World Events: 2007Q3

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World Event

1-Jul-07

Chicago, IL - U.S. - Sen. Barack Obama raised $32.5 million in 2007Q2; more than 258,000 Americans have contributed to Obama's campaign so far (Obama for America). The Clinton campaign raised $27 million (HillaryClinton,com, 28-Jun-07; VOA News, 2-Jul-07). (See also: Los Angeles Times, 2-Jul-07).

2-Jul-07

New York, NY - U.S. - The Dow Jones Industrial Average (DJIA) gained 126.81 points closing at 13,535.43 (DJ; Yahoo! Finance).

Marib - Yemen - Suicide bomber killed at least 9 people, including 7 Spanish tourists and 2 Yemenis (Washington Post-AP; BBC News; Al Jazeera-Agencies).

Kennebunkport, ME - U.S. - President George W. Bush Meets with President Vladimir V. Putin (White House); Putin expanded on his proposal for a shared missile-defense system with the U.S. (NYT, 3-Jul-07; Al Jazeera-Agencies) and for more NATO involvement (Kommersant, 3-Jul-07).

Washington, DC - Paul Wolfowitz joined the American Enterprise Institute for Public Policy Research as a visiting scholar (AEI).

Russia's Federal Security Service (FSB) charged Boris Berezovsky with conspiring to stage a coup against President Vladimir Putin; Berezovsky has been accused in Russia of money laundering and embezzlement; Berezovsky denied the fraud charges (Guardian Unlimited; BBC News; Bloomberg). Boris Abramovich Berezovsky (Platon Elenin) is a Russian-born billionaire of Jewish provenance (Wikipedia).

Zhari, Kandahar - Afghanistan - Afghan and NATO forces killed 33 suspected insurgents (Washington Post-AP, 3-Jul-07). (See also: China View-Xinhua.) [2-Jul-07 - 3-Jul-07.]

3-Jul-07

Beverly Hills, CA - U.S. - Blackstone Group to buy Hilton Hotels Corp. for $26 billion, including debt (Hilton Hotels-Blackstone Group). (See also: CNN Money-Reuters, 4-Jul-07; Washington Post-AP, 4-Jul-07.)

Baghdad - Iraq - Car bomb killed at least 18 people in a Sadr City (VOA News-AFP-AP-Reuters; Al Jazeera-Agencies).

Nineveh; South of Baghdad - Iraq - 2 U.S. helicopters crashed; 1 U.S. soldier was killed (China Daily-Xinhua, 5-Jul-07). (See also: VOA News-AP-Reuters, 5-Jul-07.) [3-Jul-07 - 4-Jul-07.]

4-Jul-07

Islamabad - Pakistan - 9 people were killed in a shootout at the besieged Lal Masjid, or Red Mosque (San Francisco Chronicle-Los Angeles Times; Tehran Times-AP, 5-Jul-07). Pakistani security forces captured the leader of the Lal Masjid Mosque, Mohammad Abdul Aziz (NYT). (See also: BBC News.)

Kandahar - Afghanistan - Bomb targeting NATO forces killed 6 Canadian soldiers and their translator (BBC News).

5-Jul-07

Islamabad - Pakistan - Mortar attack on Jamia Hafsa, a seminary affiliated with the Red Mosque, killed 27 female students (Pak Tribune; BBC News).

Benxi, Liaoning - China - Blast at a nightclub killed 25 people (VOA News-AP; Washington Post-Reuters).

Baghdad - Iraq - Car bomb killed at least 17 people (VOA News-AP-Reuters).

London - U.K. - The Bank of England’s Monetary Policy Committee raised the bank rate paid on commercial bank reserves by 0.25% to 5.75% (BOE). (See also: Bloomberg.)

6-Jul-07

Washington, DC - U.S. - China's currency reserves exceed $1 trillion; some U.S. economists expressed concern about a possible stock market bubble in China (VOA News).

New York, NY - U.S. - Threats against investment bank Goldman Sachs Group Inc. were reported (VOA News-Reuters; Bloomberg; CNN Money).

