Bank Scandal Turns Spotlight to Regulators, New York Times.
The fallout from the 2008 financial crisis continues. American and British lawmakers are scrutinizing how banks portrayed themselves in late 2007 — whether they manipulated key figures to make themselves appear healthier. Blame is also falling on regulators for not properly investigating at the time. Authorities are now considering action against more than 10 big banks, including JPMorgan and Citigroup.
In the wake of elections, there is a power struggle going on in Egypt between the various branches of government. The new President is a member of the Islamic Brotherhood. The military relatively distrusts religion and politics and finds its control ebbing — a “competitive dance.”
The Sudans after the split: Divided we fall?, Al Jazeera.
Last year, the civil war in Sudan was all over the news. It pitted northerners against southerners, Arabs against Africans, and displaced tens of thousands. Eventually, independence was put to a vote, and South Sudan seceeded from the North. In the year since, oil revenues are down, the economy is tumbling and the euphoria of independence has given way to the slog of rebuilding a country.