Community / International / National / News / October 9, 2013

News Briefs: Galesburg to cut emergency personnel

City considers cuts in personnel

 GALESBURG – A proposed budget for the City of Galesburg in 2014 calls for cuts in city personnel in order to help close a projected $2.2 million deficit. Included in those personnel losses would be 12 full-time city employees, among them four firefighters and two police officers. There would also be a delay in hiring currently vacant positions with the city. Over half of the savings would come from non-personnel cuts, including pushing back and insulation project at Lakeside and extending the lifespan of city vehicles. The final decision about approval of the budget will be made in November. (Source: The Galesburg Register-Mail)

 

New Federal Reserve chairman named

 WASHINGTON – President Obama appointed Janet Yellen to be the new Chairman of the Federal Reserve to replace the outgoing Ben Bernanke when his term expires Jan. 31. Yellen, currently Vice Chair at the Fed, would be the first woman ever to lead the central bank. She will still need to be confirmed by the Senate before assuming the position. If confirmed, she is expected to follow the easy money policies put in place by Bernanke to boost economic output after the onset of the recession. Since being put in place, the Federal Reserve has been purchasing bonds at a rate of some $85 billion a month in an effort to keep interest rates low. (Source: Reuters)

 

New arrest made in Steubenville rape case

STEUBENVILLE, OHIO – A new arrest has been made in connection to the case of sexual assault that brought Steubenville to national attention. William Rhinaman, the director of technology at Steubenville High School, has been jailed without bond for evidence tampering to interfere with the investigation of the rape of a 16-year old at a party in 2012. Pictures from the incident were uploaded to social media and the case quickly became a national issue amid widespread allegations of inaction on the part of local authorities. Rhinaman faces up to four years in prison if convicted. A grand jury is continuing to look into whether more crimes took place, and more arrests are possible. (Source: CNN)

 

 Argentinean President undergoes surgery

 BUENOS AIRES – President Cristina Kirchner of Argentina will undergo emergency surgery to drain a blood clot that is forming in her skull. This comes at an awkward time for her leftist Victory Front coalition, as the surgery will sideline her before the Oct. 27 midterm elections. Her party performed poorly in primary elections in August and faces tough prospects in a country with 20 percent inflation and sluggish economic growth. Many suspect that if her party wins she will attempt to change the constitution and run for a third term in 2015. The surgery is low-risk and President Kirchner is expected to make a full recovery. (Source: The Wall Street Journal)

Matt Barry
Matt Barry is a senior majoring in international relations and double minoring in economics and German. This is his third year working for TKS, having served previously as discourse editor. He has worked for such organizations as the Chicago Council on Global Affairs, Premier Tourism Marketing and the Council on American Islamic Relations-Chicago, where his work appeared in such publications as Leisure Group Travel, Ski & Ride Club Guide and The Chicago Monitor. Matt has written his political opinion column, "The Voice of Reason," weekly for three years, which finished in first place at the 2012 Illinois College Press Association conference and was also recognized at the 2013 conference.

Tags:  Argentina budget cristina kirchner federal reserve fire department Galesburg janet yellen police steubenville

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Matt Barry
Matt Barry is a senior majoring in international relations and double minoring in economics and German. This is his third year working for TKS, having served previously as discourse editor. He has worked for such organizations as the Chicago Council on Global Affairs, Premier Tourism Marketing and the Council on American Islamic Relations-Chicago, where his work appeared in such publications as Leisure Group Travel, Ski & Ride Club Guide and The Chicago Monitor. Matt has written his political opinion column, "The Voice of Reason," weekly for three years, which finished in first place at the 2012 Illinois College Press Association conference and was also recognized at the 2013 conference.




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