International Developments

? “Syria’s exodus: a refugee crisis for the world: Western countries including the US and Britain may be asked to accept tens of thousands of Syrian refugees because the exodus from the civil war is overwhelming countries in the region”.

? “Syria death toll now above 100,000 says UN chief Ban.”

? “U.N. Chemical Weapons Team Arrives In Syria To Probe Alleged Attacks.”

? “The United States has drastically scaled back the number of drone attacks against militants in Pakistan and limited strikes to high-value targets in response to growing criticism of the program in this country.” [emphasis added]

? Since the “Obama administration sees no coup in Egypt“, we can continue sending them military aid.

? “Spain train crash driver under investigation amid questions over speed.”  80 dead.

International Finance

? “Three former UBS . . . bankers were sentenced to prison [yesterday] for deceiving U.S. municipalities by rigging bids to invest municipal bond proceeds”.  Sentences range from 27 to 16 months, fines from $1m to $300,000.  One defense lawyer was “very pleased at the outcome”.

? 14 Caribbean nations are joining together to “seek reparations [from] Britain, France and the Netherlands” for “the legacy of slavery and the genocide of native people.”

Money Matters USA

? Interesting little chart showing changes in the “Consumer Comfort Index” from 2000 – 2013, with 2008 most prominent.  Noticeable improvement in the Comfort Index over the past year (+11.2).

? “Memo to Eliot Spitzer: Private Equity Firms are Scamming New York City”, major marks being public pension funds.

? MI Gov Rick Snyder (R) is enthusiastic about the $225m approved by the Michigan Strategic Fund to build an arena in Detroit. [cont’d.]

Photo by Paul Stein under Creative Commons license

Dan Wright

Dan Wright

Daniel Wright is a longtime blogger and currently writes for Shadowproof. He lives in New Jersey, by choice.