U.S. – Russia. "President Obama and Russian President Dmitry Medvedev reached a preliminary agreement Monday to cut the American and Russian nuclear arsenals by as much as a third while exploring options for cooperation on missile defense."
Pope on financial crisis. "The pope today called for a 'profoundly new way' of organizing global finance and business, calling for a new social and ethical dimension to capitalism and arguing the case for a new world political authority to help champion 'the common good.'"
China. "Rival protesters took to the streets again on Tuesday, defying Chinese government efforts to lock down this regional capital of 2.3 million people and other places across its western desert region after bloody clashes between Muslim Uighurs and security forces that were mostly Han Chinese."
Quote of the day. “When school’s open, families tend to stay where they are. And when school’s out, they’re told it’s time to go.” Deronda Metz, the director of social services for the Salvation Army in Charlotte, NC, explaining a surge in homeless families in the summer. (New York Times)
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