11:44 AM, July 5th, 2012

Frontpage: Thursday, July 5th

  1. Fukushima a ‘Man-Made Disaster’: A parliamentary inquiry into last year’s nuclear accident at the Fukushima Daiichi Nuclear Power Plant concludes that Japanese conformist culture and government-industry alliances were to blame. “It was a profoundly man-made disaster that could and should have been foreseen and prevented,” declared the report. 
  2. Barclay’s Scandal to Spread: It’s been a rough week for Bob Diamond. First he was forced to resign from his position as CEO of Barclays after the bank came under fire for falsifying interest rates and then, Wednesday, he was raked over the coals by parliament. But Barclays is hardly the only bank that will undergo investigation for manipulating the London interbank offered rate (Libor). Other banks also projected artificially low rates at the beginning of the financial crisis to give the impression that they were not suffering.
  3. Wikileaks to Release 2.4M Syrian EmailsUh oh Assad, you’ve got some explaining to do. WikiLeaks announced Thursday that it is publishing 2.4 million Syria emails, several from government accounts. An official said that the emails show a relationship between Assad’s government and Western companies.
  4. ECB Drops Rates to Record LowThe European Central Bank’s benchmark interest rate has dropped from 1 percent to 0.75 percent—its lowest level ever—in an effort to keep the euro from deteriorating any further.  The cut will likely be welcomed by politicians and economists alike. 
  5. Obama Going on Blue-Collar Bus TourNow that the Fourth of July celebration is over, President Obama is hitting the road. His first bus tour of the 2012 campaign will take him to several cities in battleground states like Ohio and Pennsylvania to court, specifically, male, blue-collar workers. 

Photo via picturedept:

Happy Birthday America

The 4th of July celebration in Washington DC, July 4th, 2007

(Carol M. Highsmith’s America, Library of Congress, Prints and Photographs Division)

Or watch San Diego’s firework show, which, due to a malfunction, went off all at once

Reblogged from Picture Dept
10:36 AM, June 21st, 2012

Frontpage: Thursday, June 21st

1. CIA Said to Direct Arms in Syria: As Syrian shells rained down on the battered city of Homs Thursday, a handful of American black bag operatives were helping allies direct weapons to the men and women fighting back.

2. Mitt to Florida: Hush Up on Jobs: Things are bad, no matter how good they look. That’s the message the Romney campaign sent down to Florida, sources told Bloomberg News, where Governor Rick Scott has been tooting his own job-creation horn a little too much for the Romney camp’s liking.

3. Suspected Bomb at Nuclear Site: Threat levels have been increased in Sweden after explosive material was found on a truck near a nuclear power plant.

4. European Stocks Slip: After reaching a five-week high, European stocks slipped Thursday. “The mood of market participants is still characterized by great uncertainty about future developments in Europe and the slowdown in China,” Stefan Angele, investment management head at Swiss & Global Asset Management, told reporters.

5. Egypt on Edge as Results Delayed: Tahrir Square was alive again with demonstrators overnight, and Egyptian voters continued to wait Thursday for a result in the country’s presidential election as anxieties mounted in the country.

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Photo by Alpha Press/Landov

A woman agrees to let a rescue team prevent her from falling by tying her to a building. Read more here about China’s growing concern about their suicide rate.

10:23 AM, June 11th, 2012

Frontpage: Monday, June 11th

1. European Stocks Rise: European stocks took a turn for the better early Monday as markets breathed a sigh of relief after Spain accepted a bailout offer over the weekend.

2. GOP Hammers Obama on Leaks: Republican leaders had their sights trained on the Obama administration Sunday as the White House went into crisis mode over a series of media leaks.

3. Sandusky Sex-Abuse Trial Begins: Controversy is sure to return to Happy Valley as former Nittany Lions football coach Jerry Sandusky goes on trial Monday on 52 charges of sexual abuse.

4. 'Porgy' Wins Best Musical Revival: There was no acting on stage for the cast and production team of Porgy and Bess as the show won the Tony Award Sunday night for best musical revival.

5. Hundreds Evacuated in Colorado, NM: Communities in New Mexico and Colorado continued evacuations Monday as wildfires spread through forested areas of the states.

