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Monday, May 21, 2012

Daily Political Wire

George Wenschhof

NATO Summit Focuses on Afghanistan - primarily on winding down the decade long war.  Absent from any serious discussion was the ongoing conflict in Syria.  Implementation of the European missile shield was agreed upon and NATO agreed to purchase 5 unarmed Drones.  The Washington Post has more here.


UN Nuclear Talks With Iran Begin - the director of the International Atomac Energy Agency is meeting with the head of Iran's nuclear program in Tehran today.  Western nations have imposed sanctions on Iran, calling for access to their nuclear program. has more here.  


Verdict on Edwards Trial Expected Soon - John Edward's fate is in the hands of jurors, who resume deliberations today after a weekend break.  They will be deciding on whether Edwards violated campaign finance laws when he accepted money used to hide his mistress from the media during his 2008 presidential campaign. has more here.


Walker Receives Milwaukee Journal Sentinel Endorsement - the paper backs Republican Scott Walker in the June 5 recall election, saying in part his action to strip public employees of their bargaining rights went too far, it was not enough to warrant a recall election.  You can read more here.


JP Morgan Chase Loss Grows - initially reported as $2 Billion from trading in risky derivatives, the loss is now estimated to be closer to the range of $6-7 Billion.  You can read more here.


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