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2 years, 11 months ago

What was the biggest news story this week?

under-reported or not?
Tip for best answer: M$2.00
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stanar's Avatar
stanar | 2 years, 11 months ago
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I would say "Iranian election" since it is considered "stolen" and will have a major impact on the global politics and peace.

"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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loren | 2 years, 11 months ago
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Domestically, the Digital TV transition. This is an ongoing story that is beginning to unfold. Undercovered.

Internationally, the Iran tensions are being reported w/less than ideal coverage on traditional media outlets than is desired.

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matthewh | 2 years, 11 months ago
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North Korea is threatening to go to war and implement knowledge from its atomic tests if its ships are stopped as part of new U.N. sanctions!!!

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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matthewh | 2 years, 11 months ago Report

"(Nuclear missiles are) a merciless offensive means to deal a just retaliatory strike to those who touch the country's dignity and sovereignty even a bit". See 3rd link I provided. I think that the second link is the best though.

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jeffp | 2 years, 11 months ago
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The shooting at the Holocaust museum was the biggest story this week.

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matthewh | 2 years, 11 months ago Report

This is a big story, but is it really something that could become a huge international conflict?

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jeffhoard | 2 years, 11 months ago Report

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.

http://www.youtube.com/watch?v=M1j908XSzW4

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jeffp | 2 years, 11 months ago Report

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!

http://www.youtube.com/watch?v=sCHLR-kZBDQ

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davepamn | 2 years, 11 months ago
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The Fed may be signalling moderate inflation

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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andreww | 2 years, 11 months ago
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Sarah Palin becoming the brunt of another left wing spear job.

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cilantro | 2 years, 11 months ago
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The election in Iran!

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bestpay | 2 years, 11 months ago Report
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