Popular News Recap: February 2009


Keeping with the main topics in international news — panic, international collapse and economic failures — the popular news as of late has been fairly negative. From Felipe Calderón’s call to bailout the United States, to Ireland’s expected economic problems, to everything in between.

Felipe Calderón on U.S. Economy, Drug Trade (February 26th, 2009) — Calderón, in a sizable interview with the Associated Press, discussed a range of economic and policy topics with regard to how the United States should be responding to international economic issues.

Ireland to See Serious Financial Troubles (February 28th, 2009) — an Irish professor, Morgan Kelly from the University College of Dublin, spoke of diminishing economic indicators in the country.

Quebec-based Caisse De Dépôt Faces S&P Watch (February 27th, 2009) — the largest pension fund in Quebec marked record losses last year, causing Standard and Poor’s to place the company on creditwatch, suggesting a slightly increased risk of default on certain loans.

Palestine: Fatah, Hamas Peace Talks (February 26th, 2009) — author Kit Sauder discusses the peace talks which arose between Fatah and Hamas over the territories of the Gaza Strip, a possible turning point which could suggest the end of the endless Conflict of Brothers in Palestine.

Berkshire Hathaway Reports Record Losses (February 28th, 2009) — legendary investor Warren Buffet reports some of the largest investment losses the company has ever seen, admitting that even the oracle of Omaha himself can get caught up in the frenzy of emotional investment.

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