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03 Aug 11
3 Reasons the Media Quickly Embraced the Label 'Fundamentalist Christian' for Norway's Terrorist
At this point, I think most journalists have reached the point that they know that Anders Behring Breivik (a) has self-identified as a 'Christian,' (b) yet he also made it clear that he is not a Christian believer, in terms of beliefs and practice and (c) that it is bizarre to call him a "fundamentalist," in any historic sense of the word.
Church Failing Youth With 'Cool' Ministers, Entertainment
“Why do we graduate people out of youth ministry so young? Why do we say youth leaders have to be cool, to dress in a certain way? And why are we so reluctant to teach them the Bible?”
Comet races toward Earth at peak of God's holy days
No, it's not an asteroid, and no, it's not on a crash course, but it is expected to be at its closest point to us – some 21 million miles – during the culmination of God's annual holy days mentioned in the Bible.
'Multiverse' theory suggested by microwave background
The idea that other universes - as well as our own - lie within "bubbles" of space and time has received a boost. Studies of the low-temperature glow left from the Big Bang suggest that several of these "bubble universes" may have left marks on our own. This "multiverse" idea is popular in modern physics, but experimental tests have been hard to come by.
Syria unrest: Tanks 'advance' on besieged city of Hama
Government tanks in Syria have reportedly advanced deep into the besieged central city of Hama to put down opposition protests. Residents who spoke to Reuters said tanks had reached Orontes Square in the city centre, focus of mass rallies against President Bashar al-Assad. The reported advance followed a new bombardment of the city of 800,000.
Italy begins crisis talks with EU
Italian finance minister Giulio Tremonti has begun crisis talks with Jean-Claude Juncker, chair of the Eurogroup of finance ministers from the 17 eurozone countries. The talks come as yields on Italian bonds have reached euro-era record levels. Italian Prime Minister Silvio Berlusconi is due to address parliament on the economy later on Wednesday.
South Africa agrees to Swaziland financial bailout
South Africa has agreed to a 2.4bn rand ($355m; £218m) loan for Swaziland which is struggling with a cash crisis. Swaziland's King Mswati III said the bailout showed that South Africa is a "good neighbour". South Africa's opposition had earlier called for the government to reject the loan request because Swaziland was an "undemocratic state".
US avoids default as Obama signs debt bill into law
President Barack Obama has signed legislation to increase the US debt ceiling and avert a financial default, after Congress voted in favour of a bipartisan compromise deal. The bill cleared its final hurdle in the Senate by 74 votes to 26, after negotiations went down to the wire. It raises the debt limit by up to $2.4tn (£1.5tn) from $14.3tn, and makes savings of at least $2.1tn in 10 years.
Big banks fire thousands in Europe, but hiring in China
Eight of Europe's biggest banks have announced tens of thousands of job cuts in Britain, France, Spain and Switzerland in a bid to reduce salary costs, but will keep expanding and hiring new staff in China.
EU 'astonished' at soaring costs for Italy and Spain
Spain and Italy's record borrowing costs are 'astonishing' after a eurozone deal reached less than two weeks ago, EU Council President Herman Van Rompuy said on Tuesday (2 August). Italian and Spanish 10-year bonds dropped in value, while German bunds rose on Tuesday, pushing the difference in costs (yields) to 381 and 397 points, respectively - a record high since the euro was introduced 12 years ago.
Stocks now down for year as economic concerns grow
The Standard & Poor's 500 index lost 33 points, or 2.6 percent, and is now down 0.3 percent for the year. The Dow Jones industrial average fell 266 points, or 2.2 percent, and is now up just 2.5 percent for the year.
Putin says U.S. is "parasite" on global economy
Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means "like a parasite" on the global economy and said dollar dominance was a threat to the financial markets.
Israeli government panel decides to keep God out of IDF memorial prayer
The prayer recited at the official state ceremony on Mount Herzl that marks the end of Memorial Day and the start of the Independence Day will begin "Yizkor Am Yisrael" ("May the people of Israel remember" ), not "Yizkor Elohim" ("May God remember" ), committee head MK Stas Misezhnikov (Yisrael Beiteinu ) said.
Israel offered political asylum to Mubarak
Benjamin Ben-Eliezer (Labor) told Army Radio on Wednesday that he and Prime Minister Benjamin Netanyahu offered former Egyptian president Hosni Mubarak political asylum several months ago.
Tropical Storm Emily on Path Toward Haiti
Tropical Storm Emily brushed past Puerto Rico and set its sights on the Dominican Republic and Haiti, where more than 630,000 people are still without shelter after last year's earthquake.
Massive Global Cyberattack Targeting U.S., U.N. Discovered; Experts Blame China
The world's most extensive case of cyber-espionage, including attacks on U.S. government and U.N. computers, is set to be revealed Wednesday by online security firm McAfee, and analysts are speculating that China is behind the attacks.
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