Morning Brief: Nationalization for Detroit?
Top Story Congressional Democrats unveiled a $15 billion plan to bail out the struggling U.S. auto industry. Under the plan, companies would have until March 31 to submit detailed plans for restructuring their operations. Congress and the White House are still negotiating details of the plan today, but they appear to be close to a ...
Top Story
Top Story
Congressional Democrats unveiled a $15 billion plan to bail out the struggling U.S. auto industry. Under the plan, companies would have until March 31 to submit detailed plans for restructuring their operations. Congress and the White House are still negotiating details of the plan today, but they appear to be close to a resolution.
The plan involves a significant oversight role for U.S. government regulators and according to the New York Times‘ David Sanger, comes “perilously close to a word that no one in Mr. Obama’s camp wants to be caught uttering: nationalization.”
Americas
Accused 9/11 planner Khalid Sheikh Mohammed, along with his four codefendents at Guantanamo Bay, offered to plead guilty to murder and war crimes.
Some 5,400 people were killed by drug violence in Mexico this year.
Tribune Co., the publisher of the Chicago Tribune and the Los Angeles Times, filed for bankruptcy.
Asia
Pakistan will not hand over arrested Lashkar-e-Taiba militants to India.
In an upset, India’s ruling Congress party won three state elections.
North Korea’s need for food aid is increasing.
Japan’s Sony Corp. is cutting 8,000 jobs.
Middle East
Five Blackwater guards were charged with killing 14 Iraqi civilians in a 2007 shooting.
Egypt’s top cleric is under pressure to resign after he was photographed shaking hands with Israeli President Shimon Peres.
Israel’s Likud Party is running a ticket of hardliners in upcoming parliamentary elections.
Africa
Zimbabwe’s Robert Mugabe accused the U.S. and Britain of planning an invasion of his country in response the current cholera outbreak.
Sudan’s leaders are worried that Barack Obama will take a tougher line on Darfur.
Ghana’s ruling party holds a slim lead in the country’s election.
Europe
The EU is taking over peacekeeping operations from the U.N. in Kosovo.
Anti-police riots continue to flare throughout Greece.
Today’s Agenda
The funeral of a teenager shot by police last week is expected to provoke more rioting in Greece.
President-elect Obama will meet with Al Gore in Chicago.
Now on ForeignPolicy.com
Photo: Alex Wong/Getty Images
Joshua Keating is a former associate editor at Foreign Policy. Twitter: @joshuakeating
More from Foreign Policy
Chinese Hospitals Are Housing Another Deadly Outbreak
Authorities are covering up the spread of antibiotic-resistant pneumonia.
Henry Kissinger, Colossus on the World Stage
The late statesman was a master of realpolitik—whom some regarded as a war criminal.
The West’s False Choice in Ukraine
The crossroads is not between war and compromise, but between victory and defeat.
The Masterminds
Washington wants to get tough on China, and the leaders of the House China Committee are in the driver’s seat.
Sign up for World Brief
FP’s flagship evening newsletter guiding you through the most important world stories of the day, written by Alexandra Sharp. Delivered weekdays.
By submitting your email, you agree to the Privacy Policy and Terms of Use and to receive email correspondence from us. You may opt out at any time.