7-Jul-07

Amrli, Salahaddin - Iraq - Suicide truck bomber killed more than 150 people (Al Jazeera-Al Jazeera-Agencies, 7-8-Jul-07). (See also: Washington Post, 9-Jul-07; CNN International, 8-Jul-07; CTV-AP).

Sri Lanka - Sea battle between Sri Lanka's navy and Tamil Tiger rebels killed 28 people (CNN International-AP, 8-Jul-07). (See also: International Herald Tribune-AP.) [7-Jul-07 - 8-Jul-07.]

Vatican City - Vatican - Pope Benedict XVI sent a letter to all the bishops of the world concerning his Motu Proprio "Summorum Pontificum" laying down new rules for the use of the Roman liturgy that preceded the reform of 1970 (Vatican).

8-Jul-07

Haswa - Iraq - A suicide truck bomber killed 23 Iraqi Sunni army recruits (Al Jazeera-Al Jazeera-Agencies). (See also: CNN International.)

Everett, WA - U.S. - Boeing rolled out its 787 Dreamliner: as at 8-Jul-07, 47 customers worldwide have ordered 677 airplanes worth more than $110 billion (Boeing).

10-Jul-07

New York, NY - U.S. - The Dow Jones Industrial Average (DJIA) lost 148.27 points, closing at 13,501.70 (DJ; Yahoo! Finance).

Islamabad - Pakistan - Pakistani security forces raided the Lal Masjid or Red Mosque and killed its leader, Abdul Rashid Ghazi {Al Jazeera-Agencies). 102 people, including 11 soldiers, were killed since 3-Jul-07 (BBC News, 13-Jul-07). (See also: VOA News, 10-11-Jul-07; Washington Post-AP, 13-Jul-07; Bloomberg, 12-Jul-07; Al Jazeera-Agencies, 11-Jul-07.) [10-Jul-07 - 11-Jul-07.]

Internet - Dr. Ayman al-Zawahri issued a statement titled “Malicious Britain and its Indian Slaves” (Bloomberg; The Hindu, 12-Jul-07); and called on Muslims to take revenge against Pakistani President Pervez Musharraf (VOA News-AFP-AP-Reuters; BBC News). (See also: SITE Institute.)

Vatican City - Vatican - The Congregation for the Doctrine of the Faith released a document clarifying the "Dominus Iesus" document which was issued in 2000 (See Vatican). (See also: CWNews.com; Washington Post; NYT, 11-Jul-07.)

11-Jul-07

Philippines - The bodies of 14 marines were found beheaded following a clash with Muslim fighters; at least 20 MILF fighters were also killed (Al Jazeera-Agencies).

Lakhdaria - Algeria - A suicide bomber killed at least 8 Algerian soldiers (Al Jazeera-Agencies; International Herald Tribune-AP; BBC News).

Washington, DC - U.S. - Daft National Intelligence Estimate: Al Qaeda has reconstituted most of the capabilities needed to strike the U.S. (International Herald Tribune-AP; Forbes-AP, 12-Jul-07). (See also: Guardian Unlimited, 12-Jul-07.)

Sichuan - China - Floods and landslides in rainy season killed at least 360 people (BBC News).

12-Jul-07

Montréal, PQ; Melbourne; London - Canada; Australia; U.K. - Rio Tinto Group to buy Alcan Inc. for $38.1 billion (Rio Tinto; Alcan). (See also: Bloomberg; Washington Post-Reuters, 13-Jul-07).

New York, NY - U.S. - The Dow Jones Industrial Average (DJIA) gained 283.86 points, closing at a record 13,861.73 (DJ; Yahoo! Finance).

Washington, DC - U.S. - U.S. congressional investigators (GAO) demonstrate how a company can be licensed to buy radioactive material for a radiological bomb (VOA News).

13-Jul-07

Pakistan - Thousands protested against President Pervez Musharraf's pro-US policies (NEWS.com.au, 14-Jul-07; Taipei Times-AFP, 14-Jul-07).

