propaganda’ Law

July 27, 2021—Hungarian President Viktor Orbán doubled down on his country’s law barring any mention of LGBTQ issues in education and the media. Instead of acquiescing to the European Union Parliament’s recent condemnation of the domestic law, Orbán is planning a national referendum on the issue. The vote is to take place by late 2021 or early 2022. The video is available in French by the AFP. Orbán said the law protects children from “sexual propaganda” and that any EU sanctions were unjust. Earlier this month, the EU Parliament voted overwhelmingly to suspend European funds to Hungary because of the new law. EU leaders said the law “constitutes a clear breach of the EU’s values, principles and law.” Rebuke of EU 'Abuse' Orbán said the proposed five-question referendum is mean...
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UK’s Johnson Sees Chance for Green Investments; Will He Seize It?
22Jul By Steve BerlinNo Comments
Climate Action, ESG, Sustainable Finance, Domestic Politics, Types of News: Brief

UK’s Johnson Sees Chance for Green Investments; Will He Seize It?

July 22, 2021 -One-time climate change skeptic UK Prime Minister Boris Johnson now sees an opportunity where he once saw only a grim warning. That opportunity is the chance to attract private investment in a green economy. "We're confident that green technology and green investments are the roots to not just cutting emissions but to long-term job creation and economic growth," Johnson said during a recent meeting with a parliamentary liaison committee. Johnson said he sees "huge" investments happening in wind energy and enormous potential for investments along the British coast. Johnson rolled out a plan that includes a blueprint for private sector investments late last year. The plan targets a 78 percent reduction in greenhouse emissions by 2035 when compared to 1990 levels an...
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Afghanistan Is At the Center Of Attention This Month As The Taliban Raises Havoc
20Jul By Spencer HayesNo Comments
Diplomacy, Types of News: Brief

Afghanistan Is At the Center Of Attention This Month As The Taliban Raises Havoc

July 20, 2021--As foreign troops pull out of Afghanistan, neighboring countries are buttressing up their borders and extending ties with one another to protect themselves against instability. Meanwhile, the Taliban grow increasingly violent.  Growth in Terror Today, the Taliban attacked the presidential palace in Kabul by a rocket attack. Financial Times reported that the rocket attack is the consequence of increased Taliban control. Furthermore, the Taliban most recently seized the Spin Boldak border. Fighting between the Afghan military and Taliban members have placed civilians in the line of fire. On July 16th, Danish Siddiqui, a Reuters’ journalist and photographer, and a senior Afghan officer were killed in what Afghan officials a "Taliban crossfire". Siddiqui was covering the fi...
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Foreign Diplomats Discuss Path To Sustainable Development
16Jul By Steve BerlinNo Comments
Diplomacy, Foreign Aid, International Development, Types of News: Brief, UN Security Council

Foreign Diplomats Discuss Path To Sustainable Development

July 16, 2021—International diplomats cast a particular eye this week on the needs of the world’s poorest countries. As they met under the leadership of the U.N. Economic and Social Council (ECOSOC), representatives looked at ways the poorest countries are trying to rebound from the COVID-19 pandemic. The high-level delegation meetings come amid warnings by the OECD and others that developing countries are at a high risk for rising discontent and protests as many economies struggle to recover from the global pandemic. Sustainable Development Goals for 2030 Representatives to the meetings this week met both in person and virually. They worked on a draft agenda for sustainable development goals for 2030. The draft agenda for SDGs is a significant document for the United Nations. It...
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U.S. and Russia Optimistic About Joint Climate Action
15Jul By Steve BerlinNo Comments
Climate Action, ESG, Sustainable Finance, Diplomacy, Types of News: Brief

U.S. and Russia Optimistic About Joint Climate Action

July 15, 2021—Top officials from the old Cold War’s top superpowers said they see an issue on which they can work together: climate change. Courtesy Needpix.com The optimistic outlook came during U.S. climate envoy John Kerry's four-day visit to Moscow to meet with Russian Foreign Minister Sergei Lavrov and other government officials. The countries they represent produce the second and fourth greatest amounts of carbon dioxide emissions, respectively. China is number one and India is third.* Kerry said, “we believe that there is space for us to cooperate on this," as reported by Radio Free Europe. Lavrov agreed that such discussions are a positive move forward. The detente on climate change is a bright spot during a time of heightened tensions between th...
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China Issues Paper On Human Rights, Xinjiang
14Jul By Spencer HayesNo Comments
Communism, Dictatorship, Human rights, Political Systems, Domestic Politics, Types of News: Brief

China Issues Paper On Human Rights, Xinjiang

July 14, 2021--A day after the U.S. government warned against doing business in Xinjiang, China issued a White Paper today defending its human rights record and asserting that the elimination of poverty supports equal rights. Fighting Poverty And Terrorism "Poverty is a major problem that plagues humanity, and poverty eradication is the most arduous global human rights cause in the contemporary era," the white paper said. It reported that "From 1955 to 2020, Xinjiang’s GDP rose from RMB1.2 billion in 1955 to RMB1.4 trillion in 2020. On a per capita GDP basis, that is RMB241 in 1955 to RMB53,593 in 2020. According to the paper, extremists and terrorists from East Turkistan have incited hatred, discrimination, and violence inside Xinjiang, "taking advantage of people's ethnic and r...
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