Current events october 16 2006
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Current Events October 16, 2006. Modern World History Caitlin R. North Korea Tests Nuclear Weapon. North Korea announced last Monday that it tested a nuclear weapon The U.S. called on the United Nations Security Council to take swift, strong action

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Current Events October 16, 2006

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Current events october 16 2006

Current EventsOctober 16, 2006

Modern World History

Caitlin R.

North korea tests nuclear weapon

North Korea Tests Nuclear Weapon

  • North Korea announced last Monday that it tested a nuclear weapon

  • The U.S. called on the United Nations Security Council to take swift, strong action

  • Russia & China (key votes) were reluctant to go along because of possible war

  • Compromise resolution reached Saturday:

    • bans sale of materials for nuclear, biological and chemical weapons or ballistic missiles

    • Allows inspections of cargo going in and out of North Korea

IKONOS satellite image of the Yongbyon nuclear facility, located about 100 kms (62 miles) north of Pyongyang, taken August 13, 2002. [Reuters]

Significance of n korean nuclear test

Significance of N. Korean Nuclear Test

  • North Korea has long range missiles that could possibly reach the west coast of the U.S.

  • Bush warned North Korea not to export any nuclear materials to foreign countries or groups

  • U.S. is worried about North Korea as a threat to our key allies in the region (Japan and South Korea)

  • Could set off a nuclear arms race in the region

  • Democrats are using the news to criticize Republicans for being distracted by Iraq

South Korean riot policemen stand guard during an anti-North Korean rally in Seoul October 9, 2006. [Reuters]

Muhammad yunus wins nobel peace prize

Muhammad Yunus Wins Nobel Peace Prize

  • Won prize along with the bank he runs, Grameen Bank in Bangladesh

  • Bank gives microloans, small loans (as little as $12) to millions of poor people to start up small businesses

  • Most loans go to women, who have very little power in Bangladesh society

  • Continues trend with the Peace Prize- awarded not for conflict resolution, but for development work

Mohammad Yunus talking to family

Photo: Stuart Productions

Impact of microloans

Impact of Microloans

  • How Yunus’ microloans work:

    • No collateral or down payment required

    • Loans repaid in manageable weekly payments

    • used to buy things like milking cows, bamboo to make stools, yarn for weaving, cell phones to sell calls

  • Has been an empowering force especially in places where women in particular have to struggle against repressive social and economic conditions

  • According to Microcredit Summit, in 2005, more than 100 million people worldwide received microloans from more than 3,100 institutions

A woman with a cell phone financed through Grameen Bank.

Person of the week

Person of the Week

  • Kofi Annan

  • Secretary-General of the United Nations

  • Originally from Ghana, in West Africa

  • won Nobel Peace Prize in 2001

  • his term is over and he will be replaced by Ban Ki-moon, Foreign Minister of South Korea

Current events october 16 2006

  • Issue: Pope Benedict’s controversial speech on Islam

  • Labels: The newspaper “Islam Remarks” refers to the Pope’s speech, the tank is labelled “Benedict XVI” (the Pope)

  • Exaggeration: The tank makes a point about the strong security the Pope will need when he travels to Turkey (a predominantly Muslim nation)

  • Viewpoint: The Pope’s remarks created a lot of anger among Muslims and damaged to the relationship between Catholicism and Islam

Shanghai daily on north korean nuclear tests

*Extra Credit

Shanghai Daily on North Korean Nuclear Tests

  • China voted in favor of the U.N. resolution on sanctions toward N. Korea

  • China’s U.N. representative stressed that the sanctions can be lifted if N. Korea meets the demands and said China was reluctant about inspecting cargo

  • China is committed to resolving the nuclear issue without resorting to war

  • China has been monitoring air quality, but so far has detected no nuclear pollution

A North Korean soldier and his dog guard a Korean army installation near the North Korean town of Sinuiju, close to the Chinese border city of Dandong, October 9, 2006. [Reuters]

News sources

News Sources

  • News Story 1:

  • News Story 2:

  • Person of the Week:

  • Extra Credit:

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