| | December 01, 2012 | | PAYBACK When Tim Geithner proposed that Congress be denied power over the debt limit, he was speaking for a president who intends to push back against the pols who humiliated him in 2011, writes The Daily Beast’s Michael Tomasky. Intense Protests in Cairo intensified on Saturday when pro-government demonstrators gathered at Tahrir Square and Cairo University, adding to the mayhem of ongoing protests by their secularist rivals. While Egypt has been protesting for a week over President Mohamed Morsi’s decree banning legal opposition to his power, Saturday’s protests came after the Cabinet passed a draft of the Constitution. The draft, which is friendly to the interests of the Muslim Brotherhood, was passed after a 20-hour vote and will be seen by Morsi late on Saturday. Morsi had claimed his decree would only last through the passing of a new Constitution. EPIDEMIc As countries around the globe observe World AIDS Day, the fiscal cliff deadline looms only a month away—and could lead to significant cuts in U.S. programs that fund AIDS research, writes The Daily Beast’s Matthew Zeitlin. Tense North Korea announced Saturday morning that it plans to launch a rocket later this month, in an announcement from the country's state-run news agency—a move that South Korea immediately denounced as violating a United Nations treaty for the area. The three-stage rocket will reportedly launch a satellite into orbit in what will be the country's fourth attempt to do so. Shortly after the announcement, South Korea's foreign ministry released a statement decrying the planned launch as a "grave provocation that ignores the international community's concern and warnings" about long-range missiles. Released A group of Somali pirates released four South Korean sailors Saturday morning after holding them for nearly 19 months. Their freedom came after negotiations between the pirates and the company that owned the ship from which the sailors were taken. The release comes after the reported payment of a ransom. Although the pirates held the entire crew when they captured the oil tanker last April, the 21 non-Koreans were released within seven months. | |
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