A Christian martyr. Republican presidential candidates Mitt Romney and Newt Gingrich released their most recent tax returns. Romney’s showed that he made $21.6 million in 2010, paid taxes at a rate of 14 percent, and gave $4 million to the Mormon church over two years. Gingrich’s return showed that he earned $3.1 million last year and may have cheated on his taxes. Washington PostChristian Science MonitorForbesLos Angeles TimesPresident Barack Obama made increasing the tax rate on the super-rich a theme of his State of the Union address, saying, “Right now, Warren Buffett pays a lower tax rate than his secretary,” …

A Christian martyr. The congressional supercommittee assigned to devise a plan for reining in the federal deficit failed to reach an agreement, triggering $1.2 trillion in budget cuts that will take effect in 2013, including cuts to defense spending and Medicare. Senate Democrats planned to follow up the failed talks by introducing $400 billion in new spending legislation over the coming weeks, while Republicans indicated that they would try to reconfigure the automatic cuts in order to spare defense programs. “The knives,” said Senator Chuck Schumer (D., N.Y.), “are over our heads.”Los Angeles TimesThe HillReuters via NBCPoliticoProtesters with the Occupy …

Somali government troops killed at least ten famine refugees at the Badbaado camp in Mogadishu after distribution of dry rations by the World Food Program devolved into looting. “They fired on us as if we were their enemy,” said Abidyo Geddi. “We don�??t get much food, and the rare food they bring causes death and torture.” Thousands of Somalis fled to the United Nations�?? Dadaab complex in Kenya, enduring a weeks-long journey through hyena- and bandit-infested desert. “It is peaceful here,” said Ali Hulbale, who lives with his family at the edge of the camp. “There is no gunfire. But …

A kinkajou, 1886. Throughout the Middle East, revolutionaries and rulers struggled against one another. In Libya, the arrest of human-rights activist Fathi Terbil sparked antigovernment protests, prompting 20,000 people to gather in the city of Benghazi. Col. Muammar Qaddafi’s security forces killed at least 200 of them, including many who were participating in funeral processions for protesters killed earlier in the week. Qaddafi�??s son, Seif al-Islam Qaddafi, appeared on state television to warn Libyans that any escalation in the uprising would result in civil war. “I’m not afraid to die,” Terbil said. “I’m afraid to lose the battle.”CSMCNNGuardianNYTShortly after the …

A suicide bomber struck Moscow’s Domodedovo airport, killing as many as 34 people and leaving at least 168 injured. “From the preliminary information we have, it was a terror attack,” said Russian president Dmitry Medvedev in a televised briefing. Former Department of Homeland Security official Stephen A. Baker noted, “They�??d like to be bombing planes and they can�??t, so they�??re bombing airports.” Artyom Zhilenkov, a taxi driver, claimed he was about 10 yards from the bomber, a short, dark man carrying a suitcase. “How did I manage to save myself? I don�??t know,” he said. “The people behind me on …

Mail bombs sent from Yemen and addressed to a Chicago synagogue were intercepted by law enforcement officials in Britain and Dubai acting on a last minute tip, by way of Saudi intelligence, from Jaber al-Faifi, a “repentant” Al Qaeda operative and former Guantanamo Bay detainee. The bombs, which appear to have been intended to explode mid-air in transatlantic cargo flights, had already been on four planes, two of them carrying passengers, before they were discovered.New York TimesYemeni officials detained engineering student Hanan al-Samawi, whose name and cell phone number were found on one of the packages, but released her when …

Israeli naval commandos raided the Mavi Marmara, a Turkish ship in an aid flotilla that sought to circumvent Israel’s blockade of Gaza, and killed nine people.New York TimesAccording to Israeli officials, the commandos intended to take control of the ship and bring it to port but were attacked by passengers wielding metal rods and knives, which led to hours of hand-to-hand fighting.CBS NewsJamal Elshayyal, an Al Jazeera journalist who was on board the Mavi Marmara, said that Israeli forces opened fire from the air and that at least one casualty occurred before they boarded.New York TimesThe U.N. Security Council called …

Caught in the Web, 1860. One trillion virtual dollars vanished from the U.S. stock market in fifteen minutes, as a mysterious surge of sales triggered a chain reaction in the high-speed automatic-trading computers that account for more than half of all market activity. It was rumored that a trader had accidentally typed “b” for billion rather than “m” for million, that someone somewhere was gaming the system, and that the “flash crash” was a reaction to unrest in Greece, where 100,000 people protested spending cuts by the socialist government and three bank workers were killed by rioters. “Those riots,” said …

An American cattleman. Abdullah Abdullah, presidential challenger to Hamid Karzai, announced that he was quitting the runoff election. In a choked-up voice he cited concerns about increased violence in Afghanistan and outrage at the fraudulent election process. The election was cancelled and Karzai was declared president. More U.S. troops died in Afghanistan in October than in any month since that war began eight years ago. A suicide bombing by Taliban militants killed six U.N. staff, and Major General Mike Flynn, director of intelligence for General Stanley McChrystal’s headquarters in Kabul, warned that the number of insurgents in Afghanistan (many of …

Iraq held its first National Sovereignty Day in honor of the withdrawal of U.S. troops from Iraqi cities. A celebration was held with poets and singers in Baghdad’s al-Zawraa park and former Vice President Dick Cheney said that he was worried that the withdrawal would “waste all the tremendous sacrifice that has gotten us to this point.” Two hundred Iraqis were killed or wounded in the last ten days of June.CNNThe Washington TimesA federal court judge in New York City sentenced Bernard Madoff to 150 years in prison, calling Madoff “extraordinarily evil” and noting that none of the financier’s family …

Caught in the Web, 1860. President Obama signed the $787 billion American Recovery and Reinvestment Act and unveiled a $275 billion plan to help some of the 6 million homeowners facing foreclosure in the next three years. Some Republican governors said they would refuse stimulus aid that required their states to expand unemployment insurance. “If Republican governors do not want this money,” said Nathan Daschle, executive director of the Democratic Governors Association, “Democratic governors will put it to good use.” LATCNNCNNBloombergCBS via CQ EconomistChicago TribuneThe Washington PostThe New York TimesThe New York TimesThe New York TimesRepublican National Committee Chairman Michael …

Caught in the Web, 1860. Governments around the world attempted to slow the global financial catastrophe. Der SpiegelNYTThe stock market in Iceland reopened after a three-day suspension and immediately plunged 77 percent.NYTBloombergReutersThe Economist via Seattle PIFTGuardianBloombergSwitzerland bought $60 billion in bad debt from the largest Swiss bank, while the second-largest Swiss bank sought aid from the government of Qatar.WPPresident George W. Bush announced a world financial summit, described by some as “Bretton Woods II,” to be held at Camp David after the November 4 elections,TelegraphWSJBBCWPNYTWPBloombergCSMand the United States partially nationalized nine of its major banks. “Bush is to the left …

The world economy continued its collapse. The Dow Jones Industrial Average declined 22 percent over eight days, Wall Street lost $2.4 trillion in market value, and Iceland went bankrupt.CNNBusiness WeekThe head of the International Monetary Fund warned that the world was on the “brink of systemic meltdown,”BBCand Democrats in Congress called for a $150 billion economic stimulus plan to rebuild America’s crumbling infrastructure.Yahoo! NewsBarack Obama called for firms that create jobs to be rewarded with tax credits and for a moratorium on foreclosures;AFPJohn McCain refused to answer questions about his economic plan, but was reportedly considering a cut in the …