Monday, May 21, 2012

News You Should Know Monday Morning

                                                                            AFP
It was a beautiful Sunny weekend here in New York, so whether you were outside enjoying the amazing weather or too hungover to leave your couch odds are you may not be 100% caught up with the news. So here are some top stories to know the basics on in case a boss or co-worker asks you around the water cooler.


POLITICS: Tax hikes are a hot topic in the white house as Obama and republicans clash heads once again on what to do about our country's looming debt...with Obama's payroll tax cuts and the Bush-era tax cuts expiring we could be looking at the biggest tax hikes in U.S history. House Speaker John Bohnner said, "We're looking at the largest tax increase in American history on January the 1st. We're looking at big cuts to our Department of Defense ...And we're looking at an increase in the debt limit. Why do we want to wait to rush this through at the end of the year after the election?" http://www.foxnews.com/politics/2012/05/20/congressional-leaders-gird-for-debt-ceiling-tax-hike-chaos-session/  http://www.nytimes.com/2012/05/19/us/politics/obama-and-gop-stake-out-positions-in-deficit-battle.html?_r=1

WORLD: Abdel Baset al-Megrahi, a former Libyan intelligence official, who was convicted of blowing up Pan Am Flight 103 over the Scottish town on Dec. 21, 1988 that killed 270 people died of cancer. Although his death gives some families of the victims some closure, some say that it doesn't close the book on what happened as they don't believe al-Megrahi was the only one involved in the bombing. http://www.google.com/hostednews/afp/article/ALeqM5jOifUOxr5PSqRxlw4b6im4y3O8fw?docId=CNG.adf90b5352ae73d83a391a33023a1efa.e1

NATO meetings in Chicago: If you don't know what NATO means, it's OK.. it stands for the "north Atlantic treaty organization."a military alliance established in 1949 in the early years of the cold war with the soviet union..NATO originally made up of 12 countries, the alliance now has 28 countries. The big thing to know about this 2-day summit is that President Obama hopes to discuss turning over combat missions to afghan forces to end the war in 2014. Also know that the U.S is still pissed at Pakistani President Asif Ali Zardari over his refusal to reopen supply routes to Afghanistan- supply routes used to transfer fuel and war supplies into Afghanistan. http://www.latimes.com/news/nationworld/world/la-fg-nato-summit-20120521,0,3696577.story

SCIENCE:
An annular eclipse took place on Sunday providing a gorgeous and rare "ring of fire" for thousands of stargazers.. though you only got a good glimpse of the 4 minute spectacle if you were positioned along the centreline of the eclipse's path. "The eclipse was first visible over southern Asia and then moved across the Pacific. Travelling on a diagonal path, it later crossed parts of Oregon, Nevada, Utah, Arizona and New Mexico before disappearing in Texas with the sunset." http://www.reuters.com/article/2012/05/21/uk-eclipse-idUSLNE84K00620120521

MORE WATER-COOLER HEADLINES:
The ex-Rutgers University student convicted of invasion of privacy and bias intimidation among other charges could be deported or sentenced to 10 years in prison today. http://www.nj.com/news/index.ssf/2012/05/former_rutgers_student_dharun.html

In the trial of John Edwards..the jury continues to deliberate on whether John Edwards conspired to violate election laws to cover up an affair during his campaign for the 2008 Democratic presidential nomination. http://www.csmonitor.com/USA/Latest-News-Wires/2012/0521/John-Edwards-trial-jury-deliberations-continue-Monday

The Famous Bee Gee singer, Robin Gibb passed away from cancer.








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