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Photo by AP

Syria’s Grief

Over the past two weeks, four massacres of civilians have been reported—most recently, at al-Qubeir, in the Homs district, where U.N. observers arrived on June 8 to investigate the deaths of 78 people. The monitors were greeted by the smell of rotting flesh and charred bodies. “I have not seen anything like this since Bosnia,” said one monitor. (The regime denied responsibility for the attack.)

-Katie Becker

11:12 AM, May 24th, 2012

Frontpage: Thursday, May 24th

  1. Inquiry Grills Murdoch LobbyistNews Corp. lobbyist Frédéric Michel appeared before the Leveson Inquiry into the ethics of the British press on Thursday to answer allegations that he communicated with an adviser to the British culture minister, who was overseeing News Corp.’s $12 billion bid to take over the cable company BSkyB. Michel admitted to exchanging phone calls, texts, and email messages with Adam Smith, the government aide, though he denied knowledge that Smith was feeding his communications to the culture minister.
  2. Egypt Votes for Second Day: Egyptians returned to the polls on Thursday for the second day of voting in the country’s first free election since ousting former President Hosni Mubarak last year. Lines at the polls were not as long as Wednesday, although Egyptian authorities proclaimed Thursday a holiday to allow public-sector employees access to vote.
  3. Zimmerman Criticized Cops in 2011: George Zimmerman, the self-appointed neighborhood watch volunteer who has been charged with shooting and killing 17-year-old Trayvon Martin, apparently criticized Sanford police last year after he went on a 12-hour ride-along, according to recordings from an open city forum. “What I saw was disgusting,” Zimmerman told mayor-elect Jeff Triplett, who held the forum following a scandal that ousted former police chief Brian Tooley. 
  4. Europe to Greece: Stay in the Euro: It’s been a tumultuous few weeks in Europe. And now that it looks like Greece might leave the euro zone, other European leaders are planning for what could be explosive markets to follow. Most countries agreed that they should issue bonds to help members in financial turmoil, but German Chancellor Angela Merkel said that Greece would have to “uphold the commitments it has made.” 
  5. Suspect Confesses to Strangling Etan PatzA New Jersey man reportedly confessed to police that he strangled Etan Patz, the 6-year-old boy who disappeared in 1979, and hid his body in a box, officials told The New York Times on Thursday.

Photo via picturedept:

Jon Lowenstein

Photographer Jon Lowenstein took this wonderful photo of last weekend’s anti-NATO demonstrations in Chicago. Lowenstein, who recently received a Guggenheim fellowship, has spent a decade photographing the people and neighborhoods in the South Side of Chicago. Last month, on assignment for Newsweek/Daily Beast, he photographed South Side neighborhoods hit by a dramatic rise in crime and gang violence. View that work here. And you can see many more of Jon’s photographs here.

Reblogged from Picture Dept
11:50 AM, May 23rd, 2012

Frontpage: Wednesday, May 23rd

  1. Hollande, Merkel Showdown Expected: European leaders will meet Wednesday for the first summit since the French and Greek elections, amid the backdrop of the possible looming economic crisis. At nearly all the previous summits, German Chancellor Angela Merkel met with former French president Nicolas Sarkozy beforehand to create a united strategy—but Sarkozy’s successor, François Hollande, will meet with Spanish Prime Minister Mariano Rajoy in Paris ahead of the summit.
  2. Pakistani Doctor Gets 33 YearsA Pakistani doctor who reportedly ran a fake vaccination campaign that helped the U.S. capture Osama bin Laden has been sentenced to at least 33 years in prison, a Pakistani local government official said Wednesday. 
  3. News of the World Former Top Editor HackedApparently hacking at News of the World was so rampant, not even its top editor was safe from being tapped. Scotland Yard is investigating the alleged hacking in 2006 of former NotW editor Andy Coulson’s voice messages to an aide of former home secretary Charles Clarke.
  4. Iran Nuke Talks Begin in Baghdad: The U.S. and five nations resumed negotiations about Iran’s suspected nuclear program at a conference in Baghdad on Wednesday—a meeting that came just one day after Tehran indicated willingness to allow international inspections of its secret military facilities.
  5. Investors Sue Facebook, Zuckerberg: Facebook shareholders filed a lawsuit on Wednesday against Facebook, its chief executive Mark Zuckerberg, and several banks led by Morgan Stanley for hiding weakened growth forecasts for the social network ahead of its initial public offering. The suit alleges that the company and the banks tried conceal that there was a “severe and pronounced reduction” in Facebook’s revenue-growth forecasts just ahead of the social network going public.

