Monthly Archives: June 2015

URGENT: Greece in default (2x UPDATED)

2nd UPDATE: 6:27 p.m. EDT: The full text of the IMF’s press release acknowledging that Greece did not make its payment. Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), made the following statement today regarding Greece’s financial … Continue reading

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Smaller than expected freshman class prompts layoffs at one Pennsylvania university

The Philadelphia Inquirer has the story. Drexel has laid off “several dozen” employees in administrative offices across the university as a result of its new admissions policy that has yielded a smaller freshman class for the fall. University officials declined … Continue reading

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URGENT: Trump sues Univision for $500-million

The following tweet comes from CNBC, and was posted at 4:58 p.m. EDT: JUST IN: Donald Trump files $500M suit against Univision for deciding not to broadcast beauty pageant.

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University of Memphis fires black professor for tweeting “Whiteness is most certainly…terror”

The Washington Times takes a look at the controversy. Zandria Robinson, an assistant professor of sociology at the University of Memphis, is under fire for a number of tweets in which she blasts “whiteness” and even equates it with terrorism. … Continue reading

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Greek finance minister: Let’s end all the speculation — we’re not making a debt payment today

Reuters reports that the Greek government made official today what has been expected for days — it will go into default. If that does not happen, IMF Managing Director Christine Lagarde will immediately report to the global lender’s board at close of … Continue reading

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Texas senator, presidential candidate Cruz: States need not accept Supreme Court’s gay-marriage ruling

NPR recently interviewed Texas senator and Republican presidential candidate Ted Cruz, who says the states should feel no obligation to follow the Supreme Court’s ruling on gay marriage. CRUZ: The Courts have the authority to decide cases and controversies between … Continue reading

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Greek PM: Sunday’s referendum will make the nation stronger

RTE explains why the Greek prime minister is not backing down, just hours before his nation will be declared in default of European Central Bank loans. Greece on Friday thrust a spoke in the wheels of the negotiations with creditors … Continue reading

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