Magazine article New Statesman (1996)

The Week So Far

Magazine article New Statesman (1996)

The Week So Far

Article excerpt

1. Europe

The International Monetary Fund and the European Union have agreed on a new bailout for Greece worth [euro] 12b ?--but the funds will be released only if the country commits to [euro]28bn in cuts. Greece will not be able to service its debt without the extra funding. Fitch Ratings warned on 21 June that it would treat a voluntary rollover of Greece's sovereign bonds in any rescue package as a default.

2. Middle East

Turkey's president, Abdullah Gul, has increased diplomatic pressure on Syria, arguing that the reforms offered by Bashar al-Assad, the Syrian president, are "not enough". Assad failed to make any major concessions in a widely trailed speech on 20 June. The protests reached their 100th day on 22 June.

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3. North America

The authorities in Vancouver are using social media to track down rioters who trashed the city centre after the defeat of the Vancouver Canucks in the NHL Stanley Cup on 15 June. At least 150 people have been hospitalised. The police have setup a special Hockey Riot 2011 section on their website, where the public can help identify vandals using photographs and YouTube clips.

4. Latin America

A Mexican journalist was shot dead together with his wife and 21 -year-old son on 20 June. Miguel Angel Lopez Velasco is the 70th journalist to be murdered in Mexico since 2000.

5. Africa

Northern Sudanese forces have launched a campaign of execution-style killings targeting ethnic Nuba, according to villagers who have escaped. The killings come as the South Sudan prepares to secede on 9 July. …

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