What was the biggest news story this week?
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M$7 Answers
"Iranian President Mahmoud Ahmadinejad's highly disputed reelection victory will complicate President Barack Obama's push for better relations with the Islamic republic.
If Ahmadinejad stays in office with his legitimacy seriously compromised, experts said it could make it harder for the U.S. to trust negotiations with the regime over its nuclear program; fuel domestic pressure on Obama to take a harder line with Iran; increase tensions with Israel; and possibly affect stability in Iraq, where Iran has long been accused of supporting armed groups.
"Everything is made more complicated by this," said Gary Sick, who formerly served on the National Security Council, writes about Iran, and teaches at Columbia University."
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M$Internationally, the Iran tensions are being reported w/less than ideal coverage on traditional media outlets than is desired.
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M$This could mean an all-out nuclear war! North Korea has demonstrated that it has been neglecting any common sense and responsibility over the last few weeks. Here is the source(s). It's a huge story!!!
http://www.reuters.com/article/latestCrisis/idUSSEO6570
http://www.foxnews.com/story/0,2933,526090,00.html
http://www.guardian.co.uk/world/2009/jun/09/north-korea-nuclear-threat
This could be catastrophic. All eyes should stay on North Korea. This is going to be bad.
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M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$This is a big story, but is it really something that could become a huge international conflict?
You're right, that was a huge story, what would have made your answer much better and a chance at being rewarded the best would would been by adding some sources and even a video.
Jeffhoard, you are absolutely right about the video. I thought I'd added it to the answer but it never showed up. It was a CNN video, could that be why? Apologies. I'm going to try again, though. Thanks!
In my opinion, a very non intuitive and contrartian perspective on inflationary trends
1. Bond Prices rise as yields drop. Government buy of bonds raise the price. Bond prices have temporarily climbed.
2. Fed purchase plan for US Treasuries has a Goal of $300 billion, spent $156 billion
3. Mortgage Back Securities purchases has a goal of $1.25 trillion, spent $555 billion
4. Objective: Keep inflation moderate and reduce US treasury rates Short term duration
5. 10 US Treasury change: In 2009, US Treasures rose from 2.5% to 3.86%
Loans yields move with the US Treasury yields.
6. Treasury and Bond purchases will extend into the end of 2009 and early 2010
What is the Fed signalling?
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M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$I'd agree the election in Iran has been massive.
I like this page from Wikipedia on the subject.
http://en.wikipedia.org/wiki/Iranian_presidential_election,_2009