Chicago, IL - U.S. - Former Hollinger International Inc. CEO Conrad Black (Baron Black of Crossharbour) was found guilty on 3 counts of criminal fraud and 1 count of obstruction of justice (Bloomberg); Black was accused of "corporate kleptocracy" (Al Jazeera-Agencies). Black declared he was innocent and intended to appeal (NYT, 14-Jul-07). (See also: U.S. v. Black et al, 1:05-cr-727, United States District Court Northern District of Illinois-Chicago; Guardian Unlimited-The Guardian, 14-Jul-07.)

Washington, DC - U.S. - The US Senate to double the reward for the death or capture of Osama bin Laden to $50 million (BBC News). (See also: H.R.1585 and S.AMDT.2135, Library of Congress-THOMAS.)

14-Jul-07

Moscow - Russia - Russia to pull out of the Conventional Forces in Europe (CFE) Treaty (RIA Novosti; Interfax; Washington Post; Guardian Unlimited-The Observer).

U.S. - According to an analysis of U.S. tax returns by the economists Emmanuel Saez (University of California, Berkeley) and Thomas Piketty (Paris School of Economics), the top 0.01% — almost 15,000 families with annual incomes of $9.5 million or more — received about 5% of the national income (Louis Uchitelle, NYT-14-Jul-07).

Nahr al-Bared - Lebanon - The Lebanese army continued to battle Fatah al-Islam fighters in the Nahr al-Bared Palestinian refugee camp (Al Jazeera-Agencies, 14-15-Jul-07); death toll since 20-May-07: 100 Lebanese soldiers; 81 Fatah al-Islam fighters, and 40 civilians (Al Jazeera-Agencies, 16-Jul-07). [14-Jul-07 - 16-Jul-07.]

North Waziristan; North-West Frontier - Pakistan - Army attack on Red Mosque spawned violence: A suicide bomb and an attack on a military convoy killed 45 people (Al Jazeera-Al Jazeera-Agencies, 16-Jul-07); about 80 people were killed in 2 days (BBC News, 15-Jul-07). The U.S. backs Pakistani military attacks on Islamic militants (BBC News, 15-Jul-07). (See also Washington Post, 15-16-Jul-07). [14-Jul-07 - 15-Jul-07.]

Yongbyon - North Korea - North Korea shut down its nuclear reactor at Yongbyon (BBC News; Al Jazeera-Agencies). (See also: VOA News-AP-AFP-Reuters, 15-Jul-07; NYT, 15-Jul-07.)

15-Jul-07

Los Angeles, CA - U.S. - The Archdiocese of Los Angeles agreed to settle for $660 million with 508 victims of sexual abuse (VOA News-AP-Reuters; NYT, 16-Jul-07; BBC, 16-Jul-07).

16-Jul-07

Internet - Osama bin Laden praised al-Qaeda's "martyrs" in a new video (Christian Science Monitor).

Niigata, Honshu; Fukui, Honshu - Japan - Magnitude 6.7 and 6.8 quakes hit Japan (USGS); at least 7 were killed and about 700 were injured (VOA News-AFP-AP). (See also: Bloomberg; VOA News; Al Jazeera.)

Kirkuk - Iraq - 2 suicide car bombers killed at least 80 people (VOA News). (See also: Washington Post; Guardian Unlimited-AP.)

17-Jul-07

Washington, DC - U,S, - The Office of the Director of National Intelligence (ODNI) released "National Intelligence Estimate (NIE): The Terrorist Threat to the Homeland." Key judgments include: (1) "We assess that al-Qa’ida will continue to try to acquire and employ chemical, biological, radiological, or nuclear material in attacks and would not hesitate to use them if it develops what it deems is sufficient capability"; (2) "The ability to detect broader and more diverse terrorist plotting in this environment will challenge current US defensive efforts and the tools we use to detect and disrupt plots." (Office of the Director of National Intelligence; White House). (See also: Slate; Washington Post-AP.)

Sao Paolo - Brazil - TAM airlines Airbus A320 crashed in Sao Paulo, Brazil; at least 200 people were killed (CNN). (See also: VOA News-AFP-AP-Reuters; Bloomberg; BBC News.)

