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Managua, Nicaragua - Nicaraguan President Daniel Ortega and the Sandinista-controlled Supreme Electoral Council (CSE) stand accused of rigging last year's municipal elections to steal more than 40 mayor's seats – including the capital city of Managua. The widespread allegations and documentation of fraud have led to $130 million in foreign-aid cuts from the United States and the European nations, creating liquidity problems for the government that now jeopardize Nicaragua's program with the International Monetary Fund (IMF).
Friday, July 3, 2009
BREAKING: PALIN RESIGNS GOVERNORSHIP
PALIN WILL RESIGN AT THE END OF JULY
SUCCEEDED BY LT. GOVERNOR
WASHINGTON TIMES: Sarah Palin, the popular Governor of Alaska and one-time Vice Presidential candidate, has announced that she will resign her office at the end of the month. Lt. Governor Sean Parnell will be sworn in to replace her. . .READ MORE
REUTERS: Palin said the decision came after much "prayer and consideration" and cited the "political blood sport" and incessant political attacks on her and her family as reasons for the decision. She made the announcement from her home and took no question from the assembled media. .READ MORE
ELSEWHERE: Top of the Ticket, KTUU-TV, CNN
BLOG REACTIONS: Ace of Spades HQ, The Anchoress, Michelle Malkin, The Sundries Shack, Gateway Pundit, Stephen Green, Stix Blog
STATEMENT FROM PALIN'S PRESS OFFICE
TWITTER TRENDING TOPIC
VIDEO VIA CNN/YOUTUBE:
SUCCEEDED BY LT. GOVERNOR
WASHINGTON TIMES: Sarah Palin, the popular Governor of Alaska and one-time Vice Presidential candidate, has announced that she will resign her office at the end of the month. Lt. Governor Sean Parnell will be sworn in to replace her. . .READ MORE
REUTERS: Palin said the decision came after much "prayer and consideration" and cited the "political blood sport" and incessant political attacks on her and her family as reasons for the decision. She made the announcement from her home and took no question from the assembled media. .READ MORE
ELSEWHERE: Top of the Ticket, KTUU-TV, CNN
BLOG REACTIONS: Ace of Spades HQ, The Anchoress, Michelle Malkin, The Sundries Shack, Gateway Pundit, Stephen Green, Stix Blog
STATEMENT FROM PALIN'S PRESS OFFICE
TWITTER TRENDING TOPIC
VIDEO VIA CNN/YOUTUBE:
GRIM U.S. OUTLOOK SENDS
ASIAN MARKETS LOWER
ASSOCIATED PRESS: Most Asian markets fell Friday as a weaker-than-expected U.S. jobs report signaled more pain ahead for the world's largest economy. . . . Optimism about the U.S. economy, a critical market for Asian-made goods, buckled after the government said employers slashed 467,000 jobs in June. That was far worse than the 363,000 that economists predicted . . . READ MORE
'TERRIBLE AND GETTING WORSE'
WASHINGTON POST: Mounting job losses rattled hopes yesterday that the economy is on track to grow later this year, showing that prospects for American workers are terrible -- and still getting worse. . . . READ MORE
'VERY SEVERE RECESSION'
NEW YORK TIMES: "The numbers are indicative of a continued, very severe recession," said Stuart G. Hoffman, chief economist at PNC Financial Services in Pittsburgh. "There's nothing in here to show that the economy and the market are pulling out of the grip of recession." . . . READ MORE
JOBLESS NUMBERS CONTRADICT
ADMINISTRATION'S FORECAST
WALL STREET JOURNAL: In January . . . Council of Economic Advisers Chairman-designee Christina Romer and Obama economic adviser Jared Bernstein predicted in a report that with an $800 billion stimulus, the unemployment rate would be just about 7% by this time. Without the stimulus, the rate would be at 9%. Instead, the jobless rate is now at 9.5%, despite the $787 billion stimulus passed earlier this year. . . . READ MORE
'TERRIBLE AND GETTING WORSE'
WASHINGTON POST: Mounting job losses rattled hopes yesterday that the economy is on track to grow later this year, showing that prospects for American workers are terrible -- and still getting worse. . . . READ MORE
'VERY SEVERE RECESSION'
NEW YORK TIMES: "The numbers are indicative of a continued, very severe recession," said Stuart G. Hoffman, chief economist at PNC Financial Services in Pittsburgh. "There's nothing in here to show that the economy and the market are pulling out of the grip of recession." . . . READ MORE
JOBLESS NUMBERS CONTRADICT
ADMINISTRATION'S FORECAST
WALL STREET JOURNAL: In January . . . Council of Economic Advisers Chairman-designee Christina Romer and Obama economic adviser Jared Bernstein predicted in a report that with an $800 billion stimulus, the unemployment rate would be just about 7% by this time. Without the stimulus, the rate would be at 9%. Instead, the jobless rate is now at 9.5%, despite the $787 billion stimulus passed earlier this year. . . . READ MORE
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