Friday, 03 January 2014 00:10
DEC. 1
thenews.com.mx
Anti-Government protests in Bangkok, Thailand forced the country’s
Prime Minister Yingluck Shinawatra to go into hiding in an undisclosed
location when demonstrators stormed a police compound.
Around 500 soldiers and 180 military police were called out to
fortify security ahead of the deadline declared by protesters for the
government to step down.
The protesters called for a complete revamp of the county’s
democratic process, replacing the current system with a “people’s
council” formed of representatives from all professions with no party
affiliations.
DEC. 3
Andrés Manuel López Obrador was admitted to the Médica Sur hospital
after suffering a heart attack. A one hour and 15 minute surgery proved
successful and his condition stabilized.
His son, Andrés Manuel López Beltrán, took his father’s place leading
the Regeneration Movement (Morena) protests outside of the Senate
building in Mexico City, where a human chain was formed in an attempt to
stop an energy reform bill from being passed.
López Obrador is now reportedly in good health and is scheduled to return to the political scene soon.
DEC. 4
The European Commission levied an unprecedented €1.7 billion ($2.3
billion) against a group of banks — including Deutsche Bank, Société
Générale, JPMorgan and Citi — that were found guilty of participating in
a rate-fixing cartel.
The cartels aimed to manipulate the London Interbank Offered Rate
(Libor), which is the standard interest rate charged by London’s leading
banks when borrowing from other banks and is used as a standard
benchmark for short-term interest rates around the world.
The rate-fixing conducted by these banks is estimated to have caused,
considering solely fraudulent interest payments paid by local
governments in the United States, an estimated $6 billion in losses.
DEC. 9
Thai Prime Minister Yingluck Shinawatra, dissolved parliament and
called for new elections in the midst of continuing protests calling for
her resignation.
The opposition later declared that it would boycott the upcoming elections, currently scheduled for Feb. 2.
DEC. 10
Uruguay became the first country to completely legalize the production, sale and consumption of marijuana.
While several countries have decriminalized marijuana use and the
drug’s sale is legal in the Netherlands and two U.S. states, Uruguay is
the first country to legalize the entire production chain, from seed to
store.
Uruguayan President José Mujica said that the law is an attempt
to reduce the violence associated with the drug trade by taking it out
of the hands of criminals.
DEC. 13
Mexico City’s subway fare hike took effect, increasing the price of a
one-way ticket from three to five pesos. Subsidized fares are still
available for senior citizens and the poor.
The fare hike decision was based on a polling of 7,200 subway users over the span of three days.
Protesters organized demonstrations via Twitter with the hashtags
#posmesalto and #posmeagacho, in which those opposing the hike vaulted
turnstiles and skipped payment. Metro Director General Joel Ortega later
announced that the authorities would allow non-violent jumping of the
turnstiles.
DEC. 14
The unmanned spacecraft Chang’e-3, launched by the China National
Space Administration (CNSA), touched down on the lunar surface, making
China the third country to successfully land probes on the moon,
following the U.S. and the former U.S.S.R.
Chang’e-3 was the first probe to make a soft landing on the moon since the U.S.S.R.’s Luna 24 in 1976.
DEC. 16
Michelle Bachelet was elected as president of Chile by the largest
electoral margin since the fall of the Pinochet dictatorship in 1989.
Bachelet, who had previously served from 2006-2010, ran on promises to
cut the gap between the rich and poor in Chile, which is ranked as the
most unequal country in the Organization for Economic Cooperation and
Development (OECD).
DEC. 20
Uganda’s parliament approved a law that establishes harsh penalties for “homosexual behavior,” including life in prison.
The law was toned down from its original 2009 draft, which included
the death penalty and received widespread international condemnation,
with critics alleging that executing people solely for being gay would
constitute an act of genocide.
DEC. 20
President Enrique Peña Nieto signed a controversial energy reform measure, following its ratification by 16 state legislatures.
The reform will open state-run oil company Pemex to private
investment, which earned it the support of the conservative National
Action Party (PAN) but the opposition of the leftist Democratic
Revolution Party (PRD). Supporters of the plan say it will boost Pemex’s
flagging production levels, while opponents say that it will deliver
Mexico’s oil wealth into foreign hands.
DEC. 23
Two members of the Russian feminist punk band Pussy Riot were
released from prison, following the passage of a political amnesty law
by the Duma.
Nadezhda Tolokonnikova and Maria Alyokhina were jailed in Aug. 2012
after performing a protest concert in the main Moscow cathedral in
February and convicted of “hooliganism motivated by religious hatred,”
due to their lyrics criticizing the treatment of women by the Orthodox
Church. Alyokhina said the amnesty was a political stunt aimed at
mollifying criticism of Russia’s human rights record, which has been
intensifying in the lead-up to the 2014 Winter Olympics, which that
country will host.
DEC. 25
The U.N. Security Council doubled the number of peacekeepers in South
Sudan to 12,500. The Sub-Saharan African nation had been plagued with
violent conflict since Dec. 15 when President Salva Kiir accused removed
vice-president Riek Machar of plotting a coup. Machar denies the
allegations. Thousands are said to have already died in the conflict.
Petroleum Minister Stephen Dhieu Dau said that the violence has
dramatically reduced oil production by nearly 45,000 barrels a day.
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