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International Developments

? “Egypt’s military investigate Morsi over ‘colluding with Hamas’ in revolution.”  Update:  “Huge rallies by supporters and opponents of Egypt’s ousted Islamist president are continuing into the night with five people killed in Alexandria.”

? “Obama ‘Concerned and Disappointed’ After Journalist Who Exposed US War Crimes Freed:  Abdulelah Haider Shaye ‘put in prison because he had the audacity to expose’ deadly US drone strike.”

? 39 killed, 100+ injured “after two bombs exploded in a market in northern Pakistan.”

? Two Guantanamo detainees to be sent back to Algeria.

? “Only 28% Believe Afghan War Is Worth Fighting.”

International Finance

? Following the Federal Housing Finance Agency’s $885m settlement with UBS, Credit Suisse and Deutsche Bank have “set aside money”, and the Royal Bank of Scotland fears it will be broken up, in addition to facing “a multibillion-dollar payment in the U.S.”

? Remember Dominique Strauss-Kahn and the NY hotel maid case? “Ex-IMF chief Strauss-Kahn to be tried for pimping.”

Money Matters USA

? “Senate Democrats are circulating a letter urging President Barack Obama to appoint Janet Yellen” as head of the Federal Reserve.   Uh-oh:  Wall Street doesn’t want Summers, either; they want Yellen, too.  Bait-and-switch?

? “SAC Capital Is Arraigned on a Raft of Criminal Charges.”  “SAC: federal grand jury indicts hedge fund for inside trading.”

? Under Detroit Emergency Manager Kevyn Orr’s plan, “pension funds, unions and unsecured bondholders would receive, in some cases, as little as 10 cents on the dollar” while Bank of American and UBS will get 75 cents.  He’s also looking at selling the city’s art collection, “Belle Isle,” etc

? “FEMA Grants Nearly $3m for West, Texas, Schools.”

In Hot Pursuit

? US Attorney General Eric Holder “has told the Russian government that the U.S. will not seek the death penalty for . . . Edward Snowden.” Holder’s letter “also offers . . . guarantee that Snow won’t be tortured.”  Emptywheel responds.

? “Putin’s spokesman . . .: Russia wont extradite Snowden to US. . . . There is no U.S.-Russia extradition treaty.”

? “German president [Joachim Gauck] says whistleblowers like Snowden merit respect.” [cont’d.]

Dan Wright

Dan Wright

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