To the Point
The Global Recession Brings Global Insecurity
Forget the "axis of evil." Economic recession now threatens political upheaval in important parts of the world, with national security consequences here in the US. We look at potential sources of trouble today. Is Washington paying attention? Also, stocks rally on news from Citibank, and the Dalai Lama calls Tibet a "hell on earth."
By Warren Olney • • 1h 0m ListenForget the "axis of evil." Economic recession now threatens political upheaval in important parts of the world, with national security consequences here in the US. We look at potential sources of trouble today. Is Washington paying attention? Also, stocks rally on news from Citibank and Fed Chair Ben Bernanke, and as China forces a 50th anniversary celebration of his departure, the Dalai Lama delivers a blistering critique of China.
In this episode
3 storiesBernanke Urges Overhaul of Financial Regulations; Stocks Rally
The US stock markets rallied this morning as Citibank announced that it's making big money this year and Federal Reserve Chair Ben Bernanke called for a sweeping overhaul of financial regulations. Craig Torres writes for Bloomberg.com .
Read the story6 minThe Global Recession Brings Global Insecurity
Former President Bush warned of an "axis of evil" poised to use nuclear weapons and provide support for international terrorism.
Read the story35 minTensions Build on 50th Anniversary of Tibetan Uprising
The religion, culture, language and identity of Tibet are "nearing extinction," according to the Dalai Lama today in a speech attacking China 50 years after an upheaval that caused him to flee Tibet for India. Last year, on the 49th anniversary of his departure, there was a widespread rebellion that led to brutal repression.
Read the story9 min
