05 Nov Weekday News Wrap: Monday, November 5, 2012
05.11.12
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- European and Asian leaders are meeting in Laos for the biennial Asia-Europe meeting.
- Violence between rival militias in Libya underscores the security challenges facing the new government.
- A grenade attack on a church in Kenya on Sunday is believed to have been the work of a Somali group protesting against Kenya’s involvement in the UN-backed force in Somalia.
- A new cabinet has been formed in Somalia, includes the country’s first female foreign minister.
- A federal court in Australia has found S&P liable for misleading and deceptive ratings in a case brought by Australian municipal councils.
- The US and Japan have started an 11-day military exercise.
- The UN Commissioner on Human Rights, Navi Pillay, has urged China to address long-standing issues involving Tibet.
- Iran has stated it will strengthen its presence around three disputed islands in the Persian Gulf. The United Arab Emirates claims the islands are its territory.
- The Greek Prime Minister, Antonis Samaras, warns of a euro exit if parliament fails to approve a new round of austerity measures.
- South Korea’s Park Guen-hye, in a bid to become the country’s first female prime minister, has pledged engagement with Pyongyang in order to restore ties between the neighboring countries.
- Israel has announced it will boost its Iron Dome missile interceptor system, citing a “variety of unprecedented threats.”
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