Wednesday Update – January 19, 2011
Here are some stories making headlines in Canada and around the world:
- Sgt. Ryan Russell was laid to rest today, in the highest honour yesterday. Downtown Toronto was closed down as hundreds stood outside to pay their respects as the procession went by. Russell was killed in the line of duty, attempting to stop a stolen snowplow. He is rightly being remembered as a hero. Read more here.
- The government of Canada thinks you have too much debt, and as such is introducing new rules relating to mortgages, aimed at curbing the amount Canadians owe. The rules affect the length of mortgages, the amount one can borrow against the value of one’s home and other areas. Some believe people will simply take out lines of credit or add another credit card in order to get around the new regulations. Read more here.
- Another day, and another attack ad. The Conservatives have rolled out a new set of television ads, aimed at reassuring Canadians of the leadership Stephen Harper has given them over the past five years. The ads feature Harper diligently working late in the night, ensuring Canada’s economy remains prosperous. Michael Ignatieff, who is in the midst of a tour, says the ads are negative and were unprovoked. Read more here.
- Hu’s coming to dinner. Tonight, President Obama is hosting a state dinner for Chinese President Hu Jintao. It is the first state dinner held for a Chinese President in over a decade. The two leaders will discuss many issues, including North Korea and the standard issues of currency and trade. The dinner will not be attended by Speaker John Boehner, who curiously denied Obama’s invitation. Read more here.
- Sargent Shriver, founder of the Peace Corps and longtime Democratic party faithful, died on Tuesday at the age of 95. Shriver was the husband of Eunice Kennedy Shriver, the late sister of President John F. Kennedy. Shriver was active in the Democratic party in the presidencies of Kennedy and Lyndon Johnson. He was also selected to run as George McGovern’s running mate in the 1972 election. The two lost to Richard Nixon and Spiro Agnew. Shriver’s daughter is Maria Shriver, wife of former California Governor, Arnold Schwarzenegger. Read more here.
- Senator Joseph Lieberman is calling it quits. The Senator from Connecticut is retiring, and will not seek reelection in 2012. This makes for an interesting situation for the Democrats. Lieberman was Al Gore’s running mate in the 2000 election, but has since identified himself as an Independent (although it is widely known he is a Democrat). Connecticut is a pretty safe Democratic state, but could perhaps be up for grabs with no incumbent present. Read more here.
- Southwest Pakistan experienced a 7.2 magnitude earthquake early Wednesday morning local time. Luckily the quake hit in a sparsely populated area, but there are conflicting reports regarding damage. While the quake was felt in many surrounding areas and nations, it appears at this point that damage is limited. However, the aftershocks could be the real problem. Read more here.