Islamabad - Pakistan - Suicide bomber killed at least 15 people (Al Jazeera-Al Jazeera-Agencies). (See also: VOA News.)

18-Jul-07

New York, NY - U.S. - 2 Bear Stearns hedge funds implicated in the subprime meltdown have reportedly “very little value” (NYT-Reuters; MarketWatch). (See also: Bloomberg, 18-Jul-07.)

Hangu; Hub; Kohat - Pakistan - 3 Suicide bombings killed at least 49 people; more than 140 people were killed since the army raided the Red Mosque (Al Jazeera-Agencies, 19-Jul-07). (See also: Bloomberg, 19-Jul-07; NYT, 19-Jul-07.) [18-Jul-07 - 19-Jul-07.]

Washington, DC - U.S. - Monetary Policy Report submitted to the Congress on July 18, 200: "In the first quarter of 2007, an estimated 325,000 foreclosure proceedings were initiated, up from an average quarterly rate of 230,000 over the preceding two years; about half of the foreclosures this year were on subprime mortgages" (The Federal Reserve Board).

Sudan - Floods killed about 39 people and destroyed or damaged more than 35,000 homes (International Federation of Red Cross and Red Crescent Societies). (See also: VOA News, 19-Jul-07; Al Jazeera-Al Jazeera-Agencies, 12 and 19-Jul-07).

New York, NY - U.S. - Steam pipe explosion in Manhattan (VOA News-AFP-AP-Reuters).

19-Jul-07

Washington, DC - U.S. - U.S. Federal Reserve Chairman Ben Bernanke to Senate Banking Committee, on subprime mortgage losses: "Some estimates are in the order of between $50 billion and $100 billion of losses associated with subprime credit problems" (Washington Post-Reuters; CNN Money-Wire Reports). U.S. household net worth is estimated at $56.2 trillion (Washington Post-Reuters). (See also: VOA News; Times Online.)

New York, NY - U.S. - The Dow Jones Industrial Average (DJIA) gained 82.19 points, closing at a record 14,000.41 (DJ; Yahoo! Finance).

20-Jul-07

Investors dumped junk bonds related to subprime mortgage loans (Los Angeles Times-Times Wire Services, 21-Jul-07). (See also: CNN Money-AP, 19-Jul-07.)

U.S. - Concerns about foreclosure laws mount: mortgages v. deeds of trust; and deficiency judgments. (CNN Money).

New York, NY - U.S. - The Dow Jones Industrial Average (DJIA) lost 149.33 points, closing at 13,851.08 (DJ; Yahoo! Finance).

Pakistan - Storms killed more than 80 people (NYT-AP, 22-Jul-07). (See also: CBS News; The Times of India, 21-Jul-07.)

21-Jul-07

Husseiniya - Iraq - Witnesses claimed that a U.S. helicopter attack killed at least 18 people, including women and children (VOA News-AFP-AP-Reuters; Los Angeles Times). (See also: ABC News-AP.)

Bakwa, Farah - Afghanistan - 25 Taliban rebels and 4 security guards were reportedly killed (VOA News-AFP-Reuters).

China - Floods killed more than 100 people (CNN International-Reuters; Washington Post-Reuters); a total of more than 400 have been killed by floods and landslides over a few weeks (BBC News, 22-Jul-07).

22-Jul-07

Turkey - The Justice and Development Party (AKP) won Turkey's parliamentary election (VOA News; China View-Xinhua).

Isère - France - Bus crash killed 20 Polish pilgrims (VOA News-AFP-AP-Reuters). (See also: Le Monde-Reuters; France 3-AFP.)

Helmand - Afghanistan - U.S. and Afghan forces killed more than 50 suspected insurgents (VOA News). (See also: Al Jazeera-Agencies.) [22-Jul-07 - 23-Jul-07.]

23-Jul-07

Baghdad - Iraq - Car bombs killed at least 17 people (VOA News-AFP-AP-Reuters; Al Jazeera-Agencies).

24-Jul-07