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Monday marks the completion of Greece’s three-year eurozone emergency loan during which the country relied on over 320 billion euros of bailouts. The end of the program deems Greece strong enough to stand on its own and borrow at market rates for the first time in eight years. Cuts to public spending set to continue.
Kofi Annan Nobel Peace Prize winner and seventh secretary-general of the UN died on Saturday in Bern Switzerland at age 80. Annan was the first black African to head the UN. Annan used his post to focus on safeguarding international peace and security. Annan enhanced the UN’s role in fighting poverty, injustice, and disease.
Russian President Vladimir Putin made a 20-minute appearance at the wedding of Austria’s Foreign Minister Karin Kneissl on Saturday, sparking controversy and backlash in Austria. Opposition politicians claimed Putin’s presence could harm Austria’s foreign policy as it holds the EU’s rotating presidency. Putin made the visit on his way to meet German Chancellor Angela Merkel.
President Trump will unveil a proposal this week in a major overhaul to the Obama administration’s signature climate policy. The proposal will allow states to establish emission standards for coal-fired power plants, causing at least 12-times more carbon dioxide to be released into the atmosphere. Trump aims to revive the US coal industry.
Brazil sent extra protection to the border town of Pacaraima after Venezuelan migrant camps were attacked on Saturday. The attack was carried out by residents of the Brazilian border town which is the main point of entry for Venezuelans seeking refuge. The attack followed allegations that a local merchant had been attacked by Venezuelan migrants.
Following criticism from President Trump that Twitter is ‘shadow banning’ and silencing conservative voices, CEO Jack Dorsey confirmed that the company’s employees are ‘more left-leaning.’ Dorsey claimed political ideology does not influence how Twitter determines appropriate behavior on the platform. Dorsey’s comments come amid debate over social media’s influence over public discourse.