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Photo: The Man Who Would Lead Egypt: Abdul Moneim Aboul Fotouh. Above, Fotouh arrives in Oussim to give a campaign speech. (Moises Saman / Magnum for Newsweek) Full slideshow

11:22 AM, March 2nd, 2012

Frontpage: Friday, Mar 2nd

  1. Poll: Romney Ahead in Virginia: After sweeping Tuesday’s primaries in Arizona and Michigan, Romney holds a strong lead in the big prize of Virginia, despite voter skepticism in the Super Tuesday state.
  2. Activists Allege Executions in Homs: Forces loyal to Syrian President Bashar al-Assad are engaging in scorched earth tactics, staging executions and destroying buildings in Homs, according to Syrian activists. The UN puts the death count at 7,500, but activists say it’s significantly higher. 
  3. Iranians Vote for New Parliament: Iranians went to the polls Friday in a new parliamentary vote, the first in the country since the disputed 2009 reelection of President Mahmoud Ahmadinejad and the mass protests and crackdown that ensued. More than 48 million people are eligible at the 47,000 polling stations set up, but some of Ahmadinejad’s supporters are reportedly asking voters to stay away.
  4. EU Signs Fiscal TreatyAll but two of the European Union’s leaders met in Brussels on Friday to sign a new fiscal treaty in an attempt to prevent the region from running up huge debts like those that prompted bailouts in Greece, Ireland, and Portugal. 
  5. Obama: ‘I Don’t Bluff’ on IranDays before his upcoming talks with Israeli Prime Minister Benjamin Netanyahu, President Obama warned that the U.S. could take military action to prevent Iran from acquiring a nuclear weapon. “I think that the Israeli government recognizes that, as president of the United States, I don’t bluff,” Obama said in an interview with The Atlantic’s Jeffrey Goldberg. 

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Photo: ”At 33 years old, St. Ford is a former member a gang. Though nearly impossible to leave a gang, occassionally deals are made.” Part of an amazing series of photos from Port-au-Prince by Paolo Marchetti, taken in in August of 2010— seven months after the terrible earthquake. More from Haiti here.

12:39 PM, February 15th, 2012

But there are growing signs that Greece, like some drug-addicted relative who lies endlessly, spends recklessly and endangers people foolishly, has worn out its welcome in the euro zone family. And the family has been moving to defend itself. The threat that a financial implosion in Greece would spread instantly to the weak economies of little Portugal and Ireland, then the big economies of Spain and Italy until the whole euro zone and Europe went up in financial flames spreading outward to the feebly reviving American economy and even the slowed-down Asian ones—well, that’s still possible. But it’s less likely.

Christopher Dickey says that Europe is getting fed up with Greece

3:00 PM, October 26th, 2011


-Trouble in Europe-

Europe’s financial woes are hardly new- and the current debt crisis is worsening with little hope of resolution. Perhaps German Chancellor Angela Merkel and French President Nicolas Sarkozy will represent the stronger leadership antidote, as professed in our 1984 cover story ‘The Decline of Europe’:

Leadership: In the end, any European revitalization will have to come from national leaders who combine a commitment to the European cause with a capacity for what Roy Jenkins, former president of the EEC commission, calls “imaginative generosity” or “farsighted self-interest.” They must also have the strength to persuade their domestic constituencies to accept short-term national sacrifices in return for long-term European benefits. In the early days of the Common Market, Robert Schuman in France, Konrad Adenauer in West Germany and Alcide de Gasperi in Italy played that role as if it were written for them. It is by no means certain that Europe has equivalent leadership now.

Newsweek, April 9, 1984

Visiting Newsweek Archivist reminds me of when I used to actually go to the library and solicit help from a real person—usually the research librarian—rather than just jump on Google and click aimlessly. Those were the days.

Reblogged from Newsweek Archivist
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