Thursday, 21 July 2011

More Mexicans fleeing the drug war seek U.S. asylum: Asylum requests from Mexico reached a record 5,551 last year, according to U.S. government figures, more than a third up on 2006 when President Felipe Calderon took office and sent the military to crush the cartels. Just 165 asylum requests were granted in 2010.

Role reversal: Latin America taunts US on debt woes: For everybody from presidents on down to street vendors, seeing U.S. politicians argue over where to make painful budget cuts has also been a reminder that those days are over in Latin America.

China begs the US to save the dollar: China has a pretty big question for US lawmakers: What the hell are you doing?

Fed planning for potential default: The Federal Reserve is actively preparing for the possibility that the United States could default as a deadline for raising the government's $14.3 trillion borrowing limit looms, a top Fed policymaker said on Wednesday.

Wells Fargo Busted For Lying To People, Wristslapped With $85 Million Fine By The Emperor Of Moral Hazard Himself