Israel's Diplomatic Crisis Worsens; Dallas Cowboys and New York Jets Kick Off NFL Season; Are the Markets More Volatile Now Than Ever Before?; Could 'Contagion' Happen in Real Life?; This Week's Agenda: Obama's Jobs Tour, First Tea Party Debate; Assessing Terror Threats 10 Years After 9/11; South Carolina's Anti-Voter Fraud Law Stirs Controversy; US Open: News and Analysis from Finals; The State of Marital Unions in the African-American Community
President Obama will unveil his $447 billion jobs proposal in a ceremony in the Rose Garden later today, and will travel to North Carolina and Ohio to solicit support for the initiative later this week.
Egyptian protesters surrounded Israel's embassy in Cairo on Saturday, prompting Israel to deploy military jets to rescue their diplomats there. A clash between police and demonstrators ensued. The protests were in response to Israel's military killing five Egyptian policemen on the Gaza border last month, as Israeli forces pursued militants who had killed eight Israelis.
The NFL season kicked off this weekend with the Dallas Cowboys losing to the New York Jets, Baltimore taking down Pittsburg, the Colts losing to the Texans, and the Redskins taking down the Giants. Nando di Fino, sports writer for The Wall Street Journal, gives a preview of the new NFL season, and gives his picks for fantasy fans.
Economists are predicting yet another week of drama in the Global financial markets. European leaders continue to disagree on the best way to handle the sovereign debt crisis and bail out Greece and other countries needing financial assistance. Meanwhile in the U.S., President Obama hopes his new jobs act will set the economy on a path to recovery — if Congress passes it. All this uncertainty in the political arena does nothing to help steady the markets, which continue to be extremely erratic. The month of August saw stocks in the Standard & Poor’s 500 index lurching hundreds of points within individual days and making huge swings in the course of a week.
This weekend, the virus disaster film "Contagion" was the top-grossing new movie in box offices across America. The film stars a heavy-hitting cast of well-known actors, including Matt Damon, Kate Winslet, Jude Law, and Gwyneth Paltrow. It's unsettling to watch for many people, because it's about a global pandemic of a deadly virus, which threatens to end civilization as we know it — which prompts the question: could this really happen?
President Barack Obama continues his jobs tour this week, with stops in Columbus, Ohio and Raleigh-Durham, N.C., rallying support for his jobs plan. Federal Reserve Chairman Ben Bernanke is expected to speak at a conference on regulation of systemic risk on Thursday, five days before the Federal Open Market Committee begins its meetings next week. Tonight, is the first Tea Party debate, which GOP presidential hopefuls Michele Bachmann, Mitt Romney and Rick Perry are expected to attend. And Anthony Weiner's old Congressional seat in New York's ninth district is up for grabs in a special election tomorrow.
The National 9/11 Memorial opens to the public in New York today. The opening follows a somber weekend around the country as Americans remembered the terrorist attacks of September 11, 2001.
Federal authorities are still on alert after news of a "specific, credible" terrorist threat for New York City and the District of Columbia broke on Thursday night, as the tenth anniversary of September 11 approached. The memorial service at Ground Zero still went on as promised Sunday, with thousands of people coming to the site to pay tribute to those who died and those who survived in the 9/11 attacks. Meanwhile, on Saturday the Taliban took credit for a suicide bomb attack on NATO forces in eastern Afghanistan, injuring at least 80 people.
Saadi Gadhafi, one of Col. Moammar Gadhafi's sons, has fled from Libya to Niger. The defection comes a week after a dozen top officials from the Gadhafi regime crossed into Niger, leading some to speculate that Col. Gadhafi may have fled there. The BBC's Thomas Fessy reports from Niamey, Niger about what these high profile defections mean for a new Libya and their West African neighbors.
A week after Egypt's media minister declared that the government would take legal action against outlets that "endanger the stability and security" of the country, Egyptian security forces raided the offices of Al Jazeera in Cairo on Sunday. The raid has prompted allegations of a crackdown on the news media by the transitional military-led government. Al Jazeera Live Egypt is a spin off of the Qatar-based Al Jazeera network that was founded after the civilian uprising that led to the ouster of President Hosni Mubarak.
Ahead of the 2012 presidential election, a fight is brewing on voter identification laws. At stake is the question of whether the problem is serious enough to threaten the results of the elections. South Carolina took an extra step to combat voter fraud in May, when Governor Nikki Haley signed a bill into law which requires voters to show government-issued photo identification. Supporters of the move say that this will curb the potential for voter impersonation. But critics say that this would disenfranchise the thousands of registered South Carolinian voters who do not have a driver’s license or other photo identification, and that voter fraud is not a major problem. Six other states have now adopted similar measures.
The U.S. Open comes to a close tonight and Rafael Nadal is hoping to end his losing streak against top-ranked player Novak Djokovic in the men’s finals. He’ll look to capture something of the underdog spirit embodied by Samantha Stosur — the Australian who beat Serena Williams in last night’s women’s final. Williams captured attention both for the amazing comeback she made from a life-threatening illness earlier this year, and also for the anger and frustration she exhibited on court during some fiery exchanges with the umpire.
Throughout the course of American history, a lot has been said about marriage in the African-American community. From scientific racism to the Moynihan Report to Tyler Perry, the way we discuss marriage in black America can be difficult and often controversial. The marriage rate has declined for all Americans over the past forty years, but it’s declined much faster in the black community. Why is this?
Over 100 people are dead and more than 80 have been taken to the hospital after a gas pipeline exploded in Kenya's capital this morning. The pipeline runs through Nairobi's densely populated Siani neighborhood, a slum between the airport and the city center. The blast, which took place in the Lunga Lunga industrial area, is believed to have been ignited by a lighted cigarette. Kevin Mwachiro, Nairobi correspondent for the BBC, reports on the latest.