Less than two years after the fall of Hosni Mubarak there is growing fear this week that newly elected President Mohamed Morsi is headed towards an autocratic rule. This comes after a sweeping decree by Morsi to take on new and far-reaching powers. Providing context for the decision are Noel King, freelance reporter in Cairo, Omar Khalifa, who runs Egypt’s Omedia, and P.J. Crowley, a former Department of State spokesperson and current professor at George Washington University.

Last week, Governor Deval Patrick of Massachusetts issued a directive to the state’s Board of Higher Education mandating all state universities and colleges to charge some undocumented students in-state tuition. Is the move fair, or going too far? Sarah Birnbaum, political and statehouse reporter for WGBH, explains the implications of the directive.

Britain’s Financial Services Authority has fined global financial firm UBS $47.5 million in a "rogue trading scandal." Mark Scott has been reporting on the scandal from London for our partner, The New York Times.

"They didn't have the right controls and mechanisms in place in house to really catch this problem when it first happened," Scott says. "It's a question of the bank itself not having the right checks and balances internally."

"These are multi-million, if not billion dollar trades on a day to day basis," Scott says. When this much money is on the line, it is important that the banks are taking responsibility for the actions of their employees.

No one is naive enough to think a $47 million fine will put a stop to illegal or irresponsible trading practices. As Mark Scott says, "It's never til the next time."

On November 26, 1942, in the midst of World War II, a film called "Casablanca" premiered at the Hollywood Theater in New York City. The movie became an American icon, launching Ingmar Bergman's career and establishing Humphrey Bogart as a romantic lead. Jeanine Basinger, professor of film studies at Wesleyan University, says that the 'Casablanca' team had no idea their film would become such a major part of American film history.

Haitians are somewhat more practiced in dealing with the calamity of natural disaster. At the Miami Book Fair International, writer Edwidge Danticat, whose work most recently appears in a trilingual (English, French, Creole) anthology, “So Spoke the Earth,” sat down to explain how Haitians approach natural disaster.

Gangnam style marked a new milestone over the weekend as it became the most-watched item ever posted to YouTube with more than 800 million views. It has even edged out Justin Bieber — such is its success. Euny Hong, lifestyle editor for Quartz, explains.