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Possible Solutions To EU Debt Problem

EU leaders have come up with a three-pronged approach to tackle the region’s debt dilemma. After marathon talks in Brussels, Eurozone banks holding Greek debts are being asked to take a fifty-percent loss. Financial institutions are also being asked to raise hundreds of billions in capital by June of 2012. And last but not least, the Eurozone bailout fund will see a massive increase to 1 point 4 trillion dollars.

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Palestine UN Vote Update

Diplomats from the US and EU are trying to avoid a showdown on whether to admit an independent Palestine as a United Nations member. They’re meeting to see if they can get Israel and Palestine to return to peace negotiations instead. Palestine sees the UN as the only way to make headway toward statehood in the short term.

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International Panel Meeting To Discuss Libyas Future

An international panel is meeting in Qatar to make decisions on Libya’s future. Among the delegates are UN Secretary-General Ban Ki-moon, and officials from NATO, the EU, and the African Union. This comes on the heels of new reports of bloodshed in the Western part of the country.

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