20 February 2013   Leave a comment

The Bulgarian Prime Minster, Boyko Borissov,  resigned today, amid charges of corruption, rising prices, and rising unemployment.  The turmoil seems to be associated with the austerity programs imposed by the IMF and the European Union.  Meanwhile, strikes spread in Greece for the same reasons.

An estimated 100 million workers in India went on strike, the beginning of a two day strike against rising prices.  The Indian economy is slowing at a steady pace along with many other economies in the world.  But prices for basic commodities continue to rise in spite of the slowdown.

For the first time in Saudi Arabian history, 30 women have been named to the 150-person Shura governing council.  King Abdullah appointed the women to the council as part of a very gradual move to grant women more rights in the Kingdom.  Most likely, women will have the right to vote in the next election.  The move, while symbolically important, does not really change the nature of authority in Saudi Arabia which remains fully under the control of the King.

Posted February 21, 2013 by vferraro1971 in World Politics

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