Originally published on Wed January 11, 2012 3:45 pm
Parts of Nigeria are under a 24-hour curfew, after demonstrations against a government policy to end fuel subsidies turned into a fiery rampage in the city of Minna. The BBC reports that "hundreds of rioters set fire to government and political party offices and also targeted the homes of local politicians."
As we've said before, to figure out what the Federal Reserve means when it reports about how the economy is doing and whether policymakers think it's doing better or worse, you need to carefully compare the central bank's latest words to what it has said in preceding months.
Citing the state's upcoming 100th birthday, Gov. Jan Brewer on Monday asked lawmakers to buy back three buildings at the Capitol that were mortgaged off two years ago to balance the budget.
The move will cost the state $105 million out of its current budget surplus. Brewer press aide Matthew Benson said the state has the cash.
Benson acknowledged the state actually got only $81 million for the state House, the Senate and the nine-story executive tower that includes Brewer's office when it negotiated a “sale-leaseback'' arrangement in 2010.
U.S.-Pakistan ties are virtually frozen. And now, relations between Afghan President Hamid Karzai and Washington are once again getting frosty.
Over the weekend Karzai surprised the Americans with the demand that the largest U.S.-run prison be turned over to Afghan control much sooner that planned.
It's the latest in a series of announcements by the Afghan government that sometimes appear designed to embarrass and annoy U.S. officials, as well as complicate American plans to withdraw troops from Afghanistan.
Originally published on Wed January 11, 2012 1:34 pm
After a third-place finish in New Hampshire, the state he poured his heart and soul into and placed all his bets on, Jon Huntsman doesn't need any more bad news. Just a cursory look at the headlines, and you find they're mostly talking about the end. Even the Christian Science Monitor doesn't mince words, asking, "Is Jon Huntsman toast?"
An explosion in Tehran Wednesday killed an Iranian nuclear scientist while he was driving his car. It's the fifth such death in five years, and Iranian officials immediately blamed Israel. The attack is the latest manifestation of escalating tensions between Iran and the West.