The Italian government has welcomed the oversight of the International Monetary Fund in its restructuring plan, an effort to help pull them out of another financial meltdown.
Grecian Prime Minster George Papandreou has moved forward on a new plan he has to form a unity government with the opposition party in Greece, a move he says is necessary if they are to pull out of financial danger. The opposition is not budging, and no progress has been made as of November 5, 2011.
The murderers deemed responsible for the assassination of former Pakistani Prime Minister Benazir Bhutto in 2007 were a part of the Pakistani Taliban. A court has indicted seven other individuals as conspirators in the assassination.
21 North Koreans defected to the south last week. They were found adrift in a boat 23 miles south of the maritime border by a South Korean patrol boat. The South Korean government has expressed its willingness to accept any North Koreans who would like to defect.
The militant Islamist group known Boko Haram has claimed responsibility for the death of 67 people in a string of bombings and shootings that took place in Nigeria last week. The group is fighting for control of the central government, and has said that it will continue the fighting until Shari’a law is fully instituted. Shari’a law is based on the Koran, the holy book of Islam.
Arizona Representative David Schweikert has suggested that the federal government phase out the dollar bill, and replace them with dollar coins. A study by the Government Accountability Office found that printing new dollar bills will cost the government roughly $5.5 billion over the course of 30 years.
The Occupy Wall Street movement has moved far beyond New York, as last week there were demonstrations in over 70 American cities. The movement that started because of discontentment with how the majority of Americans are treated in the political process has engulfed much of the nation, causing major disturbances in many areas. Demonstrators in Oakland, California, tried to shut down the Port of Oakland last week, which is a major international shipping port for the West Coast.
President Barack Obama is supposedly taking the high ground in his path to reelection, and has said that he is not thinking about getting reelected, but rather about fixing the economy and serving America’s interests abroad. In a statement after the G-20 summit, Obama said that he believes he will be reelected if he does what he said he would do for the voters that put him in office.