1. Iran To Test Missiles As Oil Embargo Begins
Iran announced on Sunday that it will test-fire missiles at 100 designated targets during war games being held this week. In a bit of symbolic timing, the tests were announced just as a European embargo on Iranian oil took effect. The embargo is designed to exert pressure on Iran and force it to abandon its nuclear program.
Read more on foxnews.com
2. European Markets Brace For Bad News
Eurostat is expected to release some ugly unemployment data for the euro zone members on Monday. Economists expect that the jobless rate will rise above the current 11% to near-record levels.
Read more on nytimes.com
3. Tensions Rise Between Turkey And Syria
The Turkish military scrambled jets three separate times on Saturday as Syrian helicopters operated too close to the border for comfort. Tensions have been high between the two countries since Syria downed a Turkish fighter jet just over a week ago. In a statement last week, Turkish Prime Minister Recep Tayyip Erdogan warned that he would take action against any military approach towards his nation's borders.
Read more on cnn.com
Iran announced on Sunday that it will test-fire missiles at 100 designated targets during war games being held this week. In a bit of symbolic timing, the tests were announced just as a European embargo on Iranian oil took effect. The embargo is designed to exert pressure on Iran and force it to abandon its nuclear program.
Read more on foxnews.com
2. European Markets Brace For Bad News
Eurostat is expected to release some ugly unemployment data for the euro zone members on Monday. Economists expect that the jobless rate will rise above the current 11% to near-record levels.
Read more on nytimes.com
3. Tensions Rise Between Turkey And Syria
The Turkish military scrambled jets three separate times on Saturday as Syrian helicopters operated too close to the border for comfort. Tensions have been high between the two countries since Syria downed a Turkish fighter jet just over a week ago. In a statement last week, Turkish Prime Minister Recep Tayyip Erdogan warned that he would take action against any military approach towards his nation's borders.
Read more on cnn.com
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| Photo of the Day: Members of the Spanish national team celebrate their 4-0 victory over Italy in the Euro Cup finals on Sunday. The team has won three straight world titles. Credit: imago sportfotodienst/Newscom |
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