Tuesday, October 28, 2008

Meanwhile, in other News

note: smarty pants posts focus on current events, and not the celebrity kind.  Sadly, the events of late are...well, a bit sad.  So if you prefer "ignorance is bliss," read no further.

The end of a presidential election race is kind of like a tornado--it sucks up everything in it's path.  Meaning that it consumes the news, the commercials, and the internet.  Who can escape it?  

Meanwhile, the rest of the world keeps on turning.  So for a bit of perspective, here's what is happening outside of the election:

*  We aren't the only ones struggling with economic troubles.  Read about how interconnected our global economy really is through this account of monetary woes in Eastern Europe.  If you don't have the stomach for more economic articles, here's the skinny: Eastern European countries borrowed a lot of money to spruce up their nations in order to be accepted into the European Union.  Their bankers were Western European countries, which are currently under the same credit crunch we are experiencing.  And with currencies suddenly dropping like flies, everyone is feeling the squeeze, and the IMF (International Monetary Fund--aka Big Bank) is shelling out some bailout money of its own.

*  More talk and action on the "Green New Deal" concept.  If you follow environmental news, and wonder where the headlines have gone since the economy and elections have taken the spotlight, read this analysis published in Britian's Guardian for an update.

*  On a side note, I found that some of the Guardian's sidebar headlines read like a morbid menu: "Um, yes--I'll have the 'recession special' with the 'week of wrath' and a side of the 'banking crisis timeline.'  And for fun I think I'll order the 'credit crunch in cartoons' for dessert.  Thank you."

*  To remind us that the Middle East still has it's share of turbulence, read this article about a recent US strike in Syria.  Also, the Iraqi political leadership is sandwiched between the US and Iran as it tries to decide whether to allow US troops to stay in the country past the end of this year.  Can you guess Iran's opinion on the issue?  click here to read more.

*  And the US isn't the only one with an election looming.  Israel's Prime Minister Ehud Olmert, forced to leave his post due to accusations of corruption and scandal, will vacate the seat, with contenders Binyamin Netanyahu and Tzipi Livni dueling for the post.  Elections are likely to happen in early 2009.  read more here.

*  Back to the economy, it is important to remember that currency and credit crunches here equals food crises in the Southern Hemisphere.  Read this article to learn more about the growing global food crisis.  (I know--yet another crisis.  We're apparently crazy for crises these days...)

Okay...so I didn't mean to make you depressed by the headlines.  But the truth is that there really is a lot more going on in the world than Obama vs. McCain.  And if we don't know what is going on, how will we know how to respond?  

Did you miss my Election Exercises, designed to help me prepare for the coming vote?  Click here to catch up!

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