You remember ages ago the European Union (EU) did a vague deal to write off 50% of Greek Sovereign debt. Well the deadline for that vague commitment expired at around 19:00GMT on 8/3/12. The latest report I heard was that 30% of Greek debtors had agreed to write of up to 70% of the Greek debt they hold. Negotiations continue and I'm not expecting a result any time soon.
Basically it's the highest stakes poker game you've ever played and through Al-Jazeera the Qatari's are pressing the French banks to go all in. But that may be a bluff.
You may also have noticed that in the run up to tonight's events there have been some very large explosions in Syria, Libya, Somalia, Afghanistan, Brazzaville and I've been summoned to a work interview thingy at the local DWP office. So the reason why the USA shut down my Internet connection at around 17:50 on 8/3/12 was to find out what China's call was on the Greek debt issue.
It is also International Women's Day. However I am yet to witness Hillary Clinton giving women-kind their greatest gift ever and resigning.
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