Weekly News Round-Up 7/6/15-7/10/15: Grexit?

 

Stories of the Week:

Grexit. The Greek economy is about to asphyxiate and no one seems to have a clear solution. Following a resounding referendum against austerity and the initial Eurozone bailout plan, the Greek finance minister quit. Meanwhile the Eurozone chose to not provide crucial life support funding, which meant Greece had a number of days to come up with a plan or risk exiting the Eurozone. Prime Minister Tsipras presented a plan at the eleventh hour which makes concessions to austerity. Now it remains to be seen whether or not the country will be forced to exit the Eurozone.

The Confederacy Conflict. South Carolina has voted to remove its controversial Confederate flag from in front of the state house. This has been met with considerable resistance from various parties, namely Republican politicians who argue the flag is a part of the state’s cultural heritage. The flag came down Friday morning.

 Iran talks.  After a week of arguments and upheaval, US Secretary of State John Kerry seemed upbeat regarding nuclear talks between Iran and the P5+1 countries. However, many parties have still called for caution and congressional Republicans in particular have rejected any future deal out of hand. The clock is ticking on a solution, however, and any deal will likely come soon.

Secretary Kerry Chats With Energy Secretary Moniz As He and Fellow P5+1 Foreign Ministers Hold Nuclear Program Negotiating Session in Austria With Iranian Officials. (US Dept of State | Flickr)
Secretary Kerry Chats With Energy Secretary Moniz As He and Fellow P5+1 Foreign Ministers Hold Nuclear Program Negotiating Session in Austria With Iranian Officials. (US Dept of State | Flickr)

Blues Buzz:

South Asia:

National Bank of Greece Guarded (Global Panorama | Flickr)
National Bank of Greece Guarded (Global Panorama | Flickr)

Southeast & East Asia:

Europe & Eurasia:

Rohingya study in Meru, Kalang. (Lufti Hakim | Flickr)
Rohingya study in Meru, Kalang. (Lufti Hakim | Flickr)

Middle East & North Africa:

Sub-Saharan Africa:

Lineas Mozambique (Roi Guitián | Flickr)
Lineas Mozambique (Roi Guitián | Flickr)

Americas:

Weekly Wow: Muslim charities have raised $45,000 to rebuild black churches in the South. | LGBTQ Russian families fight back against Russian homophobia. 

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