Throughout the government's transitional period, the Egyptian pound remained stable because the government shored it up through foreign reserves. As those reserves reach dangerously low levels, concern is mounting that a major currency devaluation is imminent.
As the U.S. military steps up training of Afghan troops in preparation for the U.S. withdrawal in 2014, it has also ratcheted up its efforts to train U.S. soldiers in Afghan language and customs. This year, the Army has more than doubled the number of soldiers trained in Pashto and Dari.
Mexico's electoral tribunal has officially declared Enrique Pena Nieta president, dismissing the opposition's claims that he won the recent election through fraud. The fraud accusations have clouded the transition to his taking power in December.
On Monday, bomb squad investigators investigated the home of an Iraqi-British couple that was murdered while on vacation in the French Alps. Also killed were the man's mother-in-law and a French cyclist. Police say that extreme violence was used in the slayings, but the perpetrators are unknown.
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