What's On: Greek Social Tragedy
The Greek government acknowledged that it will miss its deficit target this year and move ahead with plans to slash thousands of public-sector jobs to meet creditor demands.
What's the Latest Development?
There is no easy solution to Greece's sovereign debt crisis. The government announced yesterday that it will not meet its deficit-reduction goals this year even while it goes ahead with plans to cut thousands of public-sector jobs to meet its creditors' demands. "Greece also has agreed to take some $8.8 billion in new austerity measures in 2011 and 2012 to bring its budget back on track, but some economists warned that additional cuts will further weigh on the country's growth." Today, European finance leaders will discuss Greece's progress on reforms.
What's the Big Idea?
The Greek government is caught in a terrible situation. In order to receive further economic assistance from the European Union, it must undertake economic reform which entails cutting many public-sector jobs. Without further bailout funds from the European Commission, the next slice of which is currently at stake, the government could run out of money by the middle of this month. The global economic slowdown has only complicated Greece's efforts to pay back its creditors, bogging down all of Europe in financial uncertainty.
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In his final years, Martin Luther King, Jr. become increasingly focused on the problem of poverty in America.
- Despite being widely known for his leadership role in the American civil rights movement, Martin Luther King, Jr. also played a central role in organizing the Poor People's Campaign of 1968.
- The campaign was one of the first to demand a guaranteed income for all poor families in America.
- Today, the idea of a universal basic income is increasingly popular, and King's arguments in support of the policy still make a good case some 50 years later.
A completely unexpected discovery beneath the ice.
- Scientists find remains of a tardigrade and crustaceans in a deep, frozen Antarctic lake.
- The creatures' origin is unknown, and further study is ongoing.
- Biology speaks up about Antarctica's history.
For Damien Echols, tattoos are part of his existential armor.
- In prison Damien Echols was known by his number SK931, not his name, and had his hair sheared off. Stripped of his identity, the only thing he had left was his skin.
- This is why he began tattooing things that are meaningful to him — to carry a "suit of armor" made up the images of the people and objects that have significance to him, from his friends to talismans.
- Echols believes that all places are imbued with divinity: "If you interact with New York City as if there's an intelligence behind... then it will behave towards you the same